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Month: January 2024

IRA creates 100,000 clean energy jobs and attracts $110 billion in private investments

The Inflation Reduction Act of 2022 is ushering in a new decade of U.S. clean energy manufacturing and installation. January 22, 2024 Based on tracking by nonpartisan trade group Environmental Entrepreneurs (E2), since the passage of the Inflation Reduction Act (IRA) of 2022, over 274 major clean energy projects have been announced across 41 states, …

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Renewable Properties unveils EV fleet charging service for trucks and busses

Renewable Properties has launched a new electric vehicle (EV) fleet charging service. The service will leverage the company’s extensive community solar development, land acquisition and electrical infrastructure expertise to provide a turnkey charging solution for companies transitioning their truck fleets from fossil fuels to electric power. “The already-growing need for EV fleet charging is now …

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Electriq Power to launch 10 new solar-plus-storage networks in SoCal

The company’s PoweredUp Network program offers qualifying homeowners solar-plus-battery storage systems at zero upfront costs. January 22, 2024 Energy storage and management solutions provider Electriq Power Holdings is gearing up to launch 10 new “sustainable community networks” – programs that incentivize the deployment of solar-plus-battery storage systems – in Los Angeles County. The program, called …

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SolarEdge announces reduction of global workforce

SolarEdge, an Israel-based inverter manufacturer, says it plans to cut about 900 jobs as part of a restructuring plan “designed to reduce operating expenses and align its cost structure to current market dynamics.” January 22, 2024 From pv magazine global SolarEdge announced a global workforce-reduction plan that will affect approximately 900 employees, or about 16% …

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U.S. solar panel manufacturing claims from Intersolar North America

If you follow Solar Power World’s U.S. solar manufacturing news, you know the domestic manufacturing market has never looked stronger. And while that is true and many companies are looking to invest in new facilities in the United States, years-long planning and construction processes are suddenly being rethought, specifically in the panel manufacturing space. Most …

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Utility-scale solar outlook: Top concerns for development in 2024

Borrego Solar installation at 3651 Middle Country Road in Calberton, NY. (Photo By: Greg M. Cooper / Borrego Solar) The utility-scale solar sector is poised for growth in 2024. To understand the challenges and opportunities available, your faithful editors at Solar Builder tapped into some of the industry’s top minds to understand the market. We …

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SolarEdge lays off 16% of workforce, stops manufacturing in Mexico

SolarEdge Technologies, a global manufacturer producing inverter, energy storage, EV and smart home technologies, is cutting its global workforce by 16%, or approximately 900 employees. About 500 of those people work in its manufacturing sites. The company stated in a press release that this “reduction follows measures … to align with current market conditions.” SolarEdge …

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Decarbonizing disaster response

From pv magazine 12/23-01/24 Water, power, and shelter. Whether earthquakes, extreme weather, or sudden refugee crises occur, all three are crucial when disaster strikes. Solar is playing an increasing role in providing all three for first responders. While a mature technology, solar is a relative newcomer to emergency response. PV’s technological advances and affordable price …

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New energy storage conference to premiere this June in Portland, Oregon

The American Clean Power Association (ACP) today launched a new energy storage-focused tradeshow — ACP RECHARGE. The premier event will take place in Portland, Oregon, on June 26-28, 2024. The energy storage industry is growing at an exponential rate, with seven-times more utility-scale energy storage capacity today than at the end of 2020. Currently, the …

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