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$10 billion in government loans announced for EV companies

The DOE announced a $1.25 billion loan for EVgo to build fast chargers, along with $9.6 billion for Ford and battery manufacturer SK to construct three battery factories. December 17, 2024 The U.S. Department of Energy’s Loan Program Office (LPO) has finalized two loans totaling more than $10 billion to support the burgeoning electric vehicle …

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Basel III Endgame shouldn’t dim the future of renewable energy financing

When international regulators drafted the Basel III Endgame regulations as a response to the 2008 financial crisis, they aimed to curb risky bank investments, but their one-size-fits-all approach threatens to dismantle the traditional tax equity structure and has created a wave of concern that has swept through the renewable energy industry, among financial institutions and …

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Sunrise brief: Vista Sands 1.3 GW solar project approved in Wisconsin

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New Lumin smart panel adds energy management capabilities

Lumin announced the early-access release of its latest innovation, Panel Guard. Designed to meet the increasing demand for an electrified lifestyle, Panel Guard marries intelligent energy management with the circuit-level visibility and control offered by the Lumin Smart Panel. By dynamically managing loads to stay within the home’s electrical limits, it eliminates the need for …

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EV charging microgrid project powered by lead batteries

From ESS News Battery manufacturer GS Yuasa has teamed up with Siemens and United States-based energy utility Ameren on an innovative managed electric vehicle (EV) charging and microgrid platform. The energy storage system is powered by stationary lead-acid batteries, with solar panels soon-to-be integrated. The 1MWh microgrid includes GS Yuasa’s advanced nano-carbon lead batteries capable …

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New installation projects for U.S. Army, New York community solar

Two 6.5 MW projects located on the Fort Johnson U.S. Army installation are underway, and a new 5 MW community solar project in New York is complete. December 16, 2024 The U.S. Army and New York community solar are progressing toward their goals with recent installation projects by Onyx Renewables. The projects include two 6.5 …

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Camp Pendleton bags $42 million for zinc-ion battery storage

Awarded by California’s Long Duration Energy Storage program, the grant will enable International Electric Power to install six megawatts of storage at one of the country’s busiest installations. December 16, 2024 Zinc-ion batteries just got a big boost. A $42 million battery storage grant is headed to San Diego’s Camp Pendleton, one of the country’s …

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Vista Sands 1.3 GW solar project approved in Wisconsin

After extensive environmental review, Doral Renewables’ Vista Sands Solar project is now praised for the potential for this to be one of the most beneficial and impactful projects in Wisconsin. December 16, 2024 Situated on 8,500 private acres in Portage County, Wisconsin, the Vista Sands Solar Farm project had run up against much public opposition, …

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Not enough US solar panels are being made for federal government needs

The U.S. government is now accepting comments on a proposed waiver to the Build America, Buy America Act. The Depts. of Energy, Agriculture, and Housing and Urban Development, along with the Environmental Protection Agency, have all proposed a one-year waiver of the manufactured product requirements for domestically assembled solar panels used in federal infrastructure projects. …

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