Energy Update
By Elizabeth McGowan, Energy News Network
Updates from utility regulators have advocates of shared solar cheering in the nation’s capital, but booing across the Potomac River in Virginia.
The U.S. Department of Energy (DOE) today announced a slate of new initiatives and $56 million in new funding to spur innovation in solar manufacturing and recycling.
According to the International Energy Agency, renewable electricity growth is accelerating faster than ever. Enhanced by national promises and COP 26’s climate goals, the international renewable energy output increased by 290 GW over the last year. The IEA estimates that the global renewable energy economy is on track to reach 4800 GW by 2026.
Contributed by Tim Hysell, CEO, ZincFive
A massive rooftop solar project has been completed at a health care distribution facility in Massachusetts.
The 6.7 MW DC system is located on the roof of Medline's 820,000 square-foot facility in Uxbridge, featuring 16,000 solar modules.
Powin, a manufacturer of battery energy storage systems, has raised $135 million in growth equity.
GIC, Singapore's Sovereign Wealth Fund led the investment, with participation from Trilantic Energy Partners North America and Energy Impact Partners.
A Rhode Island port is ready to support offshore wind activities.
The $83 million expansion and modernization of Pier 2 at Quonset's Port of Davisville is now complete.
WASHINGTON (AP) — Sen. Joe Manchin roiled his budget talks with Democratic leaders anew Wednesday, saying the latest inflation surge makes him “more cautious than I’ve ever been” about agreeing to federal spending increases that could drive consumers’ costs even higher.
By Abbe Ramanan, Clean Energy Group
In Episode 7 of the Factor This! podcast, Nextracker founder and CEO Dan Shugar explains his company's decision to invest heavily in U.S. manufacturing amid supply chain constraints and trade disputes facing the solar industry. Plus, he gives a sneak peek at Nextracker’s next manufacturing announcement.
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