How will Biden's bipartisan infrastructure law affect solar projects?

Eight projects to be selected for award negotiations because of President Biden’s Bipartisan Infrastructure Law will focus on reducing the cost and increasing the efficiency of panel recycling processes. As solar deployment increases, the end-of-life of photovoltaic (PV) components needs to be considered.

What does Biden's trade case mean for the solar industry?

It is the second of two preliminary decisions that President Joe Biden's Commerce Department is making this year in a trade case brought by Korea's Hanwha Qcells 000880.KS, Arizona-based First Solar Inc FSLR.O and several smaller producers seeking to protect billions of dollars in investments in U.S. solar manufacturing.

How much did NV Energy bid for a solar lease?

NV Energy, Inc. placed the high bids for both leases auctioned in the Amargosa Valley Solar Energy Zone. Parcel A includes 3,775 acres with a high bid of $35.25 million, and Parcel B includes 3,451 acres with a high bid of $46.6 million. Provisional preferred applicants were identified for the two parcels auctioned outside the solar energy zone.

How much does the bipartisan infrastructure law help improve PV sustainability?

Improving PV Sustainability DOE announced the selection of four research and development projects to receive $16 million, including $8 million from the Bipartisan Infrastructure Law, aimed at reducing the costs and impacts of solar energy technologies.

What is a solar power purchase agreement (PPA)?

A solar power purchase agreement (PPA) is a financial contract in which a third-party developer owns, operates, and maintains the photovoltic system, and a customer agrees to purchase the system's electric output from the solar services provider for an agreed-upon price and for a predetermined period.

What is the BLM doing to promote solar energy on public lands?

The BLM also recently announced a proposed update of its renewable energy regulations to promote the development of solar energy on public lands, including by reducing fees for projects by around 80%, facilitating development in priority areas by streamlining review of applications, and delivering greater certainty for the private sector.