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Month: April 2024

Construction begins on LG Energy Solution’s 53-GWh battery factory in Arizona

Construction has begun on the LG Energy Solution battery manufacturing complex in Arizona first announced last year. Construction on the two factories making batteries for EVs and stand-alone energy storage systems should be completed in two years. LG is spending $5.5 billion on the construction. The two manufacturing facilities are the company’s first stand-alone cylindrical and …

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SolarEdge acquires EV charging optimization and management startup

Wevo Energy becomes a subsidiary of SolarEdge, and together the companies plan to integrate the Wevo’s software solution into the SolarEdge ONE energy optimization system for the commercial and industrial (C&I) segment. April 4, 2024 In June SolarEdge Technologies announced it was implementing a new software platform for the management of solar-attached EV charging facilities, …

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EPA invests $20 billion in national green bank project

On April 4, the U.S. Environmental Protection Agency announced its selections for $20 billion in grant awards under two competitions within the historic $27 billion Greenhouse Gas Reduction Fund (GGRF), which was created under the Inflation Reduction Act as part of President Biden’s Investing in America agenda. The three selections under the $14 billion National …

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SolarEdge acquires EV charging software startup

SolarEdge Technologies announced that it completed the acquisition of the entire share capital of Wevo Energy. Wevo is a software startup specializing in EV charging optimization and management for sites with large quantities of EV chargers such as apartment buildings, workplace carparks and public charging locations. Wevo’s software is designed to be vendor-agnostic and supports …

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Sunrise brief: Tesla reports record energy storage deployment figures

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Federal funding for clean energy projects to strengthen U.S. farms

The U.S. Department of Agriculture is investing more than $120 million in renewable energy projects in 44 states. The funding is aimed at lowering energy costs, generating new income and creating jobs for U.S. farmers, ranchers, agricultural producers and rural small businesses. Most of the projects are being funded through the Inflation Reduction Act, through the Rural Energy …

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ESA kicks off construction of 3 MW solar project at AdventHealth HQ in Florida

AdventHealth is working toward reducing carbon emissions and achieving environmental sustainability goals with an on-site solar energy installation at its corporate headquarters in Altamonte Springs, Florida. The faith-based health system’s corporate headquarters employs nearly 5,000 people who work to support the system’s operations and care delivery across the country. Starting this week, the Maitland-based national solar …

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Two universities add solar to their energy mix

Princeton University plans four solar installations on its New Jersey campus, while Northeastern University celebrates the completion of a highly visible rooftop solar project on the downtown Snell Library. April 3, 2024 More colleges and universities are adopting solar on their campuses, recognizing that solar installations can alleviate budget pressure, help schools meet clean energy …

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