People on the move: Peak Energy, American Clean Power, Palmetto and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Indiana utility favors managed EV charging once 5% of customers have EV chargers
Utility AES Indiana and software provider Camus said in a study that the utility can best reduce costs by preparing now to launch managed EV charging by early 2029, when it projects 5% of its customers will have installed EV chargers.
Clean hydrogen set for commercial liftoff by 2030
Department of Energy report says planned project capacity increased 26% in 2024.
Sunrise brief: Trump orders pause to IRA funding
Also on the rise: Palmetto secures $1.2 billion for residential solar financing. BLM seeks public input for Idaho renewable energy and storage projects on 3,800 acres. And more.
For marginalized communities in Chicago, partnership brings solar opportunity
The pre-apprenticeship program targets residents in areas that have historically been excluded from economic opportunities or have been subject to disproportionate burdens of pollution.
U.S. corporate funding for solar energy falls 24% in 2024
Solar venture capital, mergers and acquisitions, and debt financing funding totaled $26.3 billion in 2024, according to report from Mercom Capital.
Trump orders pause to IRA funding
An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022”.
Exus secures $312 million for solar-plus-storage project in New Mexico
Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico.
S&P Global: Annual battery cell production passes 10 billion, lower prices to stimulate demand
While oversupply remains a feature of the lithium-ion battery production landscape, large production volumes are accelerating innovation and enhancing energy storage competitiveness. S&P Global analysis reveals that balance is likely to return to the global market in the coming years as stationary energy storage and EV adoption continues to accelerate.
Section 179D energy efficiency tax deduction tools updated
The DOE has launched a web portal to enable faster tax deduction calculations for energy efficiency upgrades that drive 25% savings in lighting, HVAC, water heating, and building envelopes (but not solar).
