U.S. Inflation Reduction Act poses threat for Australia in green hydrogen race
Former Reserve Bank of Australia Deputy Governor Guy Debelle has warned that the U.S. Inflation Reduction Act (IRA) poses a “material threat” to Australia’s push to become a green hydrogen superpower.
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.
Southern Florida college to fill gap for more certified solar workers
St. Petersburg College recently partnered with the University of Central Florida’s Florida Solar Energy Center (FSEC), the first solar energy apprenticeship program registered with the U.S. Department of Labor.
Additional guidance released for energy communities IRA tax credits
The Treasury, Department of Energy and Internal Revenue Service provide details on the Qualifying Advanced Energy Project Credit program that makes available $10 billion in tax credits for energy communities.
Community solar developer Nexamp secures over $400 million in financing
Led by U.S. Bancorp and Mitsubishi, the tax equity and debt commitments are expected to enable the company to support the construction of 49 solar and energy storage projects.
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.
