Texas manufacturer signs onto three-party power purchase agreement
A 2.6 MW solar project in Seguin, Texas will supply about 13% of electricity needs of Vitesco Technologies, an automotive supplier.
A look at the great transformer shortage affecting U.S. utilities
An NREL team finds that lead times for transformers has grown fourfold in three years, with orders sometimes taking two years. Additionally price increases of four to nine times have been reported in the past 3 years.
First Solar unit achieves world record CIGS solar efficiency of 23.64%
The new solar cell achieved a maximum power conversion efficiency of 23.75% and a certified efficiency of 23.64%, thus beating the previous world record of 23.35% achieved in 2019 by Japan’s Solar Frontier. The result was confirmed by the Fraunhofer ISE.
Bloom Energy teams up with Shell to look at large-scale hydrogen projects
The companies are aiming to develop large-scale solid oxide electrolyzer systems to generate hydrogen for use by Shell.
Sunrise brief: California community solar market lies in limbo
Also on the rise: Solar now accounts for over 50% of new electricity capacity added to the U.S. grid. IRS final rules for clean energy tax credit direct pay and transferability. And more.
Proposed New York bill doubles residential solar tax credit to $10,000
The income tax credit is currently capped at $5,000. A proposed bill would double the cap and add provisions to enable low- to moderate-income residents to receive a refund payment.
People on the move: Mission Solar Energy, Navisun, Birch Creek Energy, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
California community solar market lies in limbo
The California Public Utilities Commission issued a proposed decision that the Net Value Billing Tariff conflicts with federal law, leaving to question the future of the potentially burgeoning community solar market.
IRS releases final rules for clean energy tax credit direct pay and transferability
The Internal Revenue Service (IRS) has released its final guidelines for the direct pay and credit transfer market created by the Inflation Reduction Act.
Battery prices collapsing, grid-tied energy storage expanding
From July 2023 through summer 2024, battery cell pricing is expected to plummet by over 60% (and potentially more) due to a surge in EV adoption and grid expansion in China and the U.S.
