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DOE establishes new community solar target, requires 700% growth in 4 years
United States Department of Energy (DOE) secretary Jennifer Granholm has revealed a brand-new National Community Solar Partnership (NCSP) target to have community solar projects supply 26GW of power and also develop US$ 1 billion in bill cost savings by 2025.
Oct 12, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, doe, solar targets, Jeff Cramer, Jennifer Granholm, Kiran Bhatraju
'A step in the wrong direction': United States utility-scale solar deployment fell 53% in Q2
US utility-scale solar installments in Q2 2022 were down 53% year-on-year as policy headwinds and trade concerns affected growth and raised the stockpile of postponed projects, a new report has actually disclosed.
Jul 28, 2022 // Plants, Large-Scale, Markets & Finance News, Policy, California, USA, PPA, Texas, Invenergy, North America, Indiana, deployment statistics, American Clean Power Association, AD/CVD
Ford Motors Signs 650 MW PPA With United States Energy Company DTE Energy
DTE will certainly raise the amount of solar energy set up in Michigan by about 70% by including 650 megawatts under its MIGreenPower initiative for Ford.
Every Ford vehicle constructed in Michigan will certainly be put together utilizing the power that is 100% carbon-free by 2025, which is ten years earlier than Ford's worldwide target.
By utilizing carbon-free electrical power, Ford will protect against approximately 600,000 tonnes of carbon dioxide emissions per year.
The acquisition will aid Ford move closer to carbon nonpartisanship and also bring in jobs and tax money for Michigan.
Aug 15, 2022 // Markets & Finance News, clean energy, Solar Energy Industries Association, SEIA, Renewable Energy, International, green energy, dte energy, electric vehicle (EV) market, Ford Motors
Sungrow Signs 500 MWac Contract For PV Inverter Solutions in Brazil
The contract is with Mercury Renew to Supply PV Inverter Solutions to the Helio Valgas Solar Park in Brazil.
Sungrow has become a market leader in Latin America, crossing the 5 GW milestone last year.
Apr 1, 2022 // Inverters, Sungrow, International, brazil solar, Helio Valgas project, Mercury renew, Pedro Fiuza
Biden to provide $3.1 B to support domestic production of EV batteries
President Joe Biden's management stated it will supply $3.1 billion in funding to support the domestic production of sophisticated batteries that will stimulate electric vehicle fostering.
May 3, 2022 // Markets & Finance News, Storage, EV batteries, Joe Biden, LG Energy
Altius Announces $32.5 million investments in RE platform
Altius' subsidiary Great Bay Renewables has actually carried out agreements to spend into a new international renewables development platform called Bluestar Energy Capital.
Great Bay is likewise investing alongside another institutional financier for a minority equity ownership in Bluestar
May 9, 2022 // Markets & Finance News, Declan Flanagan, Renewable Energy, Lincoln Clean Energy, Apollo Global Management, Altius Renewable Royalties Corp, Bluestar Energy Capital, Frank Getman, Great Bay Renewables, Nova Clean Energy, Ørsted Onshore
Enel works on addition to Latin America’s self-styled largest PV project
Enel has hit yet another deployment milestone with what it bills as Latin America’s biggest solar plant under construction, a project it is building in Brazil’s northeast.
Aug 22, 2019 // Plants, Enel, bifacial, Latin america, São Gonçalo, Soltec
Financiers get behind 296MWdc merchant bifacial project in Mexico
Fotowatio Renewable Ventures (FRV) has lined up finance for a major bifacial solar project it will develop in Mexico’s centre without the help of subsidies.
Sep 19, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, bifacial, Latin america, ifc, Mexico, North America, frv, fotowatio
SunPower Secures $1 Billion in Solar Plus Storage Financing
SunPower has actually revealed that a brand-new USD 1 billion collaboration with Tech CU will certainly boost funding choices for certified United States domestic solar consumers.
May 6, 2020 // Residential, Markets & Finance News, USA, SunPower, North America, SunPower Solar Financing, Tech CU, Norm Taffe, Deborah Crouch
First Solar backs carbon pricing for wholesale electrical power
First Solar has actually backed carbon rates in comments submitted to the U.S. Federal Energy Regulatory Commission. The firm likewise co-founded a global plan institute to sustain carbon prices as a "economical, fair as well as politically viable environment solution."
Jun 9, 2020 // Markets & Finance News, Policy, USA, First Solar, North America
Ikea spends extra in solar every day
The Swedish furnishings titan has stated it will turn among its Australian warehouse stores right into its first 100% renewables-powered solar+ storage space retail project. Australia is likewise residence to the firm's very first development of its retail solar offering, Solstråle.
Jul 2, 2020 // Markets & Finance News, Australia, Oceania, ikea
New PV cell architecture creates resistively bounded subcells
Solar Inventions, the winners of the initial American-Made Solar Prize, strategy to commercialize their newest product, which is declared to decrease silver web content and rise module power, while potentially saving makers approximately $1 million each year.
Aug 12, 2020 // Technology, USA, North America, Benjamin Damiani
Surrey is leading the way in perovskite tandem solar cells
Scientists from the University of Surrey have actually exposed the considerable renovations they are making in perovskite-based solar cells. Perovskite solar cells have revealed significant capacity within the effectiveness restriction of the extensively used solar cells currently on the market by soaking up light in a more comprehensive range of wavelengths.
Oct 19, 2020 // Technology, UK, solar cells, Europe, perovskite, University of Surrey, Ravi Silva, ATI, Wei Zhang, Hui Li
US sets up 'record levels' of grid batteries in Q2
Installations reached 2608MWh having been boosted by a series of implementations in Texas, claims WoodMac
Sep 15, 2022 // Markets & Finance News, Storage, USA, Wood Mackenzie, North America, Vanessa Witte
Minerals company ICL To Invest $400 Million in Lithium Battery Materials Facility in United States
ICL was granted $197 million through the Bipartisan Infrastructure Law financing and the plant is expected to be operational by 2024.
The manufacturing facility will have 2 assembly line and also each production line will certainly be capable of producing 15,000 metric lots of LFP product yearly.
Oct 21, 2022 // Markets & Finance News, department of energy, McCarthy, Bipartisan Infrastructure Law, cathode active material, Aleees, ICL, Lithium Iron Phosphate, minerals company ICL, Phil Brown













