While low prices are making life difficult for manufacturers, especially outside China, demand remains strong for stationary storage and electric vehicle (EV) devices, according to IDTechEx. October 4, 2024 From pv magazine’s ESS News K-based research company IDTechEx has published a ten-year outlook for the global lithium-ion battery industry which predicts the market could be …
Lithium-ion battery market to top $400bn in 2035 Read More »
After this initial acquisition of 151 MW, the European independent power producer plans to build a portfolio of up to 2 GW in the U.S. by 2030. October 4, 2024 ContourGlobal (CG), an independent power producer based in Italy, has acquired two solar PV projects in South Carolina with a combined capacity of 151 MW. …
ContourGlobal enters U.S. market with acquisition of PV projects in South Carolina Read More »
Credit: DSD Renewables On October 3, the Solar Energy Industries Association (SEIA) filed comments on proposed rules for the Low-Income Communities Bonus Credit as it transitions to the technology-neutral tax credit structure in 2025. Under the proposed rule, beginning in 2025, storage assets will no longer qualify for the benefit, presenting red tape and headaches …
Energy storage set to be ineligible for low-income bonus credit in 2025 Read More »
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Sunrise brief: Average U.S. residential solar project breaks even at 7.5 years Read More »
In 2021, the New Mexico Legislature passed Senate Bill 84, establishing the state’s community solar program. Sponsored by Senator Elizabeth “Liz” Stefanics (D-Bernalillo), the bill authorized 200 MW of community solar projects, enough to power 38,000 homes. The legislation also gave the Public Regulation Commission (PRC) the authority and direction to approve additional program capacity …
New Mexico Public Regulation Commission expands community solar program by 300 MW Read More »
Trina Solar filed a complaint with the U.S. International Trade Commission (ITC) on Sept. 30 to prevent Runergy and Adani Green Energy from “improperly importing and selling products that infringe two Trina patents relating to TOPCon solar cell technology.” Trina is requesting an investigation under Section 337 of the Tariff Act of 1930, which would …
Runergy just announced that its 2-GW solar panel factory in Huntsville, Alabama, has officially commenced production. The facility will begin producing its first customer orders this month. “We are thrilled to start producing solar modules right here in Alabama,” said Jet Li, general manager. “This factory not only brings new jobs and opportunities to the …
Runergy opens solar panel assembly factory in Alabama Read More »
A report from marketplace operator EnergySage noted that average system costs are declining, and payback periods are improving. It highlighted a recent market share capture from Tesla in the inverter and energy storage market. October 3, 2024 EnergySage operates an online comparison-shopping marketplace for solar, providing quotes to solar shoppers across 50 states and Washington …
Average U.S. residential solar project breaks even at 7.5 years, said EnergySage Read More »
Hecate Energy advances the Ward Hill BESS through Haverhill’s zoning process, focusing on wetland classifications surrounding the installation. October 3, 2024 Hecate Energy is progressing through the permitting stages for a proposed 310 MW / 1.24 GWh energy storage project by Contemporary Amperex Technology Co. (CATL) in Haverhill, Massachusetts. According to a recent press release, …
1.2 GWh CATL battery progresses through permitting in Massachusetts Read More »
French oil major TotalEnergies and German-owned renewables developer RWE have announced plans for five large-scale batteries in the US state. October 3, 2024 From ESS News handful of large-scale battery storage project announcements are set to bring 1.35 GWh of energy storage capacity online in Texas by the end of 2025. French energy company TotalEnergies …
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