LG Energy Solution sees record profit in Q4
One of the leading global battery manufacturers, LG Energy Solution, announced an increase of 43% in revenue and nearly 60% in operating profit as it seeks to expand in North America.
Bipartisan group files to repeal solar tariff moratorium
The tariff reaches as high as 250% of the cost of solar components shipped from four Southeast Asian countries responsible for 80% of the supply of solar in the US.
Town recoups $2.3 million in back taxes with solar on a landfill
CEP Renewables installs nearly 60,000 solar panels on former municipal landfill, transitioning previously unusable land into revenue-generating, clean energy asset.
Thin, lightweight coating protects perovskite solar in space
An ultrathin coating protects a perovskite solar cell from the harmful effects of space and hardens it against environmental factors on Earth, according to a study by researchers at National Renewable Energy Laboratory (NREL).
Sunrise brief: Minnesota voting on 100% clean electricity, 10% solar by 2030
Also on the rise: Retired coal sites to host multi-day iron-air batteries. Wyoming 900 MW pumped storage project moves toward licensing. And more.
Wisconsin solar developer looks to expand to Chicago
SunVest expects to double its 2025 pipeline to 3 GW from its current 1.5 GW threshold, with an expectation of 215 MW of operating assets by year end 2023.
US renewable PPA price hikes cool off as material costs fall
An Edison Energy report shows prices increased more moderately (4%) in Q4 2022, as compared to the steep price hikes experienced since 2021.
Minnesota voting on 100% clean electricity today
The state’s new legislative body, now fully Democratic, is quickly moving bill HB7 through the legislature. The House is scheduled to vote on the bill today.
Cabot to invest in component for manufacturing lithium-ion batteries
The company plans to invest approximately $200 million in U.S. conductive carbon additives over the next five years, with plans to add 15,000 metric tons of capacity in Texas to meet needs of electric vehicle lithium-ion battery applications.
Wyoming 900 MW pumped storage project moves toward licensing
Developer rPlus Hydro submits application for a final license to Federal Energy Regulatory Commission for Seminoe project, a milestone reached only a few pumped storage projects in the last 20 years.
