Fossil retirements continue, but pace slows and may reverse
EIA data shows that since 2003, U.S. fossil fuel plants have retired more capacity than they’ve been built. That trend is slowing, and early signs suggest it could reverse.
Turbulent times for U.S. energy storage
The OBBBA kills many of the provisions in the U.S. Inflation Reduction Act that were most impactful for the energy storage industry, and while no one is fully sure what comes next, many are bracing for turbulence, as Phoebe Skok reports.
Solar project and finance updates: Texas, New Mexico and eastern U.S.
OCI Energy closes a utility-scale solar project sale, National Renewable Solutions activates a project in New Mexico, and SolAmerica Energy closes on a revolving credit facility for distributed solar in the eastern U.S.
USDA announces it will discontinue funding solar projects
The U.S. Department of Agriculture has awarded billions in Rural Energy for America Program (REAP) grants for solar projects. Secretary Brook Rollins said the agency will no longer deploy funds to solar and wind projects.
With EV industry idling in Michigan, Motor City clings to auto dreams
Michigan is the birthplace of the American auto, home to the US car industry since the early 20th century. With automotive manufacturing in other parts of the world sprinting forward, the US auto industry is idling, flickering between go and stop like a drained battery. Can electric vehicles (EVs) drive a new renaissance for the industry?
U.S. solar manufacturing forges on
While changes to U.S. clean energy tax credits and other restrictions in the One Big Beautiful Bill Act (OBBBA) create a new level of uncertainty, U.S. solar and energy storage manufacturers vow to march on with the previously planned buildout of domestic solar manufacturing capacity.
Treasury issues guidance for solar, wind ‘start of construction’ tax credit rules
The rules for safe harboring clean energy tax credits are “not as bad as rumored” but uncertainty remains on qualification requirements.
Crayhill introduces combined tax equity, development financing for renewable energy projects
The asset management firm launched the bridge lending program for pre-construction financing of solar, wind and energy storage projects.
PV Hardware offers new terrain-following tracker solution
The manufacturer announced terrain-conforming tracker support, enabling up to 2° of variation between posts. The new solution is meant to enable solar PV on more difficult sites without increasing environmental impact or construction costs.
U.S. scientists claim 15-fold performance increase for solar thermoelectric generator
A research team have fabricated a solar thermoelectric generator (STEG) that is reportedly 15 times more efficient than current state-of-the-art devices by concentrating on the managing the hot and the cold sides of the device rather its semiconductor materials.
