In the United States, passage of the Build Back Better Act would extend
the solar Investment Tax Credit and offer other clean energy initiatives
that would boost the renewable energy momentum already underway in Senator Joe Manchin’s home state of West Virginia. This is good news for the state and is resulting in unlikely allies.
The Korean manufacturer said its solar module business will be closed by the end of June. It blamed uncertainties in the global solar industry for its decision.
Also on the rise: Equitable access to solar is part of DOE-backed plan. One to six million metric tons of lithium may lie beneath the Salton Sea. Adopting standards for EVs will accelerate the path for these vehicles. Solar tracker manufacturers can expect a boom in the US through 2025. Heliogen plans concentrated solar power manufacturing facility. IBM, ABB, and Worley team up to help energy companies build and operate green hydrogen facilities.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The collaboration aims to offer a digitally enabled solution for facility owners to build green hydrogen assets more quickly, cheaply, and safely.
Ernst & Young’s 2021 report detailing transactions in power and utilities shows a higher focus on ESG initiatives and renewable deals across the country’s utilities.
Residential and commercial solar equity and inclusion plans will be developed by Solar Energy Innovation Network, which recently selected eight teams dispersed throughout underserved areas the US to develop community-level plans.
ROTH Capital Partners sees a possibility of 5-10GW of utility-scale solar power facility developers finding it challenging to procure – cost effective or otherwise – solar panels for their projects, with some pushing off construction until Tier 1 products are available for purchase.
Data company IHS Markit expects almost nine out of ten big solar projects in the Americas over the next three years to be tracker mounted. More than a terrawatt of new solar will be added from this year to the end of 2025, the analyst predicted.
Also on the rise: LONGi modules detained under Hoshine WRO released. IBC solar cells shows efficiency potential of over 29%. SPI to begin manufacturing in former Sunergy plant. Is accelerated interconnection possible? Build Back Better now or later.
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