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2023

LS Energy Solutions to construct large-scale energy storage to serve CAISO market

The 200 MW/400MWh Big Rock project, expected to be online in the second half of 2024, is designed to bring stabililty to the Southern California grid.

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Ohm Analytics details a complex distributed solar market

Third-party ownership and California are fueling residential solar growth, as interconnection and the solar coaster are slowing larger projects.

Sunrise brief: Residential solar average payback period is 8.3 years, said EnergySage 

Also on the rise: Treasury and IRS propose renewable energy prevailing wage and apprenticeship requirements. Eos Energy aims for 8 GWh of annual energy storage production capacity in the U.S. by 2026. And more.

Solar contributed 45% of electricity generation capacity additions in the first half of 2023

Solar installations are expected to grow 15% per year through 2028, said a report from Wood Mackenzie.

Residential solar average payback period is 8.3 years, said EnergySage

Pricing is beginning to cool slightly, but financing terms have changed from 2.99% to 4.99% for a 25-year loan.

EnerVenue launches new metal-hydrogen battery variant

EnerVenue says the battery’s efficiency ranges from 80% to 90%, depending on the cycle rate, and claims that its energy density per square foot is equal to or even better than lithium-ion batteries.

Treasury and IRS propose renewable energy prevailing wage and apprenticeship requirements

As the renewable energy industry adapts to a new normal, the NOPR outlines a more pragmatic path to compliance than many in the industry had feared based on Treasury’s Initial Guidance.

Eos Energy aims for 8 GWh of annual energy storage production capacity in the U.S. by 2026

The company’s zinc halide storage systems are specifically designed for long-duration energy storage, including utility-scale as well as microgrid applications.

Meteomatics expands work with energy companies in U.S.

Meteomatics recently established U.S. operations in Exton, Pennsylvania, is making its technology and data available to U.S.-based companies to help improve energy management, navigate stressors on the power grid, minimize risks, and optimize earnings.

Sunrise brief: Qcells to enter into $3 billion supply agreement for U.S.-made polysilicon 

Also on the rise: Carrier launches new series of high-temperature heat pumps. Ampt introduces 70 kW output solar string optimizer. And more.

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