Sunrise brief: Robust demand for transferable tax credits
Also on the rise: Solar wins on cost. Retrofitting batteries increases solar plant revenue 29% to 81%. And more.
Georgia facility to recycle 10 million solar panels per year
Unlike the single use of multi-million-year-old fossil fuels, solar panels can be recycled, recovering much of their materials for future use.
Solid-state batteries enter pilot production, costs expected to drastically drop
The latest findings from Taipei-based intelligence provider TrendForce show that all-solid-state battery production volumes could have GWh levels by 2027. The rapid expansion will lead to cell price declines, reaching CNY 0.6-0.7/Wh ($0,084-$0,098) level by 2035.
Tesla releases Powerwall 3 expansion units
Each expansion unit adds another 13.5 kWh of storage capacity to the original installation with a maximum of three such units connected to a single Powerwall. Now available in the US, the new product comes at a lower cost and slashes installation time by roughly half to 22 minutes.
Seven rural co-ops to add 3 GW of renewables and storage and retire coal units
A Colorado-based generation utility will add renewable capacity and retire coal units, while six other rural electric co-ops plan to add 1.75 GW of clean energy capacity under a federal program designed to lower electricity costs.
Robust demand for transferable tax credits
During pv magazine USA Week, Crux co-founder and CEO, Alfred Johnson shared insights on the accelerating multi-hundred-billion-dollar transferable tax credit market.
Retrofitting batteries increases solar plant revenue 29% to 81%
In areas with high population density or abundant solar energy, adding one to four hours of battery storage to a solar power facility can significantly increase site revenue. However, the added value diminishes with storage capacities exceeding four hours.
Solar wins on cost
On Day One of pv magazine USA Week, a panel of experts explored the levelized cost of energy as well as current challenges to capacity expansion.
Sunrise brief: First Solar misses on Q3 revenue, lowers 2025 guidance
Also on the rise: ESS uses iron flow battery deployments to adapt to new customer requirements. ESIG calls for adopting standards for transmission-connected renewables, storage. And more.
Solar tracker manufacturer Nextracker reports 29% year-on-year growth
The U.S. manufacturer of sun-tracking solar mounts posted $1.35 billion in revenue for the first half of fiscal year 2025.
