Sunrise brief: One year after passage of the IRA, the renaissance has begun
Also on the rise: Domestic content guidance on solar cells and structural steel. Siemens to open U.S. utility-scale solar inverter factory. And more.
One year after passage of the IRA, the renaissance has begun
Among the many benefits of the passage of the historic Inflation Reduction Act is the decarbonization of the U.S. grid; however, challenges remain.
Siemens to open U.S. utility-scale solar inverter factory
An 800 MW annual production capacity facility will manufacture string inverters.
Energy storage company Fluence plans an IPO
The company applied to the SEC to list its Class A common stock on the Nasdaq Global Select Market under the symbol “FLNC.”
RPI launches energy institute with backing from Siemens and Lutron Electronics
The New York City-based institute will link architectural design and engineering to create infrastructure that is both net-zero in energy use and climate resilient.
Fluence acquires Advanced Microgrid Solutions, in bid to help customers monetize storage, renewable assets
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.
Span wins $10.2 million to modernize the home electrical panel, ease shift to solar, storage and EVs
“The standard electrical panel has not seen major innovation for nearly a century.”
Soros Fund Management, Siemens make a big bet on EV charging
The two companies have invested $13.2 million into Amply Power, a service that combines EV charging hardware distribution and fleet management software into one customer-focused package.
Green hydrogen and the switch to a secure, ‘climate-friendly’ gas-based energy supply
German industrial giants Uniper and Siemens are working together to advance the use of green hydrogen and replace conventional, gas-fired hydrogen production plants.
Sunrun proposes solar+storage virtual power plants across Puerto Rico
Puerto Rico’s Energy Bureau has its hands full in ensuring the island’s utility gets the grid working well at a reasonable cost, while moving to 40% renewables by 2025. Sunrun and environmental groups point a way forward.
