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Markets & Policy

Anker Solix launches C1000 Gen 2, billed as the world’s fastest charging power station

The new portable power station can output a max of 2000 W with a 1024Wh capacity, and charge to full in 49 minutes.

FlexGen completes Powin acquisition, expands its battery fleet to more than 25 GWh

FlexGen’s acquisition of Powin marks a major shake-up in the US battery storage industry, as market leaders face financial pressure, policy uncertainty, and shifting supply chain dynamics. Meanwhile, long-duration storage player ESS Inc. fights for survival amid early signs of commercial traction.

Solar tax credit cliff tightens project deadlines

U.S. project developers face a shrinking timeline as federal investment and production tax credits are set to end early, and new import restrictions target Chinese components.

Energy storage finance fell 41%, year-to-June, despite rebound in project deals

Political uncertainty and new trade tariffs have been cited by Mercom Capital Group as dampening activity.

Turbulent times for U.S. energy storage

The OBBBA kills many of the provisions in the U.S. Inflation Reduction Act that were most impactful for the energy storage industry, and while no one is fully sure what comes next, many are bracing for turbulence, as Phoebe Skok reports.

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.

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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.

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