Vortex Energy, University of Alberta partner on hydrogen energy storage project
The hydrogen storage project is expected to last two years, and comprise four research phases.
Sunrise brief: Annual U.S. clean energy investment grows 37%
Also on the rise: Plus Power raises $1.8 billion to advance construction of five energy storage facilities. Solar power purchase agreement prices rise 21% year over year. And more.
Annual U.S. clean energy investment grows 37%
Investment grew year-over-year as it reached $213 billion, including $39 billion of investment clean energy manufacturing, according to a report from MIT and Rhodium Group.
Solar power purchase agreement prices rise 21% year over year
PPA prices are increasing due to rising costs, said a report by LevelTen Energy.
Canada’s largest behind-the-meter solar project
Construction has begun on two solar projects in Alberta, one of which will include a flow battery energy storage system.
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.
