Solar project and finance updates: Texas, New Mexico and eastern U.S.
OCI Energy closes a utility-scale solar project sale, National Renewable Solutions activates a project in New Mexico, and SolAmerica Energy closes on a revolving credit facility for distributed solar in the eastern U.S.
USDA announces it will discontinue funding solar projects
The U.S. Department of Agriculture has awarded billions in Rural Energy for America Program (REAP) grants for solar projects. Secretary Brook Rollins said the agency will no longer deploy funds to solar and wind projects.
With EV industry idling in Michigan, Motor City clings to auto dreams
Michigan is the birthplace of the American auto, home to the US car industry since the early 20th century. With automotive manufacturing in other parts of the world sprinting forward, the US auto industry is idling, flickering between go and stop like a drained battery. Can electric vehicles (EVs) drive a new renaissance for the industry?
Carrier launches new air-to-water heat pumps for commercial applications
Carrier, a U.S.-based heating solutions provider, said its new AquaSnap 30RQM heat pump system can deliver a water temperature of up to 60 C. The modular system features a heating capacity of 70 kW to 1,125 kW and a cooling capacity of 77 kW to 1,237 kW.
SolMicrogrid to buy near-complete C&I solar, microgrid projects
The company’s energy-as-a-service partner program will provide discounted renewable energy rates to the customer while offering developers a quick cash sale for their projects nearing completion.
Global EV charging ports to grow 12% annually through 2040, says Wood Mackenzie
EV charging ports are forecast to grow to over 206 million ports deployed by 2040, reaching a $300 billion market, said the report.
Treasury issues guidance for solar, wind ‘start of construction’ tax credit rules
The rules for safe harboring clean energy tax credits are “not as bad as rumored” but uncertainty remains on qualification requirements.
A playbook for defending solar access
Fight for your solar rights with this advocacy toolkit from Solar United Neighbors, which contains scripts, action steps, training videos, links to advocacy meetings, to name a few.
In case you missed it: Six big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
People on the move: FERC, Northern Sun Energy, Streetleaf
Job moves in solar, storage, cleantech, utilities and energy transition finance.
