Embattled turbine suppliers welcome EU financing aid but await effective measures to accelerate permitting and raise auction volumes before investing in new factories.
East Coast offshore wind auctions must reflect a new cost reality to lure back developers still licking their wounds from major write-downs, industry experts said.
Clean tech developers are favouring separate battery stations to capitalise on inflation act incentives and grid benefits, curbing activity in hybrid wind-storage for now.
Rising congestion in the Southwest Power Pool is prompting developers to shift south and turn to energy storage while major transmission projects lift future prospects.
The government is considering industry requests for price indexation and ringfenced offshore wind support after no bids in the last auction dealt a blow to UK climate targets.
Tax credits and soaring demand in California and Texas are spurring developers to install bigger batteries, retrofit solar plants and build on disused coal plants.
The value of solar varied widely between U.S. markets in 2022, highlighting new project opportunities for developers able to control supply risks, industry experts said.
Rising solar deployment rates, tax credits and an eventual retreat in interest rates will put downward pressure on solar power prices in the coming years, industry experts said.
Announcements of capital-intensive cell factories have surged as developers seek bonus tax credits and less global risks but, for now, most of the silicon wafers used in cells...
Bonus tax credits are boosting the economics of solar and battery storage on former coal plant sites and nearby land but developers must forecast local unemployment to limit risks.
