With First Solar not yet having sold a major
U.S. utility scale projects without the low cost of capital provided by a DOE loan guarantee, its ability to secure ready access to capital markets at a low cost will be critical, in our view — for its growth strategy, particularly, as we estimate its core direct module sales are losing money at current prices.»
And Samsung America notched
another U.S. utility scale solar contract for a 1.86 MW rooftop PV system located in Chino, California.
Not exact matches
In a Friday update, the
U.S. Energy Information Administration reports that for a brief period on March 11th,
utility -
scale solar accounted for 40 % of net grid power produced in California.
«We are seeing large swaths of centralized
utility scale solar be procured primarily because of how cost competitive it is,» said Cory Honeyman, who follows the
U.S. solar industry for market research firm GTM Research.
Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the
U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in
utility -
scale project approval process; delays in
utility -
scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the
U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in
utility -
scale project approval process; delays in
utility -
scale project construction; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 20, 2016.
Recurrent Energy, a
U.S. subsidiary of Canadian Solar Inc., is redefining what it means to be a mainstream clean energy company, with
utility -
scale solar plants that provide competitive clean electricity.
Factors that could cause actual results to differ include general business and economic conditions and the state of the solar industry; governmental support for the deployment of solar power; future available supplies of high - purity silicon; demand for end - use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the
U.S., India and China; changes in customer order patterns; changes in product mix; capacity utilization; level of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in
utility -
scale project approval process; delays in
utility -
scale project construction; cancelation of
utility -
scale feed - in - tariff contracts in Japan; continued success in technological innovations and delivery of products with the features customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
«Solar import tariffs imposed by the
U.S. government in January are likely to have only a limited impact on solar energy development in the country, but are likely to tip the
scales toward wind projects at the
utility scale,» the RECAI stated.
«Solar import tariffs imposed by the
U.S. government in January are likely to have only a limited impact on solar energy development in the country, but are likely to tip the
scales toward wind projects at the
utility scale,» the RECAI
As many as 41 states, not including Puerto Rico and Guam, now have
utility -
scale wind projects, with
U.S. Global Investors» home state of Texas the leader by far.
The
U.S. Department of Energy puts the drop at 64 per cent for
utility -
scale solar power and 41 per cent for land - based wind since 2008.
More than 26,000 MW of
utility -
scale solar power projects are already under development in the
U.S. Rayton Solar technology will improve efficiency, cut costs, and even develop new applications for
utility -
scale projects.
And over the years its count of
utility -
scale solar has often fallen well below what is reported by GTM Research and Solar Energy Industries Association (SEIA) in their quarterly
U.S. Solar Market Insight reports.
For example, a study by Vasilis Fthenakis and Hung Chul Kim of Columbia University (2009) found that, on a life - cycle electricity - output basis — including direct and indirect land transformation —
utility -
scale PV in the
U.S. Southwest requires less land than the average
U.S. power plant using surface - mined coal.
While accounting for only a handful of total
U.S. solar installations, the development of
utility -
scale solar thermal systems that concentrate the sun's energy to drive a traditional turbine using very high temperatures have also seen significant growth in recent years.
California accounts for roughly half of all
U.S. installed
utility -
scale PV solar with more than 2,700 MW of capacity, followed by Arizona with 960 MW (17 percent) and North Carolina with 340 MW (6 percent), according to EIA.
According to Public Works Financing, the collapse of Abengoa would also deal a blow to the Obama administration's clean energy program, since «starting in 2010, the
U.S. Department of Energy provided Abengoa with loan guarantees and grants to support $ 4 billion in financing for two
utility scale solar power projects in Arizona and California.»
GTM Research and the
U.S. solar trade group forecast that Texas will install 4.6 GW of solar PV over the next five years, nearly all of which will be
utility -
scale.
Through December 2015, CSP made up 8 % of total
U.S. solar electric generating capacity, while
utility -
scale solar photovoltaic (PV) made up 53 %, and distributed solar PV made up 38 %.
According to the
U.S. Department of Energy (DOE), the average price of
utility -
scale solar is now 6 cents / kWh, a target DOE had hoped to reach in 2020.
The newest solar buy, 88 megawatts in total and scheduled to start service in 2012, is Google's first
U.S. utility -
scale PV undertaking, its first participation in a feed - in tariff - based program, which also brings mega-investor Kohlberg Kravis Roberts & Co. (KKR) into that company's first
U.S. sun deal.
Overall,
utility -
scale solar systems make up about 1.1 % of the total
U.S. electric generating capacity, while distributed generation PV systems provide another 0.8 %.
According to the American Wind Energy Association, there are approximately 1,000
utility scale wind projects — which represent 74,512 megawatts (MW) and over 48,800 wind turbines — installed across 40
U.S. states, plus Puerto Rico and Guam.
The
U.S. Department of Energy (DOE) reported that the solar industry has realized the 2020
utility -
scale solar cost target set by the SunShot Initiative of having an average price of
utility -
scale solar at 6 cents per kilowatt - hour (kWh).
