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Plus Power raises $1.8 billion to advance construction of five energy storage facilities

The transactions will support construction of BESS facilities in the Salt River Project in Arizona as well as in the ERCOT market in Texas.

Solar panel waste is not a significant problem

Solar panel waste will not be a problem because there is so little of it. However, there is a short-term problem in some places because panel deployment is growing fast and recycling is playing catch up.

Sunrise brief: Suniva announces IRA-driven manufacturing, undermining the value of solar tariffs 

Also on the rise: DOE announces $7 billion to kick off seven regional clean hydrogen hubs. Historic agreement accelerates large-scale solar development while minimizing land use impact. And more.

Global solar industry corporate funding grows 55% year-over-year

Through the first nine months of 2023, $28.9 billion of venture capital, public market, and debt financing was injected into solar, said a report from Mercom Capital Group.

Redwood Materials debuts a digital pricing tool to streamline electric vehicle battery recycling

Redwood Materials purchases hybrid and electric vehicle lithium-ion or nickel-metal hydride battery packs to process and reintroduce anode and cathode materials into the domestic market.  

Solar power generation soars in Mexico, southwestern U.S.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that areas across Mexico and Southern Texas saw reduced cloud, leading to 120-130% of average September irradiance.

DOE announces $7 billion to kick off seven regional clean hydrogen hubs 

The hubs are collectively expected to produce three million metric tons of hydrogen each year; however, some stakeholders shared their skepticism.

Sunrise brief: 3Sun to offer Oklahoma-built modules by 2025, perovskites possible by 2027 

Also on the rise: Solar cell prices are expected to hit fresh record lows following China’s Golden Week. Aqua Metals, 6K plan first circular supply chain for lithium batteries in the U.S. And more.

Sunrise brief: FERC Commissioner Allison Clements describes the path forward for renewables 

Also on the rise: Solar PV LCOE expected to slide to $0.021/kWh by 2050, DNV says. Vermont utility announces emissions-free “zero outages” initiative. And more.

Fossil-intensive utilities plan to add 115 GW solar, 53 GW gas by 2030

In a renewables transition report card from the Sierra Club, only six utilities earned a grade of A, while 29 received an F. “Utilities are failing,” said the group’s executive director, “to protect our health and our collective future.”

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