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Month: September 2023

Significant solar panel recycling deals signed this week

Photo courtesy of Nautilus Solar Don’t look now, but big things are starting to happening in U.S. solar panel recycling. This week, two large operator / independent power producers agreed to significant partnerships to ensure recycling services upon decommissioning. Greenbacker Renewable Energy Company LLC, an independent power producer and a leading climate-focused investment manager, signed …

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Treasury and IRS propose renewable energy prevailing wage and apprenticeship requirements

Payment of a prevailing wage to workers and employment of apprentices are key requirements for renewable energy developers to obtain the various tax incentives for their projects provided by the Inflation Reduction Act of 2022 (“IRA”). A little over a year following enactment of the IRA, and nine months after release of the initial guidance, …

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Greenbacker agrees to recycle eventual 1 GW of decommissioned solar panels

Independent power producer Greenbacker Renewable Energy has agreed to recycle decommissioned solar panels from its projects through SolarCycle.  A Greenbacker community solar project in Colorado. Today’s partnership provides Greenbacker’s fleet — which currently includes over 975 MW of operating solar projects — a committed recycling partner and offers SolarCycle a contracted volume of end-of-life panels …

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IRA tax credit guidance threatens community solar’s ability to serve low-income households

Solar experts fear newly released guidance on the Inflation Reduction Act (IRA) tax credits will limit the industry’s ability to serve low-income communities. Under the new guidance, most households will have to prove their low-income status, which has been shown to substantially limit a household’s willingness to sign up for community solar plans that can …

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Eos Energy aims for 8 GWh of annual energy storage production capacity in the U.S. by 2026

The company’s zinc halide storage systems are specifically designed for long-duration energy storage, including utility-scale as well as microgrid applications. September 7, 2023 Eos Energy Enterprises, a long-duration zinc-powered energy storage system company based in Pennsylvania, has announced a new $500 million program called AMAZE (American Made Zinc Energy) in a bid to build 8 …

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Power Factors releases next-generation renewable asset management platform

Credit: Lightsource bp Power Factors has introduced Unity, the next generation of its product suite. With Unity, renewable energy companies can manage the entire lifecycle of a diverse fleet of renewable energy assets from a single, unified platform. Unity delivers data and AI-powered insights at scale so renewables businesses can unlock their growth, make smarter …

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Meteomatics expands work with energy companies in U.S.

Meteomatics recently established U.S. operations in Exton, Pennsylvania, is making its technology and data available to U.S.-based companies to help improve energy management, navigate stressors on the power grid, minimize risks, and optimize earnings. September 7, 2023 Meteomatics, a Swiss weather intelligence company that forecasts the weather’s impact on some of the world’s leading businesses, …

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Cambodia’s NE Solar to open a 2-GW solar panel factory in Phoenix

Cambodia-headquartered solar panel manufacturer New East Solar Energy will start a 2-GW solar panel factory in Phoenix, Arizona. This will bring NE Solar’s total manufacturing capacity to 6.7 GW, with the American factory joining its existing factories in Indonesia and Cambodia. NE Solar will target commercial and utility-scale customers with its U.S. manufacturing, with a …

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Sunrise brief: Qcells to enter into $3 billion supply agreement for U.S.-made polysilicon 

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Sunrise brief: Qcells to enter into $3 billion supply agreement for U.S.-made polysilicon  Read More »

U.S. Solar Market Q3 takeaways: Good, bad and bittersweet stats in record-breaking year

Good: The U.S. solar industry expects to add a record 32 gigawatts (GW) of new capacity in 2023, a 52% increase from 2022, according to the U.S. Solar Market Insight Q3 2023 report from the Solar Energy Industries Association (SEIA) and Wood Mackenzie.   Good: Solar accounted for 45 percent of all new electricity-generating capacity …

U.S. Solar Market Q3 takeaways: Good, bad and bittersweet stats in record-breaking year Read More »

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