Solar project updates in California, Texas, Arkansas, Tennessee
pv magazine USA provides solar project updates along the U.S. energy transition. Projects range from 3 MW to 240 MW and include high profile offtakers like Meta (Facebook).
Duke Energy reports Q4 loss, pending job cuts
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.
Sunrise brief: IRA to drive $114 billion in U.S. renewable energy investments by 2031
Also on the rise: Is NEM 3.0 based on flawed modeling? Virginia governor kills Ford-CATL battery plant, calling it a “front for the Chinese Communist Party”. And more.
Southern Environmental Law Center calls for new TVA board to pause TVA’s gas plans
With six new TVA board members appointed by President Biden, the board should pause TVA’s plans to add gas generation, the group says, and direct the utility to evaluate cleaner and lower-cost alternatives.
Sunrise brief: Researchers develop solar-powered waste-to-fuel system
Also on the rise: Community solar on New Jersey self-storage facility benefits low-income residents. Solar4America begins module production at California factory with wafer plans announced. And more.
Tennessee manufacturer to power operations with 526 kW rooftop solar array
Solar Alliance completed the design, engineering, and installation. Plus, REAP grants help rural small businesses save on solar.
Solar Energy Loan Fund surpasses $30 million of residential loans
The non-profit green bank has sourced credit to clientele of which 74% are low-to-moderate income homeowners.
Silicon Ranch brings in $600 million of new equity investments
The Southeast-focused solar developer is on track to cap a $1 billion full-year equity raise with a $225 million round over the next quarter.
North American EV battery production forecast to reach 1 TWh annually by 2030
Rust Belt states of the Midwest have estimated production capacity of 30 GW to over 100 GW per year of EV batteries, with California and Ontario adding capacity as well.
U.S. Senate confirms six Biden appointees to TVA board
With the new appointments, Biden appointees constitute the majority of the TVA board of directors. Key decisions on TVA’s generating mix are in the works.
