Also on the rise: Californians across party lines voice support for solar, distrust of utilities. A look at next generation battery cells. And more.
The battery industry is experiencing a seismic shift with advancements in prismatic cell technology, led by companies like Cornex, which promise to reshape energy storage solutions.
The U.S.-based long duration energy storage startup has raised more than $1.2 billion to date, making it one of the top-funded players in the space.
Also on the rise: Kimberly-Clark Corp. signs $230 million+ tax credit transfer deal with Schneider Electric. BLM seeks comment on two large-scale solar projects. And more.
Also on the rise: A look at Tim Walz’ clean energy record as governor of Minnesota. Completing Western transmission lines would enable 73 GW of renewables and storage. And more.
The company’s proprietary technology is enabling traditional lead-acid battery makers to offer what the company says are safe, sustainable and substantially higher-powered nickel-zinc batteries.
With the solar industry divided on whether to restrict 45X tax incentives for Chinese companies and from other “foreign entities of interest,” groups express concern that legislators didn’t act on a recent bill.
Also on the rise: Google invests in 800 MW solar project in Illinois. PV systems can now support grid as fossil fuels decline. And more.
The company will open a 24 GW annual production facility, creating over 1,000 jobs.
The announcement of Tesla’s battery factory in Shanghai marked the company’s entry into the Chinese market. Amy Zhang, analyst at InfoLink Consulting, looks at what this move could bring for the US battery storage maker and the broader Chinese market.
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