USA

US Commerce Department's 17-month probe is set to rule on trade practices related to Chinese-made solar equipment. Sanctions could include antidumping and countervailing duties up to 254% next June, impacting US clean energy growth and job opportunities. Ruling may also affect domestic manufacturers and treatment of silicon wafers used for solar cells and modules.

Leeward Renewable Energy LLC has launched its 100-MW Oak Trail solar project in North Carolina. Discover the PV park near Mayock in Currituck County, financed with a USD 420 million green loan plus a USD-195-million tax equity commitment from Wells Fargo. Plus, the native vegetation and wildflowers pollinator habitat.

NorSun has raised 8.6 million dollars to fuel its growth projects in Europe and the US. Statkraft Ventures, Ardal Energi, Nysno Klimainvesteringer, and more, have subscribed to the capital. NorSun plans to build a 5GW production facility in the US and 3GW expansion in Årdal, Norway, funded in part by the EU Innovation Fund.

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Maxeon Solar Technologies plans to build a 3-GW solar cell and panel factory in Albuquerque, NM, creating 1,800 jobs and increasing the company's total North American solar panel capacity to 4.8 GW. DOE loan and tax credits are eligible for the project.

Energy Vault chooses KORE Power to supply US battery production from 2025, with initial 1.3 GWh capacity increasing to 18 GWh. US Department of Energy offers $850 million loan and Energy Vault makes $15M investment in KORE Power.

Swift Current Energy completes financing on 800-MW Double Black Diamond Solar project to generate power to serve over 100,000 homes in the MISO area. Constellation to buy portion of power and RECs produced. McCarthy Building Companies Inc to serve as EPC contractor.

MCE has just added 1.6 MW of solar energy in California and is partnering with local developers to support its Feed-in Tariff program, creating quality jobs with family-sustaining wages and helping to meet California's 2045 carbon-free energy goal.

Gridmatic has launched a $50m energy storage fund to manage up to 500MW of battery capacity in ERCOT and CAISO markets. With successful first tranche of $24.95m, Gridmatic's AI algorithms will optimise energy storage with up to 46% increase in revenue. Investors can now capitalise on energy market volatility without managing a battery project.

Solar installations to reach historic high in 2023 with 270 GW of new capacity. China to remain leader in panel manufacturing while US sees boom in utility & residential solar. UK to lead in residential solar, Romania in distributed projects. Solar LCOE falling; 330 GW capacity by 2032.

Matrix Renewables, a TPG-Rise backed company, acquires controlling interest in 200MWac/261MWdc solar project in Idaho. Output to power Meta's data center and will contribute to its goal of 100% renewable operations. Construction expected to begin Q3 2023.

SMA America's Home Energy Solution provides grid stability and cost savings for homeowners, as well as modular design and easy upgrades for installers. The intuitive SMA 360° and Sunny Portal apps keep homeowners and installers connected for control and peace of mind.

Matrix Renewables acquires controlling stake in 200 MW/261 MWp Pleasant Valley Solar project in Idaho. Construction to begin in 2023 with a PPA in place with Idaho Power for electricity to Meta Platforms Inc. Adding to their 6,000 GW portfolio, Matrix Renewables contributes to a sustainable energy future.

BrightNight, Rivian Automotive, and The Nature Conservancy team up to build 800-MW solar park on former coal mine in Kentucky. USD-1-billion project will enable over 450 million miles of renewable energy-powered driving annually and create open-source guide to consider conservation, climate, and community.

REVKOR and H2GEMINI partner to construct a 5GW solar cell and module production facility, beginning production in Q2 2024. The project will utilize HJT/Perovskite technologies and mark a milestone for renewable energy.