Utility-Scale Solar and Storage Market Predictions for 2023-24
The renewable energy industry has seen no shortage of developments in the last few years, and the future looks bright.
The renewable energy industry has seen no shortage of developments in the last few years, and the future looks bright.
By Steve Drew, Vice President, Market Strategy When we turn on the lights every morning, complex layers of policy and technology make this simple process possible. Our ability to power our communities depends on the operations of energy markets across the country – they ensure that the supply of energy meets forecasted demand in the most economic and reliable manner. Policy sets the rules for North American…
Utility-scale solar developers offer a unique perspective on issues impacting the renewable energy industry; conceptualizing potential project opportunities from inception. Rob Masinter, COO of Redeux Energy, sat down with Suncast Media this fall to discuss key issues affecting the industry, including: the Inflation Reduction Act, energy storage, and supply chain disruptions. Q&A: Top Industry Trends Suncast Media: What does the inflation reduction act (IRA) mean for utility-scale solar and…
By Christina Derlath, Director of Finance Christina Derlath has extensive experience in project finance and tax in the renewable energy industry. Financing a utility-scale renewable project can be an arduous and intricate process. Utility-scale renewable projects involve many moving pieces and incur their share of financial risks, but they also present sponsors with unique opportunities to generate revenue while creating clean, renewable energy. Project finance moves crucial…
By Rob Masinter, Chief Operating Officer, Redeux Energy Renewable energy deployment accounts for 95% of the forecasted increase in global power capacity through 2026. Solar will comprise nearly half of that capacity. The momentum behind renewable energy will only continue to grow. It’s important for business leaders, energy industry stakeholders, and the general public alike to understand the benefits of a sustainable future. Below, Rob Masinter,…
By Garrett Gill, VP of Land The farming and solar energy industries may appear to be at odds with each other regarding land use – both need large land positions in order to succeed. That said, solar developers and farmers have been working together for decades, forming mutually advantageous partnerships. Recent studies have found that co-locating solar energy generation facilities with active agriculture (sometimes referred to…
By Garrett Gill, VP of Land. Ranchers across the country are experiencing an evolution, a shift in how people consume meat. Profits are becoming slimmer as consolidation in the meatpacking market is forcing ranchers to accept lower prices for their product. According to the New York Times, “The four largest meatpackers have used a wave of mergers to increase their share of the market from 36%…
By Joe Martin, Manager, Land Acquisition Thousands of people around the country own land, and many are not aware of its untapped potential. On agricultural land alone, experts estimate that by installing renewable energy infrastructure on just 1% of existing underused farmland, solar panels could provide 20% of electricity for the U.S.—and farmland is only a portion of usable landholdings. The solar industry operates on just…