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Month: November 2024

Pre-CAD software Solesca now integrated into ETB Developer

Energy Toolbase has announced that Solesca has joined the ETB Developer platform for design services. This partnership brings Solesca’s pre-CAD design capabilities to ETB Developer users, offering faster, more accurate and cost-effective design solutions for commercial and industrial (C&I) and community-scale solar projects. Solesca is an intuitive design experience that helps developers accelerate project timelines …

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FREYR buys Trina solar panel factory in Texas for $340 million

FREYR Battery, a Norwegian developer of battery cells, is getting into solar panel manufacturing after announcing it will acquire the U.S. manufacturing operations of Trina Solar. Inside the Wilmer panel assembly factory. FREYR, which previously sought to serve the energy storage and EV markets, was pursuing a gigawatt-scale battery factory in Coweta County, Georgia. Now …

FREYR buys Trina solar panel factory in Texas for $340 million Read More »

SolarEdge completes sale of $40 million in 45X manufacturing tax credits

SolarEdge Technologies announced it closed its first transaction for the sale of IRA Section 45X Advanced Manufacturing Production Tax Credits in consideration for approximately $40 million, net of discounts and fees. The credits were generated by sales of eligible, U.S.-made inverters in the first half of 2024. “The Inflation Reduction Act and new §45X of …

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Sunrise brief: Grandpa’s grid is not built to supply consumers what they need

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Sunrun CEO: “Grandpa’s grid is not built to supply consumers what they need”

Mary Powell, chief executive officer of major U.S. residential solar installer Sunrun delivered a keynote address on the promise of distributed energy during pv magazine USA week this October. November 4, 2024 The electric power grid is built on an over 100-year-old business model that focuses on delivering power from a centralized source to many …

Sunrun CEO: “Grandpa’s grid is not built to supply consumers what they need” Read More »

Maryland grant program will help minority- and veteran-led businesses go solar

Namaste Solar The Maryland Energy Administration today announced the opening of the new Fiscal Year 2025 (FY25) Commercial Solar Grant Program, which offers major incentives to Maryland businesses and organizations to help pay the costs of solar energy systems that benefit Maryland’s low-to-moderate income, overburdened and underserved communities. “The agency developed the Commercial Solar Grant …

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Software upgrade intended to speed interconnection could receive $49 million grant

Software firm GridUnity aims to reduce interconnection times for utility-scale solar by at least a year through its real-time communication platform that brings transparency to interconnection stakeholders. Three grid operators use an early version of the software. November 4, 2024 GridUnity, whose interconnection lifecycle management software is used by three regional grid operators, has been selected …

Software upgrade intended to speed interconnection could receive $49 million grant Read More »

Primergy closes $225 million in financing for solar-plus-storage portfolio

The financing includes a $125 million tax credit sale for Gemini, one of the largest solar-plus-storage facilities operating in the U.S. November 4, 2024 Primergy Solar, a developer, owner and operator specializing in utility-scale solar PV and battery storage projects across the U.S. announced the closing of $225 million in project financing for its Valley …

Primergy closes $225 million in financing for solar-plus-storage portfolio Read More »

Canadian manufacturer to make glass for solar panels in United States

Canadian Premium Sand (CPS), a glass manufacturer setting up in Canada to produce glass for solar panels, announced today that it intends to also start a pattern solar glass factory in the United States, capable of producing enough glass for 4 GW of solar panels annually. Credit: Oregon Department of Transportation CPS has been finalizing …

Canadian manufacturer to make glass for solar panels in United States Read More »

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