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Nextracker opens up 3rd United States manufacturing facility this year as part of PV reshoring commitment
United States solar tracker supplier Nextracker as well as steel producer BCI Steel have reopened the Bethlehem steel manufacturing factory in Leetsdale, Pittsburgh that will certainly refine steel and also create solar tracker equipment for utility-scale solar projects.
Jun 28, 2022 // Manufacturing News, USA, pv power plants, trackers, North America, Nextracker, solar trackers, steel, factory, reshoring
United States Residential Solar Systems See Growth in Size, Decline in Price
An annual solar report launched by Lawrence Berkeley National Laboratory (LNBL), Tracking the Sun, has made essential monitorings about the residential solar systems in the US. The report records the trends in the US market for near 2.5 million systems mounted in 2021 year-end, along with the preliminary data for the initial half of 2022.
Oct 11, 2022 // Markets & Finance News, Storage, Market Research, supply chain, module costs, awrence Berkeley National Laboratory, median installed prices, non-residential solar systems, Residential Solar Systems
Hundreds of mayors urge Congress to extend solar ITC
More than 200 mayors across the US have sent a letter urging Congress to pass a five-year extension of the solar Investment Tax Credit (ITC) with a particular focus on creating jobs and drawing investment.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Policy, USA, ITC, woodmac, North America, Abigail Ross Hopper, congress, mayors
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power
OMERS Infrastructure has actually tattooed a contract with International Finance Corporation and IFC GIF Investment Company I to make the purchase.
Aug 2, 2021 // Markets & Finance News, international finance corporation, Azure Power Global Limited, IFC GIF Investment Company I, OMERS Infrastructure, Stock Purchase Agreement, Annesley Wallace, Prateek Maheshwari
Iberdrola produces JV with insurance policy company to invest in 1GW of Spanish renewables
Iberdrola has created a critical partnership with insurance company Mapfre that will initially purchase 230MW of clean energy projects in Spain, consisting of 130MW of solar PV.
Apr 8, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Portugal, Battery Storage, Iberdrola, Europe, joint venture, utility, data centres, Merlin Properties, Jakob Carnemark
FTC Solar's revenue plummets from 2021 as it condemns US import constraints for dampening demand
US solar tracker manufacturer FTC Solar has actually reduced its net losses compared to last quarter and also Q2 2021 however has seen its revenue collapse, condemning a hostile solar market environment in the US that has seen project hold-ups and also cancellations, which it stated it now hoped was pertaining to an end.
Aug 10, 2022 // Markets & Finance News, financial results, trackers, ftc solar, us, tracker manufacturing, AD/CVD, UFLPA, Inflation Reduction Act, IRA
Ford selects Sunrun as installment partner to make brand-new F-150 Lightning backup source of power
Leading United States domestic solar and also storage space company Sunrun has partnered with car manufacturer Ford as the installer of home charging systems for its F-150 Lightning truck.
May 20, 2021 // Residential, Markets & Finance News, Storage, Transport, USA, Sunrun, North America, Lynn Jurich, electric vehicle battery, ford, power backup
CATL as well as FlexGen Sign 10 GWh BESS Supply Agreement for North America
CATL has actually agreed with FlexGen Power Systems to supply 10 GWh of its power storage space devices over a 3 year duration.
The Chinese technology titan said that with IP55 and C5 anti-corrosion defense, its EnerC can stand extreme climatic problems, guaranteeing the secure and trustworthy procedure of the entire system for 20 years.
Sep 23, 2022 // Storage, Southern California Edison, BESS, CATL, Tan Libin, FlexGen Power Systems, Kelcy Pegler, master supply agreement, Contemporary Amperex Technology Co. Limited, EnerC, HybridOS
United States behind-the-meter storage space projection drops 31% on coronavirus concerns
Wood Mackenzie has actually reduced its 2020 storage space overview to 430 MW-- still a rise of greater than 100% over 2019-- in the middle of problems over the function of sales, appointing as well as affiliation within of shelter-in-place regulations
Mar 31, 2020 // Storage, USA, Wood Mackenzie, North America, Brett Simon
Mercedes-Benz partner with Hydro-Québec for solid-state battery development
The luxury car maker is banking on the timely advancement of market-ready solid-state batteries. Mercedes will work with the Canadian research institute to rapidly incorporate brand-new technology into field applications to cut development cycle times.
Feb 5, 2020 // Technology, Storage, USA, Canada, France, Texas, Europe, North America, Mercedes-Benz, Jochen Hermann
Engie North America Patners With Climate Investor For Distributed Generation Portfolio
ENGIE North America and also Hannon Armstrong, a leading investor in climate change remedies, introduced a brand-new partnership to jointly buy a Distributed Generation (DG) portfolio of solar and also solar-plus-storage properties situated across the United States.
Dec 8, 2020 // Markets & Finance News, USA, Engie, North America, Hannon Armstrong, Jeffrey W. Eckel, Gwenaëlle Avice-Huet, ENGIE North America
Grid-scale, residential energy storage installments established new quarterly records
The utility-scale energy storage space market set up 4,733 MWh in Q3 2022, going beyond the previous quarterly high of 4,590 MWh set in Q1 2021. This info is in the most up to date "united state Energy Storage Display" record from ACP and Wood Mackenzie. Grid-scale storage releases in Q3 primarily came from California and Texas, which accounted for 96% of overall mounted capacity.
Dec 16, 2022 // Residential, Grids, Market Research, USA, Jason Burwen, Wood Mackenzie, North America, Vanessa Witte
Top Renewable Energy ETFs
Get to know how to make money on renewable energy exchange-traded funds. What is a clean energy ETF? How to invest money in alternative energy stocks
Aug 18, 2024
DOE announces US$ 8.25 bn in loans to support grid transmission improvements
The US Department of Energy (DOE) has earmarked US$ 8.25 billion in loans to support grid transmission enhancements as more renewables are contributed to the nation's power mix.
Apr 29, 2021 // Markets & Finance News, doe, department of energy, biden, clean energy transition, Jennifer Granholm, american jobs plan, loan programs office, texas winter storm, western area power administration
Sunnova Raises $170M in First US Solar IPO in Years
“We’re the first solar company that went public that’s headquartered in Houston,” CEO John Berger tells GTM. “Now you know the energy business has really changed.”
Jul 29, 2019 // Markets & Finance News, Sunnova, SolarCity, Sunnova CEO, Greentech Media, IPO, John Berger, First Solar










