Sunrise brief: J.P. Morgan and Capital One provide $260 million tax equity financing for solar project
Also on the rise: SolarEdge unveils inverters for smaller solar projects. Runergy Alabama partners with Solarcycle to supply glass and recycle modules. And more.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
California installs 10 GW of utility-scale batteries
CAISO set a new peak battery discharge record of 8.3 GW on October 9, as the state’s future EIA energy storage queue holds 177 GW of capacity, with 1.9 GW expected added through the end of the year.
Bipartisan initiative to accelerate deployment of distributed energy resources in U.S.
Pew Charitable Trusts intends to develop a roadmap to help policymakers increase DERs and microgrids that bring equitable energy resources to communities.
Enabling distributed battery owners in every state to earn compensation
To help states launch programs to compensate owners of distributed batteries for providing energy at peak times, Solar United Neighbors has developed model legislative language. Under one approach, the owner of a 5 kW battery could earn $1,100 per year.
Sunrise brief: Ashtrom Group enters U.S. solar market with 300 MW utility-scale project
Also on the rise: Energy storage is a solved problem. Infinity sends fuel cell to NASA for lunar testing. And more.
Sunrise brief: Solar companies unite in Helene disaster relief in North Carolina
Also on the rise: A high-renewables grid with faster transmission buildout can save $270 billion or more. What to expect in a residential solar loan. And more.
SEIA: IRA tax changes will leave energy storage in the cold
The Solar Energy Industries Association (SEIA) says a low-income tax credit “adder,” which is part of the Inflation Reduction Act’s (IRA) Investment Tax Credit (ITC), will be replaced by a regime that does not apply to energy storage systems.
Solar companies unite in Helene disaster relief in North Carolina
Greentech Renewables Raleigh, Footprint Project, Land of Sky Regional Council of Governments, and the NC Sustainable Energy Association are partnering on bringing solar and battery microgrids to Western North Carolina.
Sunrise brief: Preliminary decision announced on U.S. solar cell imports
Also on the rise: U.S. market solar panel prices increase from April lows. Storing solar power through aluminum-rock composite. And more.
