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.
Assessing solar asset operational risks
A report from kWh Analytics shares new data on mitigating solar asset operational losses.
Texas gas station to save on costs with solar installation
A Shell gas station is expected to save over $150,000 from a solar array installed on the roof of its pumping station.
New York invests $5 million in agrivoltaics
The Empire State seeks “active farming,” such as cattle grazing, cannabis, corn, foraging, or specialty crops, on solar power sites. Offers up to $750,000 per site for demonstration projects that share data publicly.
People on the move: 3E, Pure Power Engineering, Crux, CMBlu, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Sunrise brief: Utility-scale solar far less costly than the cheapest fossil fuel source
Also on the rise: Five Puerto Rico reservoirs could host 596 MW of floating solar. Weather-related damage to solar assets exceed modeling expectations by 300%. And more.
