Although some companies are seeing sales improve, residential solar permits remain dismal.
In this note we summarize U.S. utility solar activity from January
In this study we have updated our U.S. solar module manufacturing data, focusing on facilities that are progressing through key milestones such as permit approval, facility construction, equipment installation, hiring, and final production.
This week, the EIA released final December and 2023 interconnection data, highlighting 5.6 GWac turned on in December alone.
For 2023A in total, permits declined by 3% as a huge start to the year was offset by the dismal second half.
Generally speaking, activity has continued to chug along in recent months despite fears from some public companies that developers are delaying work (ie ARRY, MTZ).
In this note, we are updating our utility solar model (LS-1), highlighting forecasts for interconnections, new construction, trackers, and panel installations.
4Q Pipeline Update (still growing after another 11 GWac originations); NXT/PWR/SOLV/PRIM most leverage
In this note, we are updating our list of of U.S. utility scale solar projects that are in the late stage development pipeline (defined as regulatory hurdles cleared such as environmental siting, right-of-way clearance, interconnection agreement).
During November we counted roughly 1.7 GWac of projects that kicked off during the month.
One of the constants we have found in utility scale solar development is that ALL projects experience delays