Markets & Policy

Also on the rise: Duke Energy to cut jobs following Q4 loss. $2 billion loan for battery material gigafactory. And more.

The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually.

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.

Budderfly, a Connecticut energy-as-a-service company, is reviewing new solar offerings with Ryders Health, Sonic and Subway restaurants.

The TopSpeed solar mount begins installation on the ground, limiting time spent on the roof.

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.