The Dept. of Energy has announced more than $70 million in research and development selections to seed new technologies across the solar supply chain. Funding from President Biden’s Bipartisan Infrastructure Law will enable new entrants to the solar manufacturing market to establish their technologies and access more capital. The 18 selected projects will address gaps …
DOE invests $71 million in solar manufacturing R&D Read More »
First Citizens Bank is leading the charge during an active week for financing news. Several projects received funding and a significant solar portfolio acquisition rounds out this edition of the Solar Financing Spotlight. Kicking things off, the First Citizens Bank Energy Finance division is helping to fund two Apex Clean Energy battery energy storage projects in …
The NC Clean Energy Technology Center (NCCETC) released its Q1 2024 edition of the 50 States of Power Decarbonization. The quarterly series provides updates on state and utility actions pertaining to clean energy targets, emission reduction targets and carbon policies, generation planning and procurement rules, integrated resource plans and electric generation capacity changes (RFPs, green …
Latest NC Clean Energy report finds utilities concerned about load growth Read More »
The Office of the President has turned its focus to solar panels, announcing the removal of the bifacial solar panel Section 301 tariff exclusion and addressing issues of stockpiling during trade cases, alongside promoting the nation’s manufacturing base. May 16, 2024 The Biden Administration has released a fact sheet detailing multiple solar panel related policies, …
Today the Dept. of Treasury has released long-awaited further guidance concerning the domestic content bonus within the Inflation Reduction Act. Solar developers and installers that source iron and steel products and certain manufactured products from domestic producers can receive up to a 10% bonus to the investment tax credit (ITC) or production tax credit (PTC) …
More details on IRA domestic content bonus revealed today by Treasury, IRS Read More »
Quilt unveiled a residential heat pump with a coefficient of performance (COP) of up to 4 and noise levels of 27 dBA to 47 dBA. The startup recently raised $35.9 million from a group of investors. May 16, 2024 From pv magazine Global Quilt has launched its first product – a wall-mountable (or tabletop) heat …
Startup debuts wall-mountable, tabletop residential heat pump Read More »
Intensified trade measures against China via increasing tariffs on imported solar and battery cells represents a significant policy step, however, the impact is clouded by global manufacturing shifts, price decreases and looming Commerce Department trade complaints. May 16, 2024 The Biden Administration has imposed a series of tariffs on hardware imported from China. In the …
More bark than bite: U.S. solar tariffs and the shadow of larger trade measures Read More »
The Biden Administration today put imported bifacial solar panels back under Sec. 201 tariffs, after the specialty solar panels enjoyed a two-year exemption from extra duties first initiated by President Biden in 2022. Credit: Appalachian Renewable Power Systems (ARP Solar) This decision is part of the President’s sole right to make changes to in-progress tariffs …
Bifacial solar panels lose tariff exemption after Biden reverses course Read More »
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Sunrise brief: U.S. government doubles tariff rates on PV cell imports from China to 50% Read More »
The United States has officially exceeded 5 million solar installations, marking another milestone just eight years after the nation reached one million installations in 2016 — a milestone that took 40 years to achieve following the first grid-connected solar installation in 1973. Credit: Lightsource bp According to data released by the Solar Energy Industries Association …
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