Ohio

Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.

The largest corporate backing of distributed solar in the United States, in partnership with EDP Renewables, will be funded in part through Google’s purchase of renewable energy credits called the ImpactREC.

The developer ordered 4 GW of U.S.-made thin-film solar panels, adding to the 4.3 GW ordered in 2021.

The rooftop solar system paves the way for the Ohio dealership to go 75% sustainable energy in the coming years with on-site power generation.

Duke’s five-year capital plan of $65 billion is focused on energy transition investments, which it says is a considerable increase over previous budgets, while its current budget removes almost $3 billion of capital it would have invested into the utility solar and distributed generation business.

Also on the rise: Linton Crystal to move PV equipment manufacturing back to the U.S. EV battery has 50% more energy density than traditional lithium-ion, 10-minute charge. And more.

Solar currently provides less than 1% of Ohio’s electrical needs. That is expected to change, however, as nearly 8.8 GW of mostly utility-scale solar is expected to be installed over the next five years, making Ohio one of the top five solar states in the country.

Also on the rise: World’s largest used EV battery power facility in California. Enel adds 2 GW of North America renewable capacity in 2022. And more.

An Ohio water station will enhance its ability to deliver safe and clean water during extended grid outages.

Also on the rise: Bipartisan group files to repeal solar tariff moratorium. Town recoups $2.3 million in back taxes with solar on a landfill. And more.