Taking a page from the solar PV and wind industries, the 247Solar Plant is modular and the majority of its components are mass produced and can be assembled at the site. March 14, 2024 Under development for more than a decade, 247Solar announced it is one step closer to commercializing its solar thermal electric generating …
247Solar closer to commercializing modular concentrating solar plant Read More »
From pv magazine 3/24 In California, which represents half of the United States residential solar market, the third iteration of net energy metering (NEM) rules has reduced the payments made for electricity fed into the grid from new residential solar arrays by 75%, drastically changing return-on-investment calculations. The “NEM 3.0” rules took effect on April …
pv magazine USA spotlights news stories of the past week including market trends, project updates, policy changes and more. March 8, 2024 Clean energy investment and green jobs: Since passage of the IRA, over $240 billion has been invested in clean energy manufacturing and infrastructure projects. This includes over $86 billion invested in nearly 300 …
A 2.6 MW solar project in Seguin, Texas will supply about 13% of electricity needs of Vitesco Technologies, an automotive supplier. March 7, 2024 A solar plant constructed as a partnership between global automotive supplier Vitesco Technologies, San Antonio-based Big Sun Solar and electric cooperative GVEC, is said to be one of the first three-party power purchase agreements in Texas. …
Texas manufacturer signs onto three-party power purchase agreement Read More »
Only weeks after Chinese battery and car manufacturers united as part of a government-led initiative to commercialize solid-state battery technology, South Korea’s Samsung SDI has confirmed its readiness to start mass production of its all-solid-state battery technology with an energy density of 900 Wh/L. March 6, 2024 As lithium-ion batteries continue to improve in terms …
Battery heavyweights reaffirm commitment to solid-state technology Read More »
From July 2023 through summer 2024, battery cell pricing is expected to plummet by over 60% (and potentially more) due to a surge in EV adoption and grid expansion in China and the U.S. March 6, 2024 We are in the midst of a year-long acceleration in the decline of battery cell prices, a trend …
Battery prices collapsing, grid-tied energy storage expanding Read More »
Looking back at the first full year since passage of the Inflation Reduction Act, the U.S. Solar Market Insight, Year-in-Review 2023 shows that the legislation has skyrocketed the industry and will have a lasting economic impact in terms of energy, jobs and investment opportunity. March 6, 2024 When President Biden signed the sweeping Inflation Reduction …
Solar now accounts for over 50% of new electricity capacity added to the U.S. grid Read More »
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Sunrise brief: Solar wins hundreds of millions in New England capacity payments Read More »
Solar projects totaling 16.6 GW won $3.58/kW per month in the 2027-28 NE-ISO capacity auction. March 4, 2024 The latest New England Independent System Operator (ISO-NE) capacity auction for 2027-28 concluded with coal failing to secure a spot, while solar, storage and wind all increased their market share. ISO-NE announced that approximately 950 individual energy …
Solar wins hundreds of millions in New England capacity payments Read More »
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry. March 1, 2024 From pv magazine global The Chinese Module Marker (CMM), the OPIS benchmark assessment for mono PERC modules from China was assessed at $0.110 per W, …
Module prices steady as market mulls price hikes Read More »
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