The energy storage company’s investment will add 10 GW to its domestic manufacturing capacity.
A new report by Dartmouth and Princeton University found that solar and wind project developers stand to reap significant cost savings by using U.S.-manufactured components and paying workers fair wages, thanks to investments tied to the Inflation Reduction Act.
We need a domestic content standard that would draw distinctions between panels made entirely here and those with imported components.
Company expects to recognize about 25% of its full year guidance in the first half of 2023 and 75% in the second half, based on the advanced manufacturing production tax credit (45X) of the IRA taking effect.
Located in Brighton, Colorado, the facility will become the first large-scale commercial advanced manufacturing center for silicon anode lithium-ion batteries by the time it opens in 2025. The facility will be built in phases, with the first phase starting with an initial 500 MWh of production at the facility which at full scale will produce 5 GWh.
Avangrid signed a $30 million order for Array Technologies trackers at the True North solar facility in Texas, which will include safe harbor inventory and newly purchased DuraTrack trackers by New Mexico-based Array.
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