LG Energy Solution and Hyundai announce battery facility in Georgia
The new U.S. manufacturing facility represents an investment of $4.3 billion, and will be located in Bryan County, Georgia, adjacent to Hyundai’s manufacturing facility currently under construction.
Sunrise brief: Solar tariff moratorium remains in place
Also on the rise: Enphase launches IQ Battery 5P residential battery in U.S. and Puerto Rico. Solar energy in New York state covered record 20% of state power demand. And more.
Enphase launches IQ Battery 5P residential battery in U.S., including Puerto Rico
The IQ Battery 5P works in conjunction with the Enphase Energy System and can be configured for self-consumption, savings, or full backup functionality.
Minnesota expands community solar program to allow more LMI customers, projects to 5 MW
Minnesota Governor Tim Walz signed HF 2310 into law, which opens up the state’s community solar program to more residential subscribers, specifically low-to-moderate income (LMI) households, and expands the project sites from 1 MW to 5 MW community gardens.
U.S. Government eyes $9 billion liftoff for long duration energy storage by 2030
The U.S. DOE has published a report outlining the requirements for LDES to achieve technical and financial self-sustainability by the end of decade. An estimated $6 billion to $9 billion dollars in capital investment would be necessary, potentially leading to 6 GW to 10 GW of project deployments.
Solar energy in New York state covered record 20% of state power demand
During the noon hour on May 18, 2023, NYISO reported that consumer and utility-side solar resources generated 3.33 GW of clean energy output, while the behind-the-meter portion of 3.2 GW and utility-operated 130 MW accounted for 20% of the state’s electricity demand.
U.S. House fails to override President’s veto on overturning solar tariff moratorium
The moratorium is intended as a bridge put in place temporarily while the United States rapidly ramps up manufacturing to supply its burgeoning solar industry.
Flexible demand through participation by large customers in wholesale markets
Large industrial users of electricity that could use less electricity at high prices, or more electricity at low prices, could bid prices for their demand in day-ahead wholesale markets to help set market prices, integrate renewables, and lower system costs, according to an ESIG report.
Sunrise brief: First Solar sues Toledo Solar for false and deceptive practices
Also on the rise: Toyota to procure 100 MW of solar from reclaimed Kentucky coal mine site. Strata Clean Energy enters into 1 GWh battery storage tolling agreement with Arizona Public Service. And more.
50 states of solar incentives: New Mexico
Currently ranked 20th in the country for installed solar, the outlook for solar in the state is bright, with SEIA projecting that nearly 4 GW will be added in the next five years, popping the state up to the 12th spot.
