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Day: April 22, 2024

High interest rates are challenging the global transition to renewable energy

A report from Wood Mackenzie examines how the global shift to heightened interest rates to combat inflation is squeezing the energy transition. April 22, 2024 After a period of historically low interest rates from 2009 to 2022, central banks have sharply raised interest rates to fight inflation. The increase of cost of capital has “profound …

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Earth Day celebrated with $7 billion solar funding announcement

The Solar for All funding will bring clean solar energy to low-income and disadvantaged communities in every U.S. state and territory. April 22, 2024 This Earth Day, President Joe Biden announced 60 recipients of funding from the Solar for All program. Solar for All is a funding opportunity announced by the Environmental Protection Agency (EPA) …

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California solar installation designed for grazing sheep

Renewable America designed the project to disturb the land little as possible, installing fixed-tilt tracker array that required no grading. April 22, 2024 The Fallon Two Rock Road Solar Farm is now operational, according to partners MCE and Renewable America. MCE is a not-for-profit electricity provider for more than 585,000 customer accounts and 1.5 million …

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EPA announces recipients of $7 billion in residential Solar for All grants

GRID Alternatives On April 22, as the Biden-Harris Administration celebrates Earth Day, the U.S. Environmental Protection Agency announced 60 selectees that will receive $7 billion in grant awards through the Solar for All grant competition to deliver residential solar projects to over 900,000 households nationwide. The grant competition is funded by President Biden’s Investing in …

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Maxeon sues REC and Hanwha for alleged TOPCon patent infringement

Solar panel assembly at Maxeon’s facility in Mexico. Maxeon Solar Technologies announced on April 19 that it has initiated a patent infringement lawsuit in the Eastern District of Texas against REC Solar Holdings and Hanwha, alleging infringement of Maxeon patents relating to TOPCon (tunnel oxide passivated contact) solar cell technology. After buying Solaria’s shingled-cell technology patents …

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