Sunrise brief: LG to exit solar module business, close US manufacturing facility
Also on the rise: Polysilicon reaches highest price since 2011. Ingeteam supplied 4.2GW of solar and battery inverters in 2021. WiTricity announces wireless EV charging. Job moves at Silfab Solar, LG Energy Solution, Centrica Business Solutions, and more. Why solar is a good fit for coal country.
LG to close US solar module manufacturing facility
The closing of the Alabama-based facility comes in tandem with the announcement that LG will be folding its solar module business by the end of June.
Polysilicon price reaches $39.3/kg — the highest since 2011
The price of polysilicon last week reached its highest level since 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible signs that it could drop this year, as predicted by several analysts.
Ingeteam supplied 4.2GW of solar and battery inverters in 2021
The company posted a record year despite global supply shortages.
You may be able to wirelessly charge your EV this year
WiTricity unveiled plans for an aftermarket wireless charging station for select electric vehicle models.
Solar support in coal country
In the United States, passage of the Build Back Better Act would extend
the solar Investment Tax Credit and offer other clean energy initiatives
that would boost the renewable energy momentum already underway in Senator Joe Manchin’s home state of West Virginia. This is good news for the state and is resulting in unlikely allies.
Sunrise brief: Missing–Five to ten gigawatts of utility scale solar in 2022
Also on the rise: Equitable access to solar is part of DOE-backed plan. One to six million metric tons of lithium may lie beneath the Salton Sea. Adopting standards for EVs will accelerate the path for these vehicles. Solar tracker manufacturers can expect a boom in the US through 2025. Heliogen plans concentrated solar power manufacturing facility. IBM, ABB, and Worley team up to help energy companies build and operate green hydrogen facilities.
People on the Move: Silfab Solar, LG Energy Solution, Centrica Business Solutions, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Utilities are investing in renewables more than ever before to improve their ESG profiles
Ernst & Young’s 2021 report detailing transactions in power and utilities shows a higher focus on ESG initiatives and renewable deals across the country’s utilities.
Equitable solar access strategies under development by DOE-backed program
Residential and commercial solar equity and inclusion plans will be developed by Solar Energy Innovation Network, which recently selected eight teams dispersed throughout underserved areas the US to develop community-level plans.
