Sunrise brief: California pulls the plug on rooftop solar 


California pulls the plug on rooftop solar  The Public Utilities Commission approved Net Energy Metering 3.0, slashing payments for sending rooftop solar production to the grid. New rooftop solar projects are now considered uneconomical without an attached battery.

Ultium Cells closes on $2.5 billion DOE loan for three U.S. battery manufacturing plants  The battery cell manufacturing company is a joint venture of LG Energy Solution and General Motors.

Meta procures 720 MW of solar for southeast data centers from Silicon Ranch  Silicon Ranch will build, own, operate and maintain seven solar facilities, bringing significant investment to rural communities throughout the region.

CubicPV plans 10 GW of conventional silicon wafer production  With $26M in new funding, CubicPV announces plans to manufacture silicon wafers in the United States, filling a critical gap in the U.S. solar supply chain.

U.S. grid-scale and residential energy storage hit installation records in Q3  Wood Mackenzie said 96% of grid-scale deployments occurred in Texas and California.

McDonald’s logistics group signs virtual PPA for renewable energy from Texas solar-plus-storage project  The 189 MW/ 88.2 MWh solar-plus-storage facility is the equivalent to the energy use of more than 900 U.S. McDonald’s restaurants.

Speculation on lawsuit against Biden’s two year tariff pause  ROTH Capital suggests that Auxin might be readying a set of lawsuits seeking to overturn Biden’s two year suspension of tariffs against circumventing solar companies.

Deep retrofits and building emission laws offer new opportunities for solar in NYC  An ambitious New York City law on building emissions and an innovative NYSERDA program for deep retrofits offer new opportunities for solar on the pathway to deep decarbonization in the Big Apple.

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