Ryan Kennedy
PV balance of system provider Shoals opens manufacturing facility, reports Q4 earnings
Shoals manufactures balance of system components for solar, energy storage, and EV charging solutions. The company opened a Tennessee facility and posted record revenues and gross profits in 2021.
Without federal support, US would only reach 39% of carbon-free energy sector by 2035, said Wood Mackenzie
Without important federal measures like the Build Back Better reconciliation bill, the investment tax credit long-term extension, and US manufacturing support, Wood Mackenzie and the Solar Energy Industries Association (SEIA) said the US will fall short of goals.
Industry efforts prevented Florida rooftop solar bill from being potentially disastrous
Though the recently passed House Bill 741 is viewed as a loss for consumer choice and the industry, policy advocates fought for and achieved significant improvements. Palmetto’s Ryan Barnett joined pv magazine to discuss the effort and share how his company will continue to serve solar-ready Floridians.
SMUD signs its largest solar and storage PPA with D.E. Shaw
The Sacramento Municipal Utility District (SMUD) contracted for 200MW of solar, 400MWh storage with the renewable energy producer.
Plans announced for a US lithium-ferro-phosphate battery gigafactory network
American Battery Factory said it is developing a US-based material processing and cell manufacturing network for LFP battery cells.
Anti-rooftop solar net metering bill passes in Florida
House Bill 741 was passed by the Florida Legislature. The rate paid by utilities to rooftop solar owners for excess electricity sent back to the grid is set to be phased down to a fraction of its original rate. It also opens the door for unlimited fixed fees to be levied on solar customers.
NASA’s 1.5 billion-mile Psyche asteroid mission will be solar-powered
NASA will explore a large, metal-rich asteroid with an remote-operated craft powered by two cross-shaped solar arrays.
Solar is nearly 50% of planned utility-scale capacity additions
The Energy Information Administration projected over the next two years 60% of capacity additions will be solar or battery energy storage.
As many as 3,000 Iowa solar customers are on a tax credit waitlist
A new bill in Iowa seeks to credit these waitlisted customers, but does not extend the tax credit that has spurred $5 million a year in private investment in the state.
SolaREIT closes $100 million securitization
The solar real estate investment fund, which leases solar sites from landowners, closed the deal with Nuveen.
