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Day: June 18, 2024

Final IRS prevailing wage rules encourage project labor agreements

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules today on prevailing wage and registered apprenticeship (PWA) requirements in the Inflation Reduction Act. As part of the Biden-Harris Administration’s Investing in America agenda, the final rules will help build a strong pipeline of highly skilled workers to support the growth …

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Nextracker opens 2nd solar tracker plant in Las Vegas

Nextracker, a global manufacturer of solar trackers and related software solutions, and Unimacts, an industrial manufacturing and supply chain solutions provider, have started a new factory in the Las Vegas area. Credit: Nextracker This is the second dedicated manufacturing line for Nextracker that Unimacts has opened in the last year. The new, 160,000-sq-ft facility in …

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SolarEdge releases new C&I energy management software

SolarEdge announced the global rollout of SolarEdge ONE for C&I, a comprehensive software-based energy optimization platform for Commercial and Industrial (C&I) solar applications, expected to become generally available in the coming months. SolarEdge ONE for C&I is the company’s energy optimization platform, developed by SolarEdge specifically for EPCs, O&M providers and businesses. It is designed …

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Final guidance released on IRA’s prevailing wage and apprenticeship requirements

According to the Treasury Department, developers of clean energy projects may be able to claim an increased credit equal to five times the base incentive. June 18, 2024 The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final rules on the Inflation Reduction Act’s (IRA) prevailing wage and registered apprenticeship requirements. The IRA …

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U.S. grid-scale storage grows 84%, residential storage 48%

Wood Mackenzie reported large growth in Q1 year-over-year for grid-scale storage and residential storage, while commercial and industrial storage slowed. June 18, 2024 Wood Mackenzie and American Clean Power released its quarterly Energy Storage Monitor report, finding that the U.S. storage market posted strong growth in the grid-scale and residential storage sector, while the commercial …

U.S. grid-scale storage grows 84%, residential storage 48% Read More »

GAF Energy to use DOE investment to build solar shingle testing site

GAF Energy, a Standard Industries company and manufacturer of solar roofing products, said it will build a new testing facility for building-integrated solar photovoltaics (BIPV) products, thanks to an investment from the Dept. of Energy. GAF Energy is currently searching for location for the new facility. The company operates two manufacturing facilities in San Jose, …

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Commercial real estate to host VPP-connected flywheels and batteries

From ESS News U.S.-based energy solutions company Torus has announced the signing of a deal with real estate developer Gardner Group to provide its propriatery BESS and FESS technologies in one of the largest commercial energy storage projects in the U.S. state of Utah. The deal will see 26 MWh of systems installed and supported …

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GameChange Solar trackers selected for high-wind project site in Florida

GameChange Solar, a global supplier of solar tracking solutions for ground-mounted PV plants, is supplying its Genius Tracker single-axis tracker for a project sited in a high-wind area of Florida. This project will be designed to withstand wind speeds of up to 158 mph. GameChange Solar collaborated with wind engineering firm CPP to address the …

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Global PV installations may hit 660 GW in 2024, says Bernreuter Research

From pv magazine Global Global PV installations will range from 600 GW to 660 GW in 2024, according to Bernreuter Research. Bernreuter said its forecast is supported by the shipment targets of the world’s six largest solar module suppliers for 2024. On average, JinkoSolar, Longi, Trina, JA Solar, Tongwei, and Canadian Solar aim for a growth …

Global PV installations may hit 660 GW in 2024, says Bernreuter Research Read More »

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