Research firm says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years.
Also on the rise: Bloomberg signs 15-year PPA for Texas solar. ‘Flexibility is key’ as energy sector moves to net-zero future. And more.
Also on the rise: Record-breaking Q3 for U.S. energy storage deployment. Form Energy awarded $30 million for 100-hour iron-air battery project in California. And more.
The clean energy upgrade at the R.A. Jones facility in Covington will be complete with over 3,000 solar modules and six electric vehicle charging stations.
The facility, located in California, will have more than 100,000 square feet of manufacturing space and is expected to come into operation in Q1 2024.
With more than 50 GW of module manufacturing announcements made in the United States, annual production capacity will exceed demand by 2025, says S&P Global’s Alex Kaplan.
NorSun recently raised $8.5 million in new equity to further develop clean energy manufacturing projects in the United States, including a 5 GW ingot and wafer production facility.
Also on the rise: Yaskawa Solectria Solar introduces 175 kW to 250 kW utility-scale string inverters. DOE supports retooling of U.S. automotive factories for electric vehicle revolution. And more.
Verde Technologies is partnering with NREL and Northern Illinois University on developing new manufacturing techniques for producing stable, safe, low-cost and recyclable perovskite solar cells.
Thornova announced that it has 1.5 GW of solar modules available for the U.S. market. The company also plans to open a U.S. manufacturing site in 2024 where it will produce both solar cells and modules that it says will qualify for domestic content adders.
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