.
A new GlobalData forecast projects US renewables will rise from about 414.5 GW in 2024 to 1.06 TW by the mid-2030s, with solar and wind driving growth despite shifting federal policy.
The US added 11.7 GW of solar in Q3, a 49 percent year-on-year increase, but policy uncertainty is shifting clean energy investment towards Europe.
The world's capacity to generate electricity from renewable sources such as wind, solar and hydro is on track to set a new record in 2021, with installations expected to keep accelerating in the following years.
Hanwha Solutions Corporation agrees to purchase 16.67% stake in REC Silicon ASA. This investment aims to secure the supply of key photovoltaic raw materials to meet growing US consumer demand for domestically manufactured products.
Lithuanian solar module manufacturer Solitek has signed cooperation agreements with the US company Convalt PowerGen LLC. At the beginning of next year Solitek will start supplying its modules to the US market.
Ads-Tec Energy recently announced its expansion into the United States with the establishment of a US subsidiary, and the appointment of a key executive for sales, including the hiring of an experienced US sales team.
STI Norland, manufacturer of tracking systems, has established itself as a major supplier in Latin America, doubling its market share from 17% to 35%.
Corporate solar investments in the United States grew 20-fold over the last decade in 2019, according to a new report of the Solar Energy Industries Association (SEIA).
