Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production
Also on the rise: All I want for Christmas is one terawatt of solar deployed annually. 75% of California solar companies are high risk, more bankruptcy on the way. And more.
Insurer: 75% of California rooftop solar companies are high risk, more bankruptcy on the way
Solar Insure told pv magazine USA the financial stability of rooftop solar companies operating in California is in question. Despite this, California reaffirmed recent anti-solar decisions in a recent appeals court hearing.
Clean hydrogen production credit rules announced
Treasury and IRS released proposed 45V guidance on credit for hydrogen production, which may be available to some facilities into the 2040s.
Who’s on top of the residential solar-plus-storage market?
Wood Mackenzie’s new leaderboard ranks battery manufacturers and solar-plus-storage installers. Recent findings show that three companies have held 80% of the market since 2018, but that tide is turning as new providers enter the growing market.
Trends in U.S. grid-scale energy storage
The IRA’s investment tax credit for energy storage along with increased utility adoption are critical drivers in the growth of energy storage; however, challenges remain in the build-out of the manufacturing of storage needed to support the U.S. goal of getting to net zero.
‘Not a very special year’: Canada solar expert mulls 2022 slump
Last year Canada switched on its largest utility-scale PV array, the 465 MWac Travers Solar Project, which buoyed solar figures to 4.4 GW, according to the International Renewable Energy Agency (IRENA). But a PV expert warns a six-month pause on renewable energy projects in Alberta this year could slow the whole country’s momentum.
Sunrise brief: Unprecedented solar and storage growth on horizon
Also on the rise: Nova Scotia’s largest utility-scale solar facility is complete. Adapture Renewables acquires 450 MW solar portfolio in MISO region. And more.
Unprecedented solar and storage growth on horizon with record installations and investments
The Inflation Reduction Act and Bipartisan Infrastructure Law mark an epochal shift in the landscape of clean energy policy, heralding a new era for the solar and energy storage sectors in the U.S.
Sunrise brief: Guidance released for 45x clean energy manufacturing tax credits
Also on the rise: Record-breaking Q3 for U.S. energy storage deployment. Form Energy awarded $30 million for 100-hour iron-air battery project in California. And more.
Record-breaking Q3 for U.S. energy storage deployment
Wood Mackenzie/ACP report estimates that grid scale energy storage deployment increased by 37% quarter on quarter.
