Also on the rise: Linton Crystal to move PV equipment manufacturing back to the U.S. EV battery has 50% more energy density than traditional lithium-ion, 10-minute charge. And more.
More than $60 billion in private investments in clean energy have been announced since the landmark Inflation Reduction Act was passed in August. The Act includes $370 billion in climate and energy spending.
As the U.S. Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
Linton said its initial investment of $10M will be used to add a new facility, establish a demonstration line, and build 1 to 2 gigawatts of production capacity, all by the end of year one.
Solar currently provides less than 1% of Ohio’s electrical needs. That is expected to change, however, as nearly 8.8 GW of mostly utility-scale solar is expected to be installed over the next five years, making Ohio one of the top five solar states in the country.
U.S. solar market to add 29.1 GW and storage to add 9.4 GW of new capacity in 2023, according to the U.S. Energy Information Administration. If that new capacity comes online as planned, 2023 will have the most new utility solar capacity added in one year, more than doubling the current record of 13.4 GW from 2021.
Also on the rise: Minnesota senate passes 100% clean energy standard. Annual investment in low-carbon energy transition exceeds $1 trillion. And more.
The first clean energy standard passed in the nation this year, the Minnesota bill mandates a transition to 100% carbon-free energy by 2040.
A popular five-year $62 million program in North Carolina to boost rooftop solar has ended, while a large customer renewable power contract program has been expanded to 4 GW.
Colorado residents and solar installers have accused utility Xcel Energy for having “no urgency” in installing meters and approving interconnection.
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