Additional guidance released for energy communities IRA tax credits
The Treasury, Department of Energy and Internal Revenue Service provide details on the Qualifying Advanced Energy Project Credit program that makes available $10 billion in tax credits for energy communities.
Nickel-zinc battery systems paired with hydrogen, EV charging
ZincFive is supplying its battery systems into a hydrogen fueling microgrid and a pilot DC fast charging station project of Advanced Power & Energy in Greenville, Pennsylvania.
Sunrise brief: California targets over 400% growth in clean energy by 2045
Also on the rise: New standard for ultra-low carbon solar modules released. Terrain-following tracker with a pneumatic twist. And more.
People on the move: Sunrun, GameChange Solar, Sonnen and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Global battery market forecast to grow 186% by 2025
CEA’s Energy Storage System (ESS) Supplier Market Intelligence Program (SMIP) offers a biannual market report about the leading global lithium-ion battery cell manufacturers and energy storage system integrators.
U.S. clean energy market deployed 25.5 GW in 2022, third largest year on record
American Clean Power reported that 2022 had a 15% slowdown in installations, largely represented in the utility solar market, which had 13 GW fewer deployments in the year.
Sunrise brief: Solar tariff moratorium remains in place
Also on the rise: Enphase launches IQ Battery 5P residential battery in U.S. and Puerto Rico. Solar energy in New York state covered record 20% of state power demand. And more.
Enphase launches IQ Battery 5P residential battery in U.S., including Puerto Rico
The IQ Battery 5P works in conjunction with the Enphase Energy System and can be configured for self-consumption, savings, or full backup functionality.
U.S. Government eyes $9 billion liftoff for long duration energy storage by 2030
The U.S. DOE has published a report outlining the requirements for LDES to achieve technical and financial self-sustainability by the end of decade. An estimated $6 billion to $9 billion dollars in capital investment would be necessary, potentially leading to 6 GW to 10 GW of project deployments.
Flexible demand through participation by large customers in wholesale markets
Large industrial users of electricity that could use less electricity at high prices, or more electricity at low prices, could bid prices for their demand in day-ahead wholesale markets to help set market prices, integrate renewables, and lower system costs, according to an ESIG report.
