The Internal Revenue Service (IRS) has released its final guidelines for the direct pay and credit transfer market created by the Inflation Reduction Act.
From July 2023 through summer 2024, battery cell pricing is expected to plummet by over 60% (and potentially more) due to a surge in EV adoption and grid expansion in China and the U.S.
Only weeks after Chinese battery and car manufacturers united as part of a government-led initiative to commercialize solid-state battery technology, South Korea’s Samsung SDI has confirmed its readiness to start mass production of its all-solid-state battery technology with an energy density of 900 Wh/L.
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity.
Also on the rise: Aurora Solar adds EagleView aircraft imagery to rooftop design platform. Molson Coors brews beer with solar power. And more.
The Inflation Reduction Act of 2022 set aside record-level funding for climate and energy, supporting this critical decade of energy transition.
The platform covers 94% of the U.S. population with imagery as much as 70 times more detailed than standard satellite energy.
With solar panel prices tumbling, project developers will need to be vigilant about quality. Comprehensive product testing could be a vital safeguard as PV manufacturers struggle to retain their margins, according to Everoze’s Martin Laing and Gauthier Dambrine.
Printed flexible solar cell technology developed by Australia’s national science agency has been successfully launched into space as part of billionaire Elon Musk’s Space X’s Transporter-10 mission.
The 300 MW solar installation, developed by Invenergy, is the largest in the state and generates enough electricity to power the equivalent of 90,000 homes.
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