As of January 31, 2023, there are more than 90 new manufacturing facilities and renewable energy projects developed in rural towns and large cities, representing an aggregate of $89.5 billion of new investments into the clean energy market, according to a Climate Power report.
Also on the rise: Linton Crystal to move PV equipment manufacturing back to the U.S. EV battery has 50% more energy density than traditional lithium-ion, 10-minute charge. And more.
A $32 million series B fund will support the buildout of a novel silicon anode electric vehicle battery.
As the U.S. Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
Linton said its initial investment of $10M will be used to add a new facility, establish a demonstration line, and build 1 to 2 gigawatts of production capacity, all by the end of year one.
Solar currently provides less than 1% of Ohio’s electrical needs. That is expected to change, however, as nearly 8.8 GW of mostly utility-scale solar is expected to be installed over the next five years, making Ohio one of the top five solar states in the country.
Also on the rise: Rapidly growing U.S. microgrid market achieves 10 GW in 2022. ERCOT advanced 15 GW of solar in 2022, moving 5x faster than other RTOs/ISOs. And more.
U.S. solar tracker supplier Array Technologies plans to set up a factory in Australia, after winning a contract to supply trackers for a 102 MW solar farm in the Australian state of Victoria.
Also on the rise: 13 European PV equipment makers pitch their machines to U.S. PV manufacturers. EV batteries alone could satisfy short-term grid storage demand. And more.
A $1 to $1.5 billion U.S. market opportunity awaits PV equipment manufacturers through 2030, said a McKinsey consultant, at a Washington D.C. event that brought together potential equipment buyers and sellers.
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