Also on the rise: Duke Energy to cut jobs following Q4 loss. $2 billion loan for battery material gigafactory. And more.
The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually.
The two will set up a mining operation at the largest known lithium source in the United States. The deal marks the largest investment by an automaker in raw materials for batteries.
The Consumer Electronics Show 2023 Las Vegas featured several new battery banks to portably store and deliver solar generation.
The Schneider Home platform’s five components include a smartphone app to help monitor and allocate energy resources.
The utility-scale solar developer of the Gemini solar project in Nevada and other major projects announced Rabobank closed a revolving credit facility.
The Reno, Nevada company has a pilot production line under construction and expects mass production and battery pack integration for solid-state batteries to be on track for 2023 to 2024.
In 2022, as supply chain challenges persisted, utility solar projects in development grew in size and energy storage is connected to half of them.
Also on the rise: Nevada’s largest utility to deploy 440 MWh battery energy storage system. Stellantis signs second largest corporate PPA on record for 400 MW of solar. And more.
Construction of the Energy Vault BESS will begin Q2 2023 and expected to be operational by the end of year.
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