Clean electricity to reach as high as 90% by 2030
A U.S. DOE report analyzing recent policy changes said carbon emissions-free energy will represent 71% to 90% of the nation’s generation mix.
Inside transferability, or selling renewable energy tax credits
The market awaits the U.S. Treasury guidance on direct sales of federal tax credits, but sales are moving forward without waiting, said Norton Rose Fullbright.
Silicon anode battery producer files for 5 GWh production facility in Colorado
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.
Utility to procure U.S.-made trackers for 321 MW Texas solar project
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.
OYA Renewables closes financing for New York community solar pipeline
Funding from construction-to-term loan and tax equity commitment to finance construction of 15 community solar development projects in New York State.
$10 billion from the IRA to help clean up the industry
The IRS released guidance on how it will allocate $10 billion to grow recycling facilities, re-equip industrial facilities to reduce greenhouse gas emissions by at least 20%, and establish new manufacturing facilities that reduce our carbon footprint.
Energy justice, LMI solar strike a chord at Intersolar
The energy burden on disadvantaged or low-to-moderate income communities has translated to more than 15% of disadvantaged households’ income devoted to paying for energy each month as the cost for electricity rises, compared to 2 to 3% that average income households typically pay for energy each month.
Interconnection delays slow U.S. community solar growth
While community solar dropped 16% in 2022, it’s still expected to double by 2027, according to a new report from Wood Mackenzie and Coalition for Community Solar Access.
The IRA will unleash community solar markets
Community solar provides measurable, tangible benefits to the grid and ratepayers. While some may argue about the exact value of these benefits, distributed solar, and community solar specifically, is an integral part of the grid.
U.S. energy storage market set for take off
The U.S. Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape.
