Freyr Battery abandons plans for Georgia battery factory
Freyr was motivated to build the factory based on the strength of the U.S. renewable energy and electric vehicle industries, coupled with the tax incentives associated with the Inflation Reduction Act. It would have been a $2.6 billion investment, creating 720 jobs.
Sunrise brief: Maine community solar portfolio receives $118.2 million in financing
Also on the rise: Moss Landing fire leads to emergency regulations. Trump administration pulls the plug on funding electric vehicle charging networks. And more.
U.S.-made First Solar modules available through new partnership
Distributor Guided Path Solar offers First Solar modules made in Ohio facilities. The modules contain 100% domestic content and are expected to qualify for the Inflation Reduction Act’s domestic content bonus.
Trump administration pulls the plug on funding electric vehicle charging networks
Federal Transportation Department sent a letter to states saying it was suspending approval of spending plans for the National Electric Vehicle Infrastructure program.
Moss Landing fire leads to emergency regulations
Following the Moss Landing fire in Monterey County, local Californian counties are enacting regulation for battery energy storage systems (BESS).
China adds export restrictions for minerals used in thin-film solar
Restriction on cadmium telluride exports is expected to increase costs for U.S.-based thin-film solar manufacturer First Solar.
Carrier launches new air-source heat pumps for commercial applications
Carrier, a heating solutions provider, said its new AquaSnap 61AQ heat pump system can deliver high-temperature heating up to 167 F at outdoor temperatures as low as -13 F. The new product is available with capacities ranging from 40 kW to 140 kW.
Sunrise brief: Federal pause to solar permitting and wetland approvals
Also on the rise: Indigenized Energy completes Solar for All projects. U.S. energy storage market thrives despite political and market uncertainty. And more.
Commercial solar provider Altus Power acquired for $2.2 billion
TPG acquired the business through its Rise Climate investment platform. Upon approval, the company will transition from a publicly-traded business to a privately-held one.
Startup EPC brings deep experience to U.S. solar and battery energy storage development
The team of solar veterans behind Aquila Energy intend to focus on deploying new and repowering aging clean energy sites by collaborating on engineering, supply chain management and construction across each solar and battery energy storage project.
