Meta (Facebook) signed on as offtaker for a 195 MW solar project in Texas, further establishing it as a top corporate purchaser of renewable energy. Its total solar procurement is approaching 4 GW.
The company plans to invest approximately $200 million in U.S. conductive carbon additives over the next five years, with plans to add 15,000 metric tons of capacity in Texas to meet needs of electric vehicle lithium-ion battery applications.
The financing with ten commercial banks is funding a vast multi-year pipeline of 35 GW solar and storage assets.
Liability exemptions seek to reduce uncertainty, and fears of potential financial liability for renewable energy developers allowing for expedited siting on contaminated sites across the United States.
Also on the rise: U.S. startup unveils portable solid-state lithium-ion battery for residential use. Inside the $455 billion U.S. investment in electric vehicles. And more.
Foundation Communities, Spear Commercial & Industrial, and Trina Solar US partner to bring equitable renewable energy project to life.
Also on the rise: Renewable energy commercialization center to be built next to NREL. GameChange Solar launches 1P-2Row Genius Tracker. And more.
The facility, which is expected to begin construction this month, ranks within the top ten largest solar projects in the United States.
Also on the rise: JA solar to manufacture modules in Arizona. A stop in Texas on the pv magazine 50 states of solar incentives series. And more.
Texas is a cornerstone market for the U.S. solar industry, with a nation-leading 36 GW expected to be installed over the next five years.
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