American Battery Factory and Anovion form alliance for supply of synthetic graphite
ABF and Anovion were recent recipients of federal grant funding from the Department of Energy, which awarded $2.8 billion to advanced materials companies that have begun to source battery material components from new and recycled materials using lithium, graphite and other materials sourced in North America.
Sunrise brief: New York needs 20 GW of new renewables by 2030, plus transmission, says grid operator
Also on the rise: Inside the renewable energy Production Tax Credit (PTC). 50 states of solar incentives: Georgia. And more.
New York needs 20 GW of new renewables by 2030, plus transmission, says grid operator
Even adding 9.5 GW of renewables will increase transmission congestion, said NYISO, in a report that also called for development and commercialization of dispatchable emission-free resources.
Sunrise brief: Aptera’s solar car to use Maxeon solar cells
Also on the rise: Solar panels spotted at RE+. U.S. Steel Corporation site to be powered by 312 MW Arkansas solar project. And more.
Electrovaya to build lithium-ion battery gigafactory in New York
The U.S. facility adds to its existing two Canadian facilities and will produce its proprietary high-performance lithium-ion cells and batteries.
Standard Solar and Scout Clean Energy acquired by Brookfield Renewable
Brookfield to invest up to $2 billion in the two renewable energy powerhouses, bringing its development portfolio to 60 GW.
Community bank tax equity financing backs 11.6 MW solar portfolio
Funding for Renewable Properties’ community solar portfolio provided by KeyState Renewable’s SOLCAP solar tax equity fund.
Zinc8 to manufacture its first zinc-air batteries in the U.S.
Canadian battery developer Zinc8 Energy Solutions announced its plans to begin battery production in the United States incentivized by manufacturing production credits within the Inflation Reduction Act.
Sunrise brief: The floodgates open for the U.S. solar industry
Also on the rise: California to ban gas-powered car sales by 2035. Production tax credit or investment tax credit? And more.
Amp Energy closes $155 million in financing for solar-plus-storage portfolio
A 61 MW community solar portfolio is financed by KeyBank leading the construction and term debt and U.S. Bank investing in the tax equity of the portfolio.
