From July 2023 through summer 2024, battery cell pricing is expected to plummet by over 60% (and potentially more) due to a surge in EV adoption and grid expansion in China and the U.S.
Only weeks after Chinese battery and car manufacturers united as part of a government-led initiative to commercialize solid-state battery technology, South Korea’s Samsung SDI has confirmed its readiness to start mass production of its all-solid-state battery technology with an energy density of 900 Wh/L.
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity.
The Inflation Reduction Act of 2022 set aside record-level funding for climate and energy, supporting this critical decade of energy transition.
The platform covers 94% of the U.S. population with imagery as much as 70 times more detailed than standard satellite energy.
The 300 MW solar installation, developed by Invenergy, is the largest in the state and generates enough electricity to power the equivalent of 90,000 homes.
Also on the rise: Amazon helps Duke Energy complete power flow studies in hours, not months. Canadian Solar to supply Texas-made TOPCon modules to Sol Systems. And more.
Solar projects totaling 16.6 GW won $3.58/kW per month in the 2027-28 NE-ISO capacity auction.
Adding residential solar or commercial-scale electric vehicle chargers on a utility’s distribution feeder may require the utility to conduct power flow calculations. Duke Energy can now complete those studies in hours, an Amazon executive said at a policy forum held by ACORE.
Also on the rise: Module prices steady as market mulls price hikes. Baltimore Gas and Electric installs battery storage system to manage winter peaks. And more.
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