Sunrise brief: IRA to drive $114 billion in U.S. renewable energy investments by 2031
Also on the rise: Is NEM 3.0 based on flawed modeling? Virginia governor kills Ford-CATL battery plant, calling it a “front for the Chinese Communist Party”. And more.
IRA to drive $114 billion in U.S. renewable energy investments by 2031, report says
The advanced manufacturing production (AMPC) credit and domestic content requirement (DCR) are key to spurring a more rapid U.S. renewable energy economy, Wood Mackenzie notes.
Virginia governor kills Ford-CATL battery plant, calling it a “front for the Chinese Communist Party”
In recent weeks Glenn Youngkin nixed a Virginia Ford facility after he was informed that companies had decided to invest.
U.S. Patent Trial and Appeal Board rules in favor of Q Cells in patent dispute with REC
The Board issued a favorable decision for Hanwha Q Cells over REC Solar’s patent claims. The court has ruled that the contested claims of REC’s U.S. patent were not patentable. The decision is similar to those in courts in China and Europe, according to Q Cells.
Sunrise brief: Crafting a California community solar market
Also on the rise: Department of Defense maintains strong commitment to renewable energy. Longroad Energy begins construction of its largest solar-plus-storage project. And more.
Coram Energy to deploy 646 MWh ABC batteries in southern California
Coram Energy, a historic developer of the Tehachapi Wind farms, will deploy 646 MWh of batteries in its two first southern California storage projects.
Longi plans new 100 GW wafer plant, 50 GW solar cell factory in China
Longi Solar said it will invest approximately $6.6 billion in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.
Inside the $455 billion U.S. investment in electric vehicles
The United States private sector makes up for nearly a quarter of the $860 billion in global EV investment announcements through 2030. Funding opportunities via legislation more than double that figure.
U.S. startup unveils portable solid-state lithium-ion battery for residential use
California-based Yoshino Technology has developed portable batteries using solid-state Li-NCM cell technology. The four variants come with power outputs of 330 W, 660 W, 2,000 W, and 4,000 W.
Sunrise brief: Nextracker to go public
Also on the rise: LG Energy Solution partners with Hanwha Group on U.S. battery development. Demand shifts from fossil fuels to renewables. And more.
