First Solar (NASDAQ: FSLR) is the only major solar company that wasn't crushed over the past year as higher interest rates and solar policy changes hit the industry. And the company's advantage in the market has been over a decade in the making.
As societies look for ways to cut greenhouse gas emissions and slow climate change, large-scale solar power is playing a central role. Climate scientists view it as the tool with the greatest potential to reduce carbon dioxide emissions by 2030.
The U.S. has doubled the pace of cutting carbon emissions since President Joe Biden's Inflation Reduction Act (IRA) passed in 2022, analysts and scientists said, with more than 80 solar, wind and energy storage projects taking advantage of the law's mix of direct payments and tax credits.
Proposed changes to the US Bureau of Land Management’s Western Solar Plan would clear the way for large solar energy projects to be built across vast tracts of public lands in 11 western states. The proposed amount of land available to the solar industry ranges between 8 acres and 55 million acres, depending on the […]