Sunrise brief: Tesla solar down 38%, energy storage up 222% in Q2
Also on the rise: Array Technologies to secure domestically made steel from new mill in Texas. Separator tech to prevent battery fires. And more.
Array Technologies to secure domestically made steel from new mill in Texas
The tracker manufacturer is partnering with Lock Joint Tube to manufacture domestically sourced steel tubes for utility-scale solar projects to serve the burgeoning Texas market.
First Solar to support 12 GW growth trajectory with $1 billion revolving credit
On June 30, the Arizona-based producer of U.S.-made solar panels arranged a new $1 billion credit facility that includes a sub-limit of $250 million of available letters of credit from eleven financial institutions.
Biden hails clean energy investments at new Enphase manufacturing site
President Biden delivered a speech celebrating the $500 billion in recent private investment in U.S. manufacturing. Solar inverter manufacturer Enphase announced its first shipments from a U.S. contract manufacturing facility, owned and operated by Flex.
Vikram Solar announces $1.5 billion vertically integrated manufacturing operation
Vikram reports that its new joint venture will build a 4 GW solar module production facility in Brighton, Colorado, followed by a wafer and ingot facility in a Southern State.
Canadian Solar announces 5 GW Texas module factory
Representing an investment of $250 million, the facility is expected to bring 1,500 jobs.
By 2035 IRA will drive $200 billion in solar wages
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.
U.S. solar market expected to triple in size in five years
The solar industry had its best first quarter in history as supply chain challenges fade, according to U.S. Solar Market Insight Q2 2023 report.
Lightsource bp raises financing for 368 MW pollinator and bird-friendly projects
Investment brings economic growth and environmental benefits to Indiana and Louisiana communities, leverages Inflation Reduction Act’s advantages for made-in-America products
U.S. clean energy market deployed 25.5 GW in 2022, third largest year on record
American Clean Power reported that 2022 had a 15% slowdown in installations, largely represented in the utility solar market, which had 13 GW fewer deployments in the year.
