Sunrise brief: Solar represents over 80% of U.S. electric capacity additions in 2024
Also on the rise: Hawaii’s largest solar-plus-storage facility now operational. Swift Solar closes $27 million in funding, plans perovskite solar factory. And more.
Swift Solar closes $27 million in funding, plans perovskite solar factory
Swift Solar, a specialist in perovskite tandem photovoltaics, plans to build a factory in the U.S. in the next two to three years to manufacture thin-film solar.
Maxeon reveals minimized risk of hotspots in IBC solar panels
Maxeon’s Interdigitated Back Contact (IBC) solar panels were found to disperse heat evenly, leading to lower operating temperatures in the shade and reduced degradation.
Solar represents over 80% of U.S. electric capacity additions in 2024
Combined with wind, the two technologies represent 99% of all capacity additions, according to data from the Federal Energy Regulatory Commission (FERC).
Hawaii’s largest solar-plus-storage facility now operational
The 60 MW Kūihelani solar-plus-storage facility will generate enough electricity for 27,000 homes, with a 240 MWh battery energy storage system.
Bitech Technologies sells 2.4 GW of solar to focus on energy storage
Bitech completed the sale of 2.425 GW of its greenfield solar projects to “a third party purchaser”. The company plans to turn its focus to its battery storage business, which it believes, could ensure better investment returns.
CATL, Gotion deny U.S. accusations of forced labor
U.S. lawmakers have urged for Chinese battery heavyweights CATL and Gotion High-Tech to be immediately added to an import ban list under the Uyghur Forced Labor Prevention Act. Both manufacturers have adamantly denied the allegations.
Startup Giraffe Financial aims to unravel tax credit complexities for businesses
Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits.
Sunrise brief: New York invests $5 million in agrivoltaics
Also on the rise: Solar module prices increase for first time in years. Texas gas station saves with solar. And more.
Solar module prices increase for first time in years, Anza reports
Using its own database of price quotes, the Anza Q2 Pricing Insights Report highlights the first price increase in years as a result of AD/CVD petition and the reinstatement of bifacial import duties.
