Sunrise brief: California pulls the plug on rooftop solar
Also on the rise: Is Auxin going to sue to overturn the pause on solar tariffs? Solar wafer production coming to America.. And more.
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.
Sunrise brief: New Mexico to require smart inverters
Also on the rise: First Solar joins Enphase and SolarEdge on the S&P 500 Index. A solar-powered camper boat. And more.
NanoGraf to produce advanced battery materials in facility near Chicago
New headquarters will help onshore advanced silicon anode materials for U.S. battery supply chain.
American Battery Factory to build Tucson, Arizona battery cell gigafactory
The battery Gigafactory will bring 300 initial full-time jobs, scaling up to 1,000 cumulative jobs over time.
Tigo Energy to go public via Roth Capital, Craig-Hallum SPAC platform
The 15-year old solar inverter and electronics company will have a $600 million pre-money equity valuation when it goes public by Q2, 2023.
KORE Power raises capital from Siemens and Quanta for 6 GWh Arizona gigafactory
With initial output anticipated in late 2024, production at the KOREPlex gigafactory in Arizona is expected to double to 12 GWh of lithium-ion battery cells produced to meet expected market demand in energy storage and electric mobility applications.
Powin partners with SMA America for 2 GW supply agreement
Powin is expected to install battery systems over the next few years with SMA’s power inverters and other solutions.
Brick and iron heat battery for zero-carbon industrial processes
Bill Gates-backed Rondo Energy released the “brick toaster” heat battery, a unit that stores renewable energy and dispatches heat and electricity for processes in steel, cement, chemical manufacturing, and more.
Off-grid solar plus storage EV ARC systems to be deployed by Puerto Rico government agencies
Puerto Rico’s power grid requires more than $130 billion in repairs after recent hurricanes. Solar and storage companies have provided distributed energy solutions in the aftermath of increasing storms.