Construction began this summer on the first
utility -
scale wind farm in North Carolina, and one of the first in the southeastern
U.S., the Amazon Wind Farm US East, powered by Iberdrola Renewables.
The Santa Monica - based company is now the second - largest
utility -
scale solar developer in the
U.S., behind only First Solar.
EIA expects the share of
U.S. total
utility -
scale electricity generation from natural gas - fired power plants to rise from 32 % in 2017 to 34 % in both 2018 and 2019.
California accounted for more than 75 % of
U.S. utility -
scale solar capacity installed in 2013.
This month's top decline is a
U.S. solar panel manufacturer that reported solid Q2 16 results, but lowered its 2016 guidance due to decreased demand for
utility -
scale solar projects and lower panel prices.
Solar has surpassed a variety of milestones — for example,
utility scale solar is growing at a rate faster than other generation technologies, wind and solar provided over 10 % of
U.S. power in March, and
utility scale solar has already broke the $ 1 / watt pricing goal set up by the
U.S. DOE.
She began covering renewable energy issues at the local level in 2005 and covered
U.S. and Canadian
utility -
scale wind energy as editor of North American Windpower magazine from 2006 - 2009.
(In the
U.S. unsubsidized levelized costs of energy vastly favor wind and
utility scale solar.
WASHINGTON, D.C. — In conjunction with the annual Solar Power International conference, the
U.S. Department of Energy (DOE) released new research today that shows the solar industry has achieved the 2020
utility -
scale solar cost target set by the SunShot Initiative.
The cost of solar photovoltaic (PV) energy has dropped far and fast in the
U.S. Utility -
scale solar generation costs, for example, have plummeted 75 percent over the past six years.
The cost of solar PV has been dropping rapidly in the
U.S., with the
U.S. Department of Energy announcing last month that the solar industry had achieved the agency's SunShot Initiative 2020 cost reduction goal of $ 0.06 per KWh for
utility -
scale PV power, three years ahead of schedule.
Arizona also has, according to a National Renewable Energy Lab study, the third best combination of land area and resource potential in the
U.S. for
utility -
scale solar power plant development (behind Utah and New Mexico).
According to the
U.S. Energy Information Administration (EIA), for the first time since July 1984, monthly
U.S. electricity generation from
utility -
scale renewable energy sources exceeded nuclear generation in March and April 2017.
A group of eight Republican senators has sent a letter to the
U.S. Trade Representative and other federal agencies calling for
utility -
scale solar panels to be exempt from the Section 201 tariffs.
The
U.S. utility -
scale market has long been set for a breakout year in 2016, due to the formerly pending expiration of the
U.S. Investment Tax Credit (ITC).
«While
U.S. solar grew across all segments, what stands out is the double digit gigawatt boom in
utility -
scale solar, primarily due to solar's cost competitiveness with natural gas alternatives,» said Cory Honeyman, GTM Research associate director of
U.S. solar research.
In the first six months of 2014, 4,350 megawatts (MW) of new
utility -
scale generating capacity came online, according to preliminary data from the
U.S. Energy Information Administration's Electric Power Monthly.
Three separate organizations under the umbrella of the
U.S. Department of Energy track various aspects of
utility scale solar power plant's costs, and are producing very different numbers.
I have yet to read an article discussing the deployment of
utility scale wind or solar projects in the
U.S. that includes an assessment of Europe's almost 30 year experience which has been less than stellar.
The
U.S. Renewable Energy Map: A Guide for Corporate Buyers answers the question, «where is there opportunity to purchase large -
scale renewable energy from
utilities across the United States?»
To recap: BrightSource (BSE) is a
utility -
scale solar thermal player with massive funding from private equity sources and
U.S. DOE loan guarantees.
... 328,000 new onshore 5 MW wind turbines (providing 30.9 % of
U.S. energy for all purposes), 156,200 off - shore 5 MW wind turbines (19.1 %), 46,480 50 MW new
utility -
scale solar - PV power plants (30.7 %), 2,273 100 MW
utility -
scale CSP power plants (7.3 %), 75.2 million 5 kW residential rooftop PV systems (3.98 %), 2.75 million 100 kW commercial / government rooftop systems (3.2 %), 208 100 MW geothermal plants (1.23 %), 36,050 0.75 MW wave devices (0.37 %), 8,800 1 MW tidal turbines (0.14 %), and 3 new hydroelectric power plants (all in Alaska).
About half of new
utility -
scale power on the
U.S. grid last year came from renewables, according to the US Energy Information Administration.
There are small
utility -
scale U.S. experiments combining solar and wind around the country.
Although several large -
scale solar projects in California have sputtered (including two from BrightSource) and technical challenges are considerable, the
U.S. Department of the Interior's Bureau of Land Management (BLM) announced a move in early July to prioritize more than 300,000 acres of public lands in six Western states for use by
utility -
scale solar plants, with nearly half of that acreage in California.