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.
Enteligent’s time-of-generation EV charging technology allows real-time charging from solar, resulting in what the company says is up to 25% in energy savings, versus traditional DC to AC configurations.
Also on the rise: In 2022 pv magazine USA website traffic up 83%, reflecting dynamic solar industry. GM announces $650 million production plan with Lithium Americas. And more.
The two will set up a mining operation at the largest known lithium source in the United States. The deal marks the largest investment by an automaker in raw materials for batteries.
One of the leading global battery manufacturers, LG Energy Solution, announced an increase of 43% in revenue and nearly 60% in operating profit as it seeks to expand in North America.
The tariff reaches as high as 250% of the cost of solar components shipped from four Southeast Asian countries responsible for 80% of the supply of solar in the US.
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