Also on the rise: Duke Energy to cut jobs following Q4 loss. $2 billion loan for battery material gigafactory. And more.
Duke’s five-year capital plan of $65 billion is focused on energy transition investments, which it says is a considerable increase over previous budgets, while its current budget removes almost $3 billion of capital it would have invested into the utility solar and distributed generation business.
The Smart Electric Power Alliance survey reports utilities’ progress on actions that can support the deployment of solar, wind and storage.
Also on the rise: SnapNrack introduces solar mount that attaches to modulee bfore roof. IRA spurs 101K clean energy jobs in first six months. And more.
The deployment of a vanadium flow battery at a fire station run by Native Americans illustrates the role that the energy storage technology can play in ensuring that nobody is disadvantaged by the shift away from fossil fuels.
As of January 31, 2023, there are more than 90 new manufacturing facilities and renewable energy projects developed in rural towns and large cities, representing an aggregate of $89.5 billion of new investments into the clean energy market, according to a Climate Power report.
Tracker company Nevados supply Ampliform’s near-term project pipeline of 700 MW as well as its longer-term pipeline of 2 GW of projects under development.
Also on the rise: Linton Crystal to move PV equipment manufacturing back to the U.S. EV battery has 50% more energy density than traditional lithium-ion, 10-minute charge. And more.
As the U.S. Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
The Illinois projects provide benefits to income-qualified and energy transition communities and will deliver enough clean energy to power about 1,200 homes, providing customers a combined projected savings of $12 million over 20 years.
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