New mooring system for offshore, coastal floating solar arrays
The novel mooring solution consists of perimeter pontoons, barriers, clump weights, mooring lines and anchors. Its creators claim it is cheaper in materials and maintenance, as well as more wave-stable, compared to mooring systems using elastic cables.
Sunlight Financial challenged to sell $550 million in residential loans
Following the Federal Reserve’s interest rate hikes, the loan products of the residential solar finance company Sunlight Financial are at risk of being sold for a loss. This has led the firm to question its ability to continue operating.
Nikola bags $58.2 million for hydrogen stations to fuel heavy-duty vehicles
The largest of the grants is $41.9 million from the California Transportation Commission, along with California Department of Transportation, to build six refueling stations for heavy-duty hydrogen fuel cell trucks in Southern California.
Sunrise brief: Maxeon Solar to build 3 GW cell and module plant in Albuquerque
Also on the rise: An alternative to California’s proposed income-based fixed monthly utility bill charge, retired coal plant to be running on 100% hydrogen by 2045 and scientists explore aquatic effects of floating solar.
Maxeon Solar to build 3 GW cell and module plant in Albuquerque
The company will invest $1 billion in the TOPCon manufacturing facility, creating up to 1,800 highly skilled jobs.
EDF places order for up to 7 GW of U.S.-made Canadian Solar modules
Canadian Solar announced that production in its first U.S. factory was set to begin in late June. With a planned output of 20,000 modules per day, it expects annual production capacity to total 5 GW.
Promoting electrification without penalizing efficiency
Economist and rate design expert Ahmad Faruqui offers an alternative to California’s proposed income-based fixed monthly utility bill charge.
Retired coal plant to be running on 100% hydrogen by 2045
Intermountain Power Renewed project in Utah hits significant milestone with delivery of hydrogen-ready turbines.
Scientists explore aquatic effects of floating solar
A group of researchers at Cornell University are exploring ways of preserving land for agriculture and wildlife by placing floating solar panels on lakes, rivers and reservoirs.
Sunrise brief: One of the largest U.S. solar projects secures $779 million financing
Also on the rise: Clearway to procure 2 GW of solar trackers from Nextracker, Boston mayor bans fossil fuel use in municipal buildings and a developer challenges Massachusetts town on solar zoning restrictions.
