Sunrise brief: First Solar commissions 1.3 million square-foot R&D facility
Also on the rise: North American solar power purchase agreements rise 3% in Q2 Intersect Power closes $837 million in financing for three Tesla battery systems in Texas. And more.
Intersect Power closes $837 million in financing for three battery systems in Texas
Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration.
First Solar commissions 1.3 million square-foot R&D facility
The Jim Nolan Center for Solar Innovation in Lake Township, Ohio includes a high-tech pilot manufacturing line allowing for the production of full-sized prototypes of thin film and tandem PV modules.
Solar corporate funding drops to $16.6 billion in H1
High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty.
Sunrise brief: U.S. residential solar down 20% in 2024
Also on the rise: $1B in financing for 400 MW/1600 MWh solar-plus-storage project. Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries. And more.
Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries
The company plans to deliver its first systems in 2025 and open a full-scale production facility in 2027.
Utah developer rPlus secures $1B in financing for 400 MW/1600 MWh solar-plus-storage project
The Green River Energy Center will supply power for PacifiCorp.
U.S. residential solar down 20% in 2024
A webinar hosted by Roth Capital Partners looked at the health of the residential solar market and forecasts for next year.
Grid operator PJM to start talks on regional transmission
The nation’s largest grid operator told renewables trade groups that it will launch a transmission planning process ordered by the Federal Energy Regulatory Commission.
50 states of solar policy moves, Q2 2024
Q2 2024 saw 44 states plus the District of Columbia and Puerto Rico take a total of 182 distributed solar policy actions.
