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Day: December 22, 2023

Insurer: 75% of California rooftop solar companies are high risk, more bankruptcy on the way

Solar Insure told pv magazine USA the financial stability of rooftop solar companies operating in California is in question. Despite this, California reaffirmed recent anti-solar decisions in a recent appeals court hearing. December 22, 2023 A year ago, the California Public Utilities Commission (CPUC) approved NEM 3.0, a rulemaking decision implemented in April 2023 that …

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Johnson Controls unveils water-to-water heat pump for commercial buildings

Johnson Controls says its new 1,406 kW compound centrifugal heat pump is able to deliver high-temperature hot water as high as 170.6 F. The system reportedly has a combined coefficient of performance of 4.9. December 22, 2023 From pv magazine global The U.S.-based industrial conglomerate Johnson Controls introduced a water-to-water compound centrifugal heat pump intended for …

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Clean hydrogen production credit rules announced

Treasury and IRS released proposed 45V guidance on credit for hydrogen production, which may be available to some facilities into the 2040s. December 22, 2023 The U.S. Department of the Treasury and Internal Revenue Service (IRS) released proposed regulations on the Clean Hydrogen Production Credit established by the Inflation Reduction Act (IRA). “Hydrogen has the potential to …

Clean hydrogen production credit rules announced Read More »

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