Construction begins on 150 MW Bee Hollow solar project in Illinois
The utility-scale solar project is expected to contribute $17 million in tax revenues over the first 20 years of operations while adding enough renewable energy to power approximately 45,600 homes per year.
Copper demand to rise 24% by 2035, says Wood Mackenzie
Demand for copper, often considered as one of the most valuable alternatives to silver in solar manufacturing, is expected to increase by almost a quarter globally by the middle of next decade. Wood Mackenzie says the energy transition is one of four ‘disruptors’ that could cause demand to increase further.
High-rise buildings could soon use gravity energy storage, say researchers
Researchers in Canada have proposed using gravity-based energy storage in high-rise buildings, in combination with photovoltaic facades, small wind turbines, and lithium-ion batteries. Their modeling indicated that this hybrid system could achieve a levelized cost of energy ranging from $0.051/kWh to $0.111/kWh.
The “Kelley Blue Book” for energy assets could improve circularity in the solar sector
Seattle-based urban mining startup Buckstop uses an AI-powered appraisal model to instantly value end-of-life solar panels.
Court orders FEMA to consider distributed solar and storage for Puerto Rico hurricane recovery
“We look forward to FEMA’s new review,” said an attorney for the plaintiffs. Up to $11 billion in federal funds may still be available for Puerto Rico to recover from grid damage sustained from 2017’s Hurricane Maria.
Solestial to provide Endurosat with space solar modules
The U.S.-based manufacturer announced it will provide solar power modules to satellite manufacturer Endurosat starting this year.
Solar represented 70% of newly installed generating capacity worldwide in 2024
New IEEE report tracks PV penetration and the growing role of grid battery storage. Approximately 70% of newly installed global electricity generating capacity for 2024 came from PV, with record installations in China (278 GW) and the U.S. (38 GW).
New tech can tell if your EV will make it home
Researchers in California have created a new diagnostic metric that can reportedly predict if a battery can successfully power a specific task. The proposed model could be used in electric vehicles, unmanned aerial systems, and grid storage applications.
U.S. solar and energy storage businesses secure near $1 billion in flurry of deals
Nexamp, Energy Vault, Generate Capital and NineDot Energy all announced major transactions to infuse more capital in their businesses.
U.S. market “not worth the risk” for one of India’s largest solar manufacturers
Saatvik Green Energy chief executive Prashant Mathur said his company seeks to be “risk-free” and focus on the domestic market in India.
