Carolina utility chasing waterfalls, costing consumers billions
A Brattle Group study finds that arbitrary caps on solar power will increase electricity costs by billions through 2035, including $900 million in 2030, and $800 million in 2032 alone – while the utility is putting trust behind non-existent nuclear reactors.
93% of utility-scale batteries that came online in 2021 were paired with solar power generation
EIA Annual Electric Generator Report finds that the greatest change in battery use is for price arbitrage.
Sunrise brief: Solar investment tax credit to be extended 10 years at 30%, per Inflation Reduction Act
Also on the rise: As Texans are asked to cut energy use amidst a heat wave, solar and batteries step up. Intersect Power places order for 2.4 GW of First Solar modules. And more.
As Texans are asked to cut energy use amidst a heat wave, solar and batteries step up
The Texas grid is having energy supply issues as heat waves cause energy demand to spike. Rooftop solar and energy storage offer relief for homeowners and the grid at large.
Intersect Power places order for 2.4 GW of First Solar modules
A long-time customer of First Solar’s, Intersect Power is expected to be one of the largest buyers and operators of First Solar technology by 2027.
Borrego spin off, ECP, rebrands as New Leaf Energy
Solar and energy storage development business to operate as New Leaf Energy, an independent arm of ECP focused on distributed generation and utility-scale projects in the US.
Sunrise brief: Democrats reach $370 billion energy and climate deal in reconciliation bill
Also on the rise: White House announces solar initiatives to reduce electricity bills, create clean energy jobs. Solar powered lawn mowing. And more.
Universal Solar to open 600 MW solar module factory in Panama
The US module provider said the panels produced at the facility will be 100% compliant with the US Commerce Department’s Withhold and Release Order on Hoshine silicon.
White House announces solar initiatives to reduce electricity bills, create clean energy jobs
The Biden-Harris administration launches low-income energy assistance program and funding to support careers in solar energy in underserved areas.
LG Energy Solution plans to boost revenue through joint ventures, batteries, smart manufacturing
In the Q2 earnings call, LG reported a drop in revenue from Q2 2021 but aims to achieve double-digit profit margin in five years.
