LG Energy Solution sees record profit in Q4
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.
Wisconsin solar developer looks to expand to Chicago
SunVest expects to double its 2025 pipeline to 3 GW from its current 1.5 GW threshold, with an expectation of 215 MW of operating assets by year end 2023.
Retired coal sites to host multi-day iron-air batteries
Two renewable energy storing 10 MW / 1,000 MWh batteries will be installed by Form Energy on former Xcel Energy coal fired plants.
Microsoft to purchase 2.5 GW of Qcells solar
Qcells will provide US-made solar modules and perform engineering, procurement, and construction for Microsoft’s solar projects.
Storage center adds 1 MW of new solar capacity
The new rooftop arrays will bring storage center operator Extra Space’s cumulative renewable energy portfolio to 15 MW of installed capacity.
Enlight Renewable Energy to go public on Nasdaq exchange
Enlight is a renewable energy developer based in Israel that has an active operational portfolio and development pipeline of 17 GW solar and wind farms plus 15.3 GWh of storage in nine countries, including 17 U.S. states.
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.
RFP alert: East Bay Municipal Utility District seeks turnkey solar canopy structures
Two canopy structures are needed, both of which will have PV systems connected to new PG&E service under California Net Metering 2.0.
FREYR Battery signs 10 GWh plus battery agreement
The non-binding agreement with Impact Clean Power covers batteries produced through 2030 and may be worth $1.8 billion.
