Markets & Policy

Through the first nine months of 2023, $28.9 billion of venture capital, public market, and debt financing was injected into solar, said a report from Mercom Capital Group.

Redwood Materials purchases hybrid and electric vehicle lithium-ion or nickel-metal hydride battery packs to process and reintroduce anode and cathode materials into the domestic market.  

Six years after petitioning the U.S. government for tariffs to make its products more competitive, U.S.-based Suniva has revealed plans to commence 1 GW of cell manufacturing by spring 2024, followed by an additional 2.5 GW expansion.

China’s Bslbatt says its new batteries feature individual battery modules with voltages of 102.4 V and a capacity of 52 Ah. They can be stacked in series with two to seven battery modules.

Payment cuts to rooftop solar generation exports were in violation of state law, said the appeal.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that areas across Mexico and Southern Texas saw reduced cloud, leading to 120-130% of average September irradiance.

The hubs are collectively expected to produce three million metric tons of hydrogen each year; however, some stakeholders shared their skepticism.

Also on the rise: Solar cell prices are expected to hit fresh record lows following China’s Golden Week. Aqua Metals, 6K plan first circular supply chain for lithium batteries in the U.S. And more.

Also on the rise: Solar PV LCOE expected to slide to $0.021/kWh by 2050, DNV says. Vermont utility announces emissions-free “zero outages” initiative. And more.

In a renewables transition report card from the Sierra Club, only six utilities earned a grade of A, while 29 received an F. “Utilities are failing,” said the group’s executive director, “to protect our health and our collective future.”