June 2024 | Page 9 of 17 | San Diego's Top Solar Company

Solar represents 64% of U.S. electric capacity additions in 2024

Combined with wind, the two technologies represent 99% of all capacity additions, according to data from the Federal Energy Regulatory Commission (FERC). June 13, 2024 The Federal Energy Regulatory Commission released its Energy Infrastructure Update, issuing data through April 2024 for projects interconnected to utility electric grids. FERC reported that 47 utility-scale projects were interconnected …

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TWAICE, NARDAC partner to improve insurance terms with battery storage analytics

Industry / By Staff

TWAICE, provider of battery analytics software, and NARDAC, energy and infrastructure broker, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders. By combining proactive real time analytics with existing, passive mitigation strategies, such as physical spacing, identifying best practice in BESS project development and operations becomes easier …

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Hawaii’s largest solar-plus-storage facility now operational

Installation / By Staff

The 60 MW Kūihelani solar-plus-storage facility will generate enough electricity for 27,000 homes, with a 240 MWh battery energy storage system. June 13, 2024 Hawaii has the highest average electricity price of any state at 43.93 cents per kWh, nearly triple the U.S. average, yet this project will cut that cost for many residents. Developer …

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Pisgah Energy installs solar for NC furniture company

Industry / By Staff

Vanguard Furniture and Pisgah Energy teamed up again to design and install two roof-mounted solar projects at Vanguard’s Frame Plant 2 facility in Conover, North Carolina. These systems, totaling 188 kW, build on Vanguard’s previous solar installations. Frame Plant 2 now boasts 438 solar panels augmenting power to the building. With the addition of this …

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CATL, Gotion deny U.S. accusations of forced labor

Policy / By Staff

From pv magazine ESS News Battery manufacturers CATL and Gotion High-Tech have denied U.S. lawmakers’ claims of forced labor in their supply chains, calling the accusations groundless and false. On June 6, a group of U.S. Republican lawmakers have called on the Department of Homeland Security (DHS) to immediately add CATL and Gotion High-Tech to a Uyghur …

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Bitech Technologies sells 2.4 GW of solar to focus on energy storage

Installation / By Staff

From pv magazine ESS News California-headquartered renewables company Bitech is selling 2.425 GW of its total 3.840 GW solar project portfolio. According to its website, Bitech’s primary focus as owner operator is the monetization and modernization of its 1.96 GW pipeline of grid-balancing battery energy storage system (BESS) projects. Bitech says it has a combo …

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Empact updates IRA compliance software with new energy community bonus rules

Industry / By Staff

Empact Technologies has released a software update that incorporates support for the latest Inflation Reduction Act (IRA) energy community bonus credit compliance management and reporting requirements. “The IRA provides an unprecedented opportunity for community and utility-scale developers, EPCs, and tax equity investors, but keeping up with the evolving guidance and managing project tax compliance is …

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New finance company will help small businesses access IRA tax credits

Industry / By Staff

Climate fintech company Giraffe Financial has launched a service specifically focused on making Inflation Reduction Act (IRA) tax credits accessible to underserved small- and medium-sized businesses and tax-exempt organizations such as local governments, schools and nonprofits. Giraffe streamlines the process of finding, claiming and monetizing IRA tax credits to help these organizations navigate what can …

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Startup Giraffe Financial aims to unravel tax credit complexities for businesses

Finance / By Staff

Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits June 13, 2024 Giraffe Financial announces the launch of a service that aims to make Inflation Reduction Act (IRA) tax credits accessible to underserved small- and medium-sized businesses and tax-exempt organizations such as …

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Renewables account for 99% of new electricity connected to U.S. grid in 2024

Industry / By Staff

According to the latest data released by the Federal Energy Regulatory Commission (FERC), renewables have provided nearly all – 99.2% – new U.S. generating capacity since the beginning of 2024 through April. The SUN DAY Campaign reviewed the data and found that in the first four months of 2024, solar and wind added 7,899 MW …

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Month: June 2024