How developers can capitalize on IRA support for community solar financing
The incentives in the Inflation Reduction Act are combining with an evolving distributed generation market and investors’ greater appetite for community solar to drive an uptick in renewable project financing and deployment.
Industry leaders share insights on cost-competitive grid storage
Attacking the duck curve will take a shower of storage solutions including nickel-hydrogen and iron-flow
SunPower Foundation announces new grants to increase clean energy access
To make residential solar a realistic option for low-income consumers, SunPower Foundation announced three new grant programs to fund nonprofit organizations advancing domestic clean energy equity.
LS Energy Solutions to construct large-scale energy storage to serve CAISO market
The 200 MW/400MWh Big Rock project, expected to be online in the second half of 2024, is designed to bring stabililty to the Southern California grid.
Ohm Analytics details a complex distributed solar market
Third-party ownership and California are fueling residential solar growth, as interconnection and the solar coaster are slowing larger projects.
Sunrise brief: Residential solar average payback period is 8.3 years, said EnergySage
Also on the rise: Treasury and IRS propose renewable energy prevailing wage and apprenticeship requirements. Eos Energy aims for 8 GWh of annual energy storage production capacity in the U.S. by 2026. And more.
Solar contributed 45% of electricity generation capacity additions in the first half of 2023
Solar installations are expected to grow 15% per year through 2028, said a report from Wood Mackenzie.
Residential solar average payback period is 8.3 years, said EnergySage
Pricing is beginning to cool slightly, but financing terms have changed from 2.99% to 4.99% for a 25-year loan.
EnerVenue launches new metal-hydrogen battery variant
EnerVenue says the battery’s efficiency ranges from 80% to 90%, depending on the cycle rate, and claims that its energy density per square foot is equal to or even better than lithium-ion batteries.
Treasury and IRS propose renewable energy prevailing wage and apprenticeship requirements
As the renewable energy industry adapts to a new normal, the NOPR outlines a more pragmatic path to compliance than many in the industry had feared based on Treasury’s Initial Guidance.
