United States

The framework includes a 10-year expanded tax credit for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.

The incentive program requires that the batteries be charged by the on-site solar power system in order to fully qualify.

The largest single-quarter drop in three years comes as the American Solar Manufacturers Against Chinese Circumvention propose greater tariffs against Asian-imported modules.

Both projects have long-term PPAs in place with local utilities and are slated to start construction later in 2021.

Energy Vault signed a $520 million deal to supply 1.6 GWh of energy storage to DG Fuels to produce renewable hydrogen and a variety of fuels.

The new rates will help to support the expansion of two of the utility’s prominent solar programs, 30-by-30 and the SolarTogether community solar initiative.

The patents cover shingled solar modules and a process for separating pv strips from solar cells for use in shingled solar modules.

A growing share of residential solar projects now attach energy storage batteries. In part one, we consider the backup power feature of batteries.

The battery, which uses an electrolyte to convert chemical energy into electricity for storage and deployment, will begin testing in 2022 at Duke Energy’s Emerging Technology and Innovation Center in Mount Holly, North Carolina.

Preliminary Q3 revenues were estimated at between $6.2 million and $7.2 million, while gross margin is expected to range from 18-20%.