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LG Energy Solution will invest $4.5 billion to enhance American battery production
LG Energy Solution (formerly LG Chem) plans to invest more than $4.5 billion over the next four years on battery production ability in the USA. This new investment will allow for 10,000 more American jobs and 70 GWh of additional battery manufacturing capacity. The batteries will mainly be provided to the electrical lorry market and some energy storage space system companies.
Mar 15, 2021 // Markets & Finance News, Storage, USA, LG CHEM, North America, Jong Hyun Kim
Solar could provide 40% people power by 2035, but just if installments quadruple this decade
Solar PV can supply approximately 40% of the US' total power need by 2035, however just if annual installations quadruple by the center of the years.
Sep 9, 2021 // Markets & Finance News, USA, NREL, UTILITY-SCALE SOLAR, North America, Joe Biden, doe, Jennifer Granholm
Array Technologies revenues dented by supply chain woes, project delays
Solar tracker service provider Array Technologies is expecting to bounce back from a 2021 beset by supply chain difficulties and project hold-ups, as its order publication gets to a brand-new high and also comes to be extra geographically diverse.
Apr 7, 2022 // Markets & Finance News, financial results, trackers, Array Technologies, supply chain, company results, AD/CVD, project delays
Hawaii's renewable tender to deliver major solar and storage push
The biggest sustainable tender in Hawaii's background has actually selected its champions, getting a solar and also storage space pipe that goes beyond anything the United States state has actually ever before seen.
May 14, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, pv power plants, tender, solar-plus-storage, Hawaii, North America, hawaiian electric, Jim Alberts
Tesla now declares 'lowest cost for house solar'-- yet process is 'packed with mistakes'
Tesla has actually annihilated its solar company from installation optimals of years past and also its market share lead has long been surrendered to Sunrun and also others. In December, it declared it would certainly set up 1,000 building-integrated solar roof coverings weekly-- a figure it has not come close to attaining in 6 months. Is this any way to run a solar company?
Jun 22, 2020 // Residential, USA, TESLA, Elon Musk, North America
Redwood Materials Obtains $2 Billion Federal Funds For EV Battery Materials Plant
With the new facility development in Nevada, USA, Redwood Materials will certainly create vital Electric Vehicle Battery Components from recycled products. The center will support production of anode copper foil and cathode active products by recycling end-of-life battery and also manufacturing scrap and remanufacturing that feedstock into vital materials.
Feb 13, 2023 // Storage, lithium, Lithium ion Battery, Redwood Materials, U.S Department of Energy, Cobalt, Nickel, critical EV materials, EV market, recycling battery, Tesla Gigafactory
Vietnamese panel business Dehui Solar introduces 440-W panels in U.S. market
Dehui Solar, a Vietnamese photovoltaic panel supplier, introduced Max and also BiMax Series PV components to the U.S. market at Intersolar North America 2020. The business has actually determined to change its concentrate on the U.S. solar market over the following 3 years, with strategies to target utility-scale purchasers by accepting bifacial modern technology.
Feb 12, 2020 // Manufacturing News, Markets & Finance News, USA, North America, dehui solar, Mofe Stallings, Delaware
US Solar Fund looks for USD 105m from capitalists
US Solar Fund plc (LON: USF) is looking for to increase regarding USD 105 million (EUR 88.2 m) to minimize borrowing costs and also fund a purchase.
Apr 13, 2021 // Markets & Finance News, USA, North America, us solar fund, PV Power Plant, Gill Nott
Programmer indicators module deal for 1GW Las Vegas PV
Maxeon will supply panels for Primergy's project starting in Q2 2022 over four quarters
May 20, 2021 // Plants, Markets & Finance News, USA, North America, Maxeon, Ty Daul, primergy solar
iSun's earnings take a hit because of COVID-19 interruption
Solar contractor iSun's pre-tax revenues dropped further at the beginning of 2021 contrasted to the exact same period last year, while its gross margin took a hit because of project delays prompted by COVID-19.
May 25, 2021 // Markets & Finance News, EPC, UTILITY-SCALE SOLAR, financial results, covid-19, Jeffrey Peck, iSun, peck, solar construction
BlackRock gets risk in US firm Distributed Solar Development
BlackRock Real Assets has actually gotten the remaining 20% risk in Distributed Solar Development (DSD) from GE Renewable Energy.
Nov 11, 2020 // Markets & Finance News, USA, BlackRock, North America, distributed solar development, Erik Schiemann, Martin Torres
US introduces US$ 45m in funding for solar and also integration projects
The US Department of Energy (DOE) will certainly reserve US$ 45 million to develop technology that will enable businesses to bring "big amounts of solar" onto the grid.
Dec 17, 2020 // Markets & Finance News, USA, North America, funding, Dan Brouillette, doe, solar hardware
US community solar to grow 7GW by 2027 as even more states want to expand access
At least 7GW of US community solar is anticipated ahead online in the next 5 years, according to new research study from Wood Mackenzie (WoodMac).
Aug 5, 2022 // Markets & Finance News, USA, New York, Wood Mackenzie, North America, Community Solar, ccsa, coalition for community solar access
Over 25% of U.S. power originated from renewables in initial fifty percent of 2022
Renewable energy resources supplied 25.23% of the country's electric generation capacity in the very first six months of 2022, this according to a SUN DAY Campaign testimonial of data simply launched by the united state Energy Information Administration (EIA).
Aug 26, 2022 // Markets & Finance News, USA, North America, Ken Bossong
China Climate Agent Advises Created States to Back Various Other Countries
Created world must accept 'historical duties: Xie China's top climates agent addresses Bund Summit in Shanghai
Oct 25, 2021 // Markets & Finance News, China, Asia, xi jinping, Xie Zhenhua