Annual U.S. clean energy investment grows 37%
Investment grew year-over-year as it reached $213 billion, including $39 billion of investment clean energy manufacturing, according to a report from MIT and Rhodium Group.
C3E Awards 2023 recognizes leading women in clean energy
By raising the visibility of role models for women in clean energy, the C3E Initiative is helping to attract more women to the field. Read about this year’s winners of the C3E Awards.
Solar power purchase agreement prices rise 21% year over year
PPA prices are increasing due to rising costs, said a report by LevelTen Energy.
Canada’s largest behind-the-meter solar project
Construction has begun on two solar projects in Alberta, one of which will include a flow battery energy storage system.
MIT scientists develop concentrated solar power system to produce hydrogen
Massachusetts Institute of Technology (MIT) scientists have developed a train-like concentrated solar power (CSP) system for hydrogen production, with plans to build a prototype in the coming year. They say that this innovative system can capture up to 40% of the sun’s heat to produce environmentally friendly hydrogen fuel.
Plus Power raises $1.8 billion to advance construction of five energy storage facilities
The transactions will support construction of BESS facilities in the Salt River Project in Arizona as well as in the ERCOT market in Texas.
New opportunities for 4-hour-plus energy storage
Energy storage with more than four hours of duration could assume a key role in integrating renewable energy into the U.S. power grid on the back of a potential shift to net winter demand peaks, says the National Renewable Energy Laboratory (NREL).
Solar panel waste is not a significant problem
Solar panel waste will not be a problem because there is so little of it. However, there is a short-term problem in some places because panel deployment is growing fast and recycling is playing catch up.
Sunrise brief: Suniva announces IRA-driven manufacturing, undermining the value of solar tariffs
Also on the rise: DOE announces $7 billion to kick off seven regional clean hydrogen hubs. Historic agreement accelerates large-scale solar development while minimizing land use impact. And more.
Global solar industry corporate funding grows 55% year-over-year
Through the first nine months of 2023, $28.9 billion of venture capital, public market, and debt financing was injected into solar, said a report from Mercom Capital Group.
