Also on the rise: Under new ownership, a Norwegian module maker could add 1 GW of U.S. capacity; Sunrun add $1 billion to a finance facility; and a natural gas-friendly renewable energy bill passes in North Carolina.
The move comes as Reliance pushes forward with its $10 billion plan to expand in the renewable energy industry.
The bill’s long-term commitments reduced oversight for Duke Energy outweigh the renewable capacity increases and coal retirements it promises, according to those against it.
The non-recourse lending facility serves as a warehouse facility to temporarily finance solar assets prior to arranging long term financings.
The collaboration will focus on pairing and integrating renewable power with Electric Hydrogen’s electrolysis system.
The 1 MW installation is set to provide power to up to 1,000 customers, with more projects planned for Wisconsin and Iowa.
Also on the rise: Using AI to detect faults in residential solar systems, Georgia Power gets an OK for a BESS, and China’s power woes are affecting U.S. solar markets.
The company is investing $36 million into a facility to manufacture crystalline silicon and thin film modules, creating around 500 jobs.
Also on the rise: Sunnova will market solar plus storage in Home Depot stores, and we take a look at top factors to consider in deciding whether to buy or lease your home solar panels.
The company said it will market solar and storage services through Home Depot stores in Florida, Virginia, Maryland, and locally in Reno, Nevada.
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