The 2022 Inflation Reduction Act (IRA) has, in effect, launched PV and energy storage professionals into the Energy Infrastructure business. The question becomes, “What is PV and energy storage as Infrastructure and what does it mean to all energy stakeholders, not just the energy private sector?”
With multiple U.S. states and global markets developing long duration energy storage plans, and with product orders rolling in, ESS is now supply constrained – and has plans to expand.
In 2020, 3.7% of U.S. homes generated electricity from small-scale solar arrays, as did 1.6% of commercial buildings, reports the Energy Information Administration.
Also on the rise: Modeling microgrid design with Inflation Reduction Act incentives. First Solar adds 700 MW to 4 GW solar module supply deal with Silicon Ranch. And more.
Also on the rise: Tesla proposes enabling renewables developers to estimate a project’s interconnection costs. Utility-scale developer for sale. And more.
Also on the rise: Renewable PPA price relief from the Inflation Reduction Act may take time. Salient Energy zinc-ion battery passes UL safety testing. And more.
Also on the rise: A user guide to the Inflation Reduction Act. Rooftop wind energy innovation claims 50% more energy than solar at same cost. And more.
A Credit Suisse report suggests that from 2025 through 2032, the United States could see solar and wind PPAs regularly signed for under 1¢/kWh, due to a combination of manufacturing and project tax credits.
Also on the rise: How long do residential energy storage batteries last? Solar to the rescue as part of Hurricane Fiona relief .
The lithium battery production bottleneck will block the adoption of 350 million electric vehicles by 2040 unless supply chain constraints are removed.
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