The fintech company will now focus exclusively on its solar business, which has quickly become its best-performing product since launching in 2021.
Also on the rise: Hanwha Solutions to expand solar cell and module manufacturing in the United States and Korea. The pv magazine tour of solar incentives stops in Vermont, home to aggressive renewable energy mandates and a one of the nation’s most forward-thinking utilities. IKEA to offer SunPower residential solar and energy storage. Electric vehicles are cheaper than gas-powered, depending on the state and incentives.
Secretary of Commerce Gina Raimondo indicated that antidumping investigations similar to the Auxin case in the past resulted in 10% to 12% tariffs, but Federal Register records show many large Chinese solar companies have paid higher rates than that. In 2017 to 2018, for example, rates for Trina Solar were 92.5%, Risen Energy 100.79%, Canadian Solar 95.5%, Jinko Solar 95.5%.
Owning an electric vehicle can save drivers thousands of dollars per year, with $6,000 average savings over the vehicle’s lifetime, but the savings is dependent on rebates, state fees, and the cost of gas and electricity.
The partnership is set to launch in California this fall.
Hanwha announces an investment of $320M in cell and module manufacturing capacity expansions to meet the growing global demand for sustainable energy.
The pv magazine tour of solar incentives takes us to Vermont, home to aggressive renewable energy mandates and a one of the nation’s most forward-thinking utilities.
Also on the rise: Georgia solar association calls for Georgia Power to add 4 GW of near-term solar. No end to solar supply/demand imbalance. The latest job moves at NYSERDA, PosiGen, Cypress Creek Renewables, and m. ore. UL releases modeling software for utility scale energy storage. Schneider Electric to acquire AutoGrid, developer of AI for distributed energy resources.
Solar project will lower energy costs and improve energy efficiency for the Upper Midwest’s largest fuel producer.
The software, called HOMER Front, is designed for standalone or hybrid solar or wind-plus-storage applications, aimed at maximizing revenue streams.
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