FlexGen’s acquisition of Powin marks a major shake-up in the US battery storage industry, as market leaders face financial pressure, policy uncertainty, and shifting supply chain dynamics. Meanwhile, long-duration storage player ESS Inc. fights for survival amid early signs of commercial traction.
The Energy Information Administration said developers plan to add 21 GW of solar in the second half of 2025 alone.
U.S. project developers face a shrinking timeline as federal investment and production tax credits are set to end early, and new import restrictions target Chinese components.
The company says it places a focus on fewer delays, lower costs, and transparency.
EIA data shows that since 2003, U.S. fossil fuel plants have retired more capacity than they’ve been built. That trend is slowing, and early signs suggest it could reverse.
When members of the nation’s largest grid operator PJM vote on matters affecting the speed of PJM’s interconnection studies and other issues, utilities in New Jersey and Maryland must now report on how they voted.
Political uncertainty and new trade tariffs have been cited by Mercom Capital Group as dampening activity.
The OBBBA kills many of the provisions in the U.S. Inflation Reduction Act that were most impactful for the energy storage industry, and while no one is fully sure what comes next, many are bracing for turbulence, as Phoebe Skok reports.
OCI Energy closes a utility-scale solar project sale, National Renewable Solutions activates a project in New Mexico, and SolAmerica Energy closes on a revolving credit facility for distributed solar in the eastern U.S.
Third Pillar was given exclusive access to develop a potential 500 MW of floating solar in water reservoirs in Texas.
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