Trends in U.S. grid-scale energy storage
The IRA’s investment tax credit for energy storage along with increased utility adoption are critical drivers in the growth of energy storage; however, challenges remain in the build-out of the manufacturing of storage needed to support the U.S. goal of getting to net zero.
Sunrise brief: CubicPV announces $1 billion long-term silicon supply agreement
Also on the rise: 38% solar growth pushing wind-solar dynamic duo past coal in 2024. Next generation winning legal battles against fossil fuel policy. And more.
CubicPV announces $1 billion long-term silicon supply agreement
OCIM, a South Korean polysilicon manufacturer, will supply CubicPV with U.S.-compliant silicon for development of solar wafers.
Sunrise brief: Guidance released for 45x clean energy manufacturing tax credits
Also on the rise: Record-breaking Q3 for U.S. energy storage deployment. Form Energy awarded $30 million for 100-hour iron-air battery project in California. And more.
Guidance released for 45x clean energy manufacturing tax credits
The IRS has released guidelines for attaining the lucrative manufacturing credits contained within the Inflation Reduction Act.
Sunrise brief: Enphase launches three-phase inverter for commercial market
Also on the rise: SMA to build 3.5 GW inverter factory in U.S. Residential air source heat pump for cold climates. And more.
SMA to build 3.5 GW inverter factory in U.S.
SMA Solar Technology AG says it will open a new 3.5 GW inverter factory at an unspecified location in the United States in 2025. The German manufacturer is currently talking with several U.S. states and potential partners to select the best production site.
Gates-backed Fourth Power pilots thermal storage based on TPV cells
Fourth Power, backed by Bill Gates’ venture firm, has developed high-density thermal energy storage based on thermophotovoltaic cells. The tech, which is reportedly 10 times cheaper than lithium-ion batteries, is based on the U.S. company’s patented liquid metal heat transfer system.
Sunrise brief: Carbon capture hubs could present solution for industrial emitters
Also on the rise: ASICS doubles the solar on Mississippi distribution center. The states of Nevada and Arkansas stand center stage in the development of lithium projects. And more.
Elevating U.S. energy security & reshaping domestic supply chains
Amidst the changing currents of U.S. energy policy and supply chain reform, the states of Nevada and Arkansas stand center stage in the development of lithium projects.
