Also on the rise: American Battery Factory and Anovion form alliance for supply of synthetic graphite. Underground heat exchanger to cool down solar panels . And more.
ABF and Anovion were recent recipients of federal grant funding from the Department of Energy, which awarded $2.8 billion to advanced materials companies that have begun to source battery material components from new and recycled materials using lithium, graphite and other materials sourced in North America.
Also on the rise: Ford adds 4 MW Convergent energy storage system to Ontario engine assembly operations. ESS sees flow battery demand curve turning upward. And more.
The company plans to add 300 MW of production capacity immediately and targets 1 GW of annual production expansion by 2024.
By investing in factories to build zinc-ion batteries for energy storage, the U.S. can rapidly establish a complete energy storage supply chain.
Also on the rise: Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA. Wood Mackenzie acquired by Veritas Capital. And more.
The North American solar panel assembler added significant capacity to its existing 150 MW operation in Minnesota.
Researchers suggest that from 2008 to 2020, the globalization of solar module manufacturing has saved $67 Billion for U.S., German, and Chinese solar installers, even as it was heavily dominated by China’s investments.
Also on the rise: A globalized supply chain is key to cutting costs in solar module manufacturing. Enphase to open several U.S. manufacturing lines. And more.
The solar inverter provider’s announcement was made amid a Q3 earnings call with record revenues reported.
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