Month: May 2023

Bipartisan bill to promote use of industrial heat pumps in rural areas

Senator Peter Welch (D-VT) and Senator Roger Marshall (R-KS) introduced the Heat Pump Energy Assistance and Training (HEAT) Act to support the increased use of industrial heat pumps in rural areas. The HEAT Act would create a U.S. Department of Agriculture (USDA) program to support the deployment. Funding would come from the USDA’s Rural Energy …

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PosiGen procures $250 million debt facility to fund energy communities projects

The new funding commitment will provide expansion into additional markets nationwide for PosiGen, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy. May 15, 2023 PosiGen, a residential solar installer for low- and moderate-income families, has lined up a $250 million funding commitment …

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Terabase Energy launches Terafab automated field factory to accelerate utility-scale PV

Terabase Energy unveiled a new automated, digital field factory for solar power plant construction. Dubbed Terafab, the system transforms solar power plant construction with a modern factory approach, increasing installation productivity by a factor of 2x over traditional methods. Terabase also held the grand opening of its Woodland, California, Terafab manufacturing facility — a “factory …

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Surnrise brief: Treasury Department releases guidance on solar domestic content

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U.S. Solar Makers Criticize Biden’s Tax Credits as Too Lax on China

Biden administration rules released on Friday that will determine which companies and manufacturers can benefit from new solar industry tax credits are being criticized by U.S.-based makers of solar products, who say the guidelines do not go far enough to try to lure manufacturing back from China. The rules stem from President Biden’s sweeping clean …

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CPUC Streamlines California Teleconnect Fund Recertification Process for Eligible Organizations

The California Public Utilities Commission (CPUC) has announced updates to the California Teleconnect Fund’s (CTF) recertification process, whereby beginning July 1, 2023, all participants must recertify their eligibility via the eCAP website prior to their eligibility end date. This change is part of CPUC’s ongoing efforts to enhance the program’s efficiency and ensure that it …

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Wind and solar energy saved Texans $11 billion in 2022

A recent analysis reveals that amid the abnormally high-priced natural gas market in 2022, wholesale electricity rate savings from wind and solar surged nearly 300% from previous years to exceed $11 billion, totalling $31.5 billion in energy savings since 2010. May 12, 2023 A detailed examination of the Texas wholesale electricity market showed wind and …

Wind and solar energy saved Texans $11 billion in 2022 Read More »

Solar earnings recap: Tigo Energy, Nextracker and FTC Solar

pv magazine USA recaps the top earnings reports and conference calls for public companies that supply solar modules, silicon wafer materials, inverters, hardware and energy storage systems to the North American renewable energy market, as well as integrated residential solar installation companies and rooftop solar finance providers. This report tracks quarterly and annual volumes of orders, …

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