Recurrent Energy secures $500 million equity investment to further solar development
The BlackRock investment will help Recurrent transition from a pure developer to a developer plus long-term owner and operator in select markets in the U.S. and Europe.
U.S.-made optimizers to maximize manufacturing tax credits
Solar optimizer manufacturer, Enteligent, is transitioning its production facilities to the United States in a strategic move aimed at enabling inverter manufacturers to fully capitalize on the Inflation Reduction Act’s (IRA) $0.11/W transferable tax credit.
Johnson Controls unveils water-to-water screw heat pump
Johnson Controls says its new screw heat pump is able to deliver high-temperature hot water as high as 176 F. The system reportedly has a combined coefficient of performance of 4.1.
Solar and storage accounts for one-third of transferable tax credit market in 2023
Crux, a marketplace for transferable tax credits, released a survey of 150 tax credit participants, estimating that $7 billion to $9 billion in total transferable tax credit transactions occurred in 2023, with the market expected to about triple in 2024.
Sunrise brief: SolarEdge announces reduction of global workforce
Also on the rise: Peloton’s loss is First Solar’s gain. Vertical solar mount first of kind to achieve UL certification. And more.
IRA creates 100,000 clean energy jobs and attracts $110 billion in private investments
The Inflation Reduction Act of 2022 is ushering in a new decade of U.S. clean energy manufacturing and installation.
Vertical solar mount first of kind to achieve UL certification
Sunstall developed a vertical PV system that enables energy production in space-limited areas. It is the first of its kind to achieve UL certification for the U.S. market.
Electriq Power to launch 10 new solar-plus-storage networks in SoCal
The company’s PoweredUp Network program offers qualifying homeowners solar-plus-battery storage systems at zero upfront costs.
Concerns over $77 billion in DOE funds for mostly “blue” hydrogen
Groups raised concerns regarding federally funded hydrogen hubs over emissions, safety, lack of community input and wasted funds, on a Clean Energy Group webinar.
Peloton’s loss is First Solar’s gain
The behemoth facility that Peloton intended to use to make fitness equipment will soon become a distribution center for First Solar’s U.S.-made thin film solar modules.
