Tesla’s electric vehicle (EV) sales are plummeting, but its energy storage business is surging, with more than 4 GWh deployed in the first quarter of 2024 alone.
Also on the rise: Solar equipment distributor announces business close, inventory clearance. Solving the challenges of a growing EV industry. And more.
The U.S. Department of Energy announced funding for 17 battery recycling projects and also announces the launch of Battery Workforce Initiative to train tomorrow’s workers.
Also on the rise: Burns & McDonnell completes 764 MW solar portfolio in Wisconsin, evaluating the profitability of vanadium flow batteries, and more.
Also on the rise: IRENA says world needs 1.1 TW of renewables per year, what’s in store for energy storage, and more.
Also on the rise: Tesla’s power play, New York announces clean hydrogen funds, solar wafer market oversupply, and more.
Also on the rise: Maryland community solar install to take just nine weeks. Debunking solar myth about land use. And more.
Also on the rise: Group challenges anti-renewables messaging of 50-state policy network. Longroad Energy installing U.S.-made First Solar modules in Arizona solar-plus-storage plant. And more.
Australian researchers have found that if 10% of vehicles are electric and utilize V2G connections, they could reduce peak electricity demand at local substations by 6% and save car owners hundreds of dollars per year on charging costs.
Also on the rise: California has become rooftop solar and batteries NEM-esis. Renewable energy merger and acquisition opportunities for 2024. And more.
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