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US solar generation up 25% in 2021, renewables' share of power mix set to surpass coal in 2022
Solar power generation in the United States rose by 25.23% in 2021, making it the country's fastest-growing source of electrical power, while renewables made up 21.02% of all electrical energy and also look set to surpass coal in regards to total manufacturing in 2022.
Mar 1, 2022 // Markets & Finance News, Rooftop PV, USA, UTILITY-SCALE SOLAR, North America, coal, EIA, sun day campaign, us energy mix
First Solar will supply 700 MW solar modules to Silicon Ranch
The firms call it the development of the 4-GW master supply contract (MSA) that they checked in April. First Solar held that the new arrangement reinforces a shared commitment by both the companies to enhance the domestic supply and promote lower-carbon manufacturing procedures.
Oct 21, 2022 // Manufacturing News, First Solar, photovoltaic, Georges Antoun, Silicon Ranch, Reagan Farr, ica’s largest solar manufacturer, lower-carbon production
LS Power to Acquire EV Charging Solutions Firm EVGo
owning and operating the most extensive public fast-charging network in the United States,” said David Nanus, co-head of Private Equity at LS Power. “This
Dec 24, 2019 // Markets & Finance News, Transport, USA, North America, ev charging, EVgo, LS Power, LS Power Acquire EVGo
Distributed solar developer New Energy Equity gotten by US energy for US$ 166m.
US energy Allete is getting Maryland-headquartered distributed solar designer and driver New Energy Equity for around US$ 165.5 million.
Mar 7, 2022 // Markets & Finance News, USA, North America, distributed solar, m&a, Distributed Energy Resources, Allete, New Energy Equity
High electricity costs, policy support driving roof PV deployment globally
Set up roof solar capacity internationally is on track to raise 61% in between 2021 as well as 2025 as policy support urges deployment and also homeowners want to minimize high electricity prices.
Mar 15, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, China, Australia, Asia, Oceania, North America, feed-in tariff, soft costs, rystad energy, deployment statistics, costs
California mining site to mount solar + storage system
Imerys is partnering with TotalEnergies to install a 15-MW solar system coupled with a 7.5-MWh energy storage system at Imerys's Lompoc center in Santa Barbara County, California. TotalEnergies will certainly mount, keep and run the system under a 25-year power purchase and storage services agreement (PPSSA).
May 16, 2023 // Plants, Storage, California, USA, North America, TotalEnergies, Imerys
Enfinity Global Hits 232 MW Milestone in Italy
Discover how two states dramatically increased their solar power capacity by 70 MW. Get the details on this impressive success story!
Oct 25, 2023 // Markets & Finance News, Blockchain, Italy, Europe, Enfinity Global
Reliance unit to purchase 20% people perovskite solar tech firm Caelux
Indian corporation Reliance Industries Ltd (BOM:500325) said today its green energy arm has secured an offer to obtain a 20% risk in Caelux Corp, a US-based company engaged in the development of perovskite-based solar modern technology.
Sep 23, 2022 // Markets & Finance News, USA, North America, Reliance Industries Ltd, Caelux Corp
Honeywell's 20 MW ESS For Hecate Energy in New Mexico
Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park situated on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar ranch will certainly be capable of supplying sufficient electricity to power up to 16,000 ordinary New Mexican homes for a year. The project will help satisfy the state's decarbonization goals.
Mar 1, 2022 // Plants, Storage, USA, North America, New Mexico, hecate energy, Honeywell ESS
Solar racking provider Unirac secures extra PE companies as investors
Middle-market personal equity firm Greenbelt Capital Partners has led a bulk recapitalisation investment of an undisclosed amount in US solar racking and also mounting solutions provider Unirac Inc
Oct 7, 2022 // Markets & Finance News, Unirac, Greenbelt Capital Partners, Sam Graham
Off-grid renewables firm Ryse Energy raises USD 15m in RWE-led round
Ryse Energy, a professional in decentralised renewable resource systems, has actually raised USD 15 million (EUR 13.7 m) in a growth funding round led by RWE Energy Transition Investments, an investment vehicle of the energy trading arm of German energy team RWE AG (ETR: RWE).
Apr 11, 2023 // Markets & Finance News, Ryse Energy, Costas Papamantellos
Extreme warm may create power shortages in California this summertime as solar result falls-- NERC
California could be at risk of power deficiencies this summertime due to above-normal temperatures affecting solar result, the North American Electric Reliability Corporation (NERC) has actually alerted.
May 18, 2021 // Plants, Markets & Finance News, California, USA, Canada, Texas, North America, miso, Jim Robb
LG Energy Solution's $10.7 Billion IPO And Also Its Probable Impact
LG Energy Solutions $10.8 billion IPO makes it clear that the battery market is mosting likely to be a market for big players. For countries looking for to make a domestic manufacturing arrangement, government's will require to step up to sustain companies.
Jan 21, 2022 // Markets & Finance News, Storage, IPO, Panasonic, CATL, Samsung SDI, QuantumScape, LG Energy Solution, SK Innovation, sodium ion, solid state batteries
MISO's newly approved transmission line buildout 'to support 53GW of renewables'
the 18 transmission lines will be the largest transmission portfolio in the United States, supporting 53GW of new renewable energy resources included in utilities'
Jul 27, 2022 // Grids, USA, grid, North America, miso, transmission line, Clean Grid Alliance, extreme weather
Respite for South East Asia Manufacturers, As US Delays Decision on Solar Tariffs
Vietnam, Thailand as well as Malaysia have remained in the cross hairs of the current relocation, which has been delayed for now.
Oct 5, 2021 // Markets & Finance News, Tariffs, USA, SEIA, North America, solar tariffs, South-East Asia, A-SMACC, department of commerce, job losses, price escalations