The world’s largest solar panel manufacturer is coming to Ohio
Longi Solar is combining forces with solar developer Invenergy to build a 5 GW/year solar module manufacturing facility in Pataskala, Ohio.
BREAKING: Silicon Valley Bank financed 62% of community solar
Silicon Valley Bank, one of the nation’s largest, was closed by the FDIC on Thursday night after $42 billion in withdrawals occurred after a massive stock drop due to ongoing losses in the bond market.
Volatile electricity markets should give solar financial modelers pause
While electricity pricing continues to rise due to natural gas pricing in 2022, some locations are starting to see pricing fall, implying that base electricity pricing and escalators in financial models may be out of touch with reality.
All-in on the future: Meyer Burger shifting to 100% glass-glass bifacial
The Swiss solar module manufacturer stated they will transition all of its manufacturing away from plastic.
Lasers, gloves, trees, and more on the floor at RE+ Northeast
A growing solar power gathering in the New England winter filled the rooms at the Westin Seaport convention center, demonstrating a strong demand for networking and knowledge.
Solar produced 4.7% of U.S. electricity in 2022, generation up 25%
Wind generation broke through 10% of the nation’s electricity, and total emissions free generation grew again, reaching 37.8% of U.S. electricity in 2022.
U.S. Solar developers take on module manufacturing risk
Multiple deals signed over the last six months have shown solar panel manufacturers using long- term solar module supply agreements with developers to drive factory finance.
Energy storage funding up 55%, 28 companies acquired in 2022
Mercom Capital’s annual M&A report shows that energy storage, along with smart grid and energy efficiency, is getting significantly increased investment attention.
Court rules that inverter sizing guides grid connection
U.S. Court of Appeals rules that an 80 MWac/160 MWdc solar farm, with 50 MW of battery, meets Qualifying Facility status – 80 MWac or less – under PURPA.
IRS releases guidance on low-income solar tax credit booster
According to IRS guidance, 1.8 GW of solar is eligible for 40% and 50% tax credits via the IRA, with the Low-Income Communities Bonus Credit Program.
