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Month: August 2024

Arevon flips switch on 200-MW California energy storage project

Arevon Energy hosted a ribbon-cutting ceremony to mark the completion and start of operations of its 200-MW/800-MWh Condor Energy Storage Project in San Bernardino County, California. The project will annually power up to 150,000 homes for up to four hours during peak electricity demand periods, and will provide an estimated $25 million in property tax …

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Where (and How) Americans Are Taking Advantage of Clean Energy Tax Credits

Americans claimed more than $8 billion in climate-friendly tax credits under the Inflation Reduction Act last year, according to new data released by the Treasury Department, a “significant” number that is higher than initially expected, officials said. The bulk of the money, more than $6 billion, helped households install rooftop solar panels, small wind turbines …

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U.S. DOE announces $1.45 billion loan for Qcells solar panel factory

The Department of Energy announced a conditional commitment to loan Qcells for its Georgia factory producing solar ingots, wafers, cells, and panels. August 8, 2024 The U.S. Department of Energy (DOE) Loans Programs Office (LPO) announced a conditional commitment for a loan guarantee of up to $1.45 billion to Qcells to support its North American …

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Microsoft commissions Pivot Energy to develop 500-MW community solar portfolio

Renewable energy developer Pivot Energy is working with Microsoft to develop up to 500 MWAC of community-scale solar projects across the United States between 2025 and 2029. The agreement is Pivot’s largest renewable energy credit (REC) agreement. This also marks Microsoft’s first major distributed generation portfolio and, by matching customer electricity usage with new renewable …

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Republicans request continuation of IRA post-January

Eighteen Republican members of the U.S. House of Representatives have urged House Speaker Mike Johnson to preserve the Inflation Reduction Act (IRA) if their party takes control of the political reins in January. August 8, 2024 Eighteen members of the House Republican Conference have written to Speaker Mike Johnson, emphasizing the need to “prioritize business …

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DOE loan office backs Qcells with $1.45 billion for new solar panel factory

A rendering of Qcells’ Cartersville factory that was announced in January 2023. As part of the Biden-Harris Administration’s Investing in America agenda, the Department of Energy’s (DOE) Loan Programs Office (LPO) announced today a conditional commitment for a loan guarantee of up to $1.45 billion to Qcells, a leading North American crystalline silicon solar manufacturer. …

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New bidding strategy for PV asset owners operating in spot market

Conceived by an international research team, the new bidding strategy applies to the day-after and the intraday markets. It uses a technique that transforms results from probabilistic models into actual scenarios. Their method showed its ability to yield increased revenues and reduced imbalance. August 8, 2024 From pv magazine Global A U.S.-Dutch research team has …

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Norwich Technologies launches new development arm Breakaway Renewables

Norwich Technologies, the parent company of subsidiaries Norwich Solar (EPC), RunTime Solar (O&M) and NorwichEV, is pleased to announce further diversification of operations for strategic growth and greater impact in the renewable energy sector, providing service under the new Breakaway Renewables company brand. Historically the company had focused on vertical integration, working as the EPC …

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DSD tapped to develop 1.54-MW solar portfolio for Illinois parks

DSD Renewables (DSD) has partnered with General Energy Corporation to deploy a 1.54-MW portfolio of rooftop solar projects across three park districts in Illinois. The installations, located in Elmhurst, Sycamore, and Urbana, are estimated to generate approximately 1.8 GWh of solar energy each year that can be used to power operations and reduce carbon footprint. …

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