Tesla announces Megapack stationary battery factory, eyes 2.3 TWh production in master plan
Tesla’s announced second Megafactory will be located in Shanghai and come online by 2024, increasing the company’s annual global Megapack manufacturing capacity to 83 GWh/year. At this rate, and according to Tesla master plan, only 55 more Megafactories are needed in order to achieve 100% clean energy globally.
Canadian Solar rebrands global development business as Recurrent Energy
Recurrent Energy was previously the company’s North American developer, whereas it will now encompass its Global Energy segment.
Sunrise brief: Summit Ridge Energy procures 1.2 GW of U.S.-made Qcells panels
Also on the rise: The Marigny Opera House in New Orleans goes solar, Tesla releases 3 TW solar master plan, New York City energy justice, and more.
Summit Ridge Energy procures 1.2 GW of U.S.-made Qcells panels
The order marks the largest domestic community solar purchase of solar panels in U.S. history and includes 20 MWh of Qcells Geli energy storage systems
Renewables to represent 69% of U.S. capacity additions through mid-century
The Energy Information Administration said the Inflation Reduction Act may lead to a cumulative 1.4 TW of solar by 2050.
RFP alert: Dominion Energy Virginia seeks solar, wind and storage projects
Dominion seeks proposals for utility-scale solar projects greater than 3 MW that are located in Virginia, distributed projects of up to 3 MW, and encourages projects on previously developed sites such as former landfills and brownfields.
RE+ Texas: Optimism for renewables in oil country
Despite facing an uphill battle in the Texas legislature, industry experts at RE+ Texas see great opportunities in building a reliable, resilient grid.
USDA’s $9.7 billion for rural co-ops could leverage 20 GW of clean energy
The nonprofit RMI says that $9.7 billion for rural electric cooperatives under the Inflation Reduction Act could leverage 20 GW of solar, wind and storage capacity. The U.S. Department of Agriculture hopes to begin obligating funds by September.
Optimizing energy storage for performance and ROI
Now that energy storage technologies are eligible for the investment tax credit, the central storage question is no longer whether to deploy it, but how much and how fast.
Co-location, transferability and prevailing wages
At the SEIA Finance, Tax and Buyers Seminar, Deloitte Tax discussed five potential pitfalls when interpreting and applying the IRA in these early days of its implementation.
