Strong policies expand the solar industry, creating more resilient future
The Paris Agreement of 2015 marked a milestone in the effort to combat climate change, and since then, governments including Canada and the United States have undergone a political and economic transformation focused on achieving net-zero goals, with renewable energy resources, particularly solar energy, playing a vital role.
Meyer Burger considers U.S. solar cell manufacturing, in talks with Sunrun & Sunnova
In a recent interview with Roth MKM, Meyer Burger indicated that new guidance on the domestic content requirement, along with manufacturing incentives, have boosted their interest in manufacturing the solar cells for their 2 GW Arizona module factory.
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.
LG Energy Solution and Hyundai announce battery facility in Georgia
The new U.S. manufacturing facility represents an investment of $4.3 billion, and will be located in Bryan County, Georgia, adjacent to Hyundai’s manufacturing facility currently under construction.
Powin signs manufacturing agreement with Jabil to produce 2 GWh U.S. storage systems
Powin has selected Jabil as its manufacturing partner to produce Powin’s Stack750 Centipede energy storage systems. Beginning in Q4 2023, Jabil will produce an initial annual capacity of 2 GWh, with plans to ramp up production to 4 GWh per year.
PJM’s pace of interconnection will not meet demand through 2028, says NRDC
States in the PJM market with renewable portfolio standard targets will “barely” be able to meet those targets through 2027, the environmental group NRDC said, while the region will consistently fall short of an estimated renewables potential.
Solar earnings recap: Tigo Energy, Nextracker and FTC Solar
pv magazine USA’s recap of notable upstream solar, integrated solar, hardware, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.
Treasury Department releases guidance on solar domestic content
The Inflation Reduction Act includes a 10% bonus for solar power projects that use made-in-USA content, and the Treasury released long-awaited details on what that means.
OCI Solar enhances solar training program in San Antonio
The solar company teamed up with St. Philip’s College, Project Quest, and the San Antonio Area Foundation to establish SolarJobs SA, an education and workforce initiative designed to help prepare students for careers in the renewable energy industry.
LG launches U.S. residential energy storage system
The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.
