Energy Update
A silicon solar wafer manufacturer said it plans to build a 10 GW factory in the U.S.
CubicPV said it started facility design work, engaged with a construction management firm, and is in advanced discussions to site the facility.
The company said it expects to finalize a site choice during the first quarter, and begin construction soon after. Construction is anticipated to be completed in 2024 with the factory coming online in 2025.
Contributed by Aaron Halimi, founder and CEO of Renewable Properties
California just passed AB 2316 (Ward), a new community solar plus storage law that sets the stage for creating a viable community solar program for all Californians. But passing the law is only the first step. The next step is for the California Public Utilities Commission (CPUC) to design a program that attracts both community solar developers and subscribers.
Willie L. Phillips was named by the White House as acting chairman of the Federal Regulatory Commission. He is serving a term on the FERC that ends June 30, 2026.
Hannon Armstrong Sustainable Infrastructure Capital said it closed two new investments in grid-connected renewable energy assets developed, owned and operated by AES.
Canadian Solar said its storage business will provide up to 550 MWh of its utility-scale SolBank energy storage products to Pulse Clean Energy for various UK-based projects.
Under the agreement, CSI Energy Storage will provide commissioning services, along with long-term warranties and performance guarantees.
A wave of new planned electric vehicle battery plants will increase North America’s battery manufacturing capacity from 55 GWh/year in 2021 to nearly 1,000 GWh/year by 2030.
Most of the announced battery plant projects are scheduled to begin production between 2025 and 2030. By 2030, this production capacity will be capable of supporting the manufacture of roughly 10 to 13 million all-electric vehicles per year. The data were announced by the Department of Energy.
WASHINGTON (AP) — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions.
Contributed by Guohui Yuan, Systems Integration Program Manager, U.S. Department of Energy Solar Energy Technologies Office
SolarEdge Technologies said it will acquire the entire share capital of Hark Systems Ltd., a UK-based Software as a Service (SaaS) Internet of Things (IoT) platform. Hark’s customer base includes some of the largest supermarket chains in the UK.
Terms of the deal were not disclosed.
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