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 »
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