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Day: January 2, 2024

Building a U.S. battery supply chain

U.S. demand for battery energy storage systems will grow six-fold by 2030, according to a recent report by SEIA, but only with serious investment, coordination with experienced manufacturers and collaboration with allies. January 2, 2024 The recent report “Energizing American Battery Storage Manufacturing” by the Solar Energy Industries Association (SEIA), noted that credits offered through …

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First Solar closes $700 million in tax credit transfer sales

U.S. thin-film solar module manufacturer First Solar announced it closed two separate tax credit transfer agreements to sell $500 million and $200 million of Inflation Reduction Act advanced manufacturing tax credits. Under the tax credit transfer, Fiserv agreed to pay $0.96 per $1 of tax credits to First Solar during the first half of 2024, …

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Alliant completes 6 projects, triples solar capacity in Wisconsin

Alliant Energy’s 100 MW Springfield project is one of the company’s six recent solar projects. Wisconsin’s energy future is looking brighter as Alliant Energy has completed six new solar projects in the state. Already the top utility in terms of Wisconsin solar generation, the completion of these projects adds 514 MW of solar energy, tripling …

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Next2Sun, iSun to build first vertical agrivoltaics system in Vermont

U.S. solar company iSun Inc. and German agrivoltaics pioneer Next2Sun Mounting Systems GmbH plan to build an innovative agrivoltaics system in Vermont. The companies have been cooperating since the beginning of 2023 to jointly establish Next2Sun’s vertical agrivoltaics system in the United States. Construction of the first agrivoltaics plant with the Next2Sun system will begin …

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Sunrise brief: Treasury and IRS released proposed 45V guidance on credit for hydrogen production

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More new solar installed in 2023 than any other electricity source

The SUN DAY Campaign reviewed federal government-issued reports from December and found that solar is the fastest-growing electrical generation source within the United States. Credit: Amazon In FERC’s “Energy Infrastructure Update,” solar contributed 10,937 MW of new domestic generating capacity in 2023 (through October) or 42.1% of the country’s total. [Natural gas: 9,794 MW/37.7%; wind: …

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