Anne Fischer
US-based Inlyte Energy secures $8 million for iron and salt batteries
Inlyte Energy aims to develop grid batteries with sodium metal halide technology, backed by $8 million in seed funding, the recent acquisition of Beta Research, and a collaboration with At One Ventures.
U.S. government announces tax credit boost for solar projects serving low-income, tribal communities
Applications are now open for the Low-Income Communities Bonus Credit Program supported by the Inflation Reduction Act. The program’s goal is to expand access to low-cost and clean energy for underserved communities.
Qcells expands $2.5 billion US solar factory
Qcells has expanded its $2.5 billion solar factory in the US state of Georgia. The move is the first phase of its factory expansion plans, increasing module production capacity to more than 5.1 GW.
Plus Power raises $1.8 billion for US energy storage facilities
Plus Power has raised $1.8 billion to construct battery energy storage system (BESS) facilities in Arizona’s Salt River Project and the ERCOT market in Texas.
Canada’s largest behind-the-meter solar project
Construction has started on two solar projects in the Canadian province of Alberta, including one with a flow battery energy storage system.
Big solar projects have no negative impact on property values, says US study
A new study commissioned by Conservative Texans for Energy Innovation, Advanced Power Alliance and the Solar Energy Industries Association looks at market trends near six utility-scale solar projects.
US solar construction costs fell amid pandemic, says EIA
PV module prices have fallen since the start of the pandemic in 2020, reaching a global two-year low in April 2023, according to the US Energy Information Administration (EIA). In the first two months of this year, average PV module prices in the United States stood at $0.36/W (DC), down 11% on a quarterly basis.
Toledo Solar, First Solar reach agreement in lawsuit
Toledo Solar and First Solar have reached an agreement in their lawsuit, but details of the settlement remain confidential. Toledo Solar has also revealed the formation of a new investor-led independent board of directors and leadership team.
Honeywell invests in US iron flow battery specialist ESS
Honeywell purchased $27.5 million in ESS common stock and intends to purchase $300 million in ESS product, with $15 million prepaid. The collaboration enables Honeywell to integrate ESS technology into its global offering, and ESS gains license to Honeywell’s flow battery intellectual property.
Heat pump adoption in Canada
The Canadian Climate Institute has released a report that explains how to unlock lower-cost heating and cooling in Canada. It outlines barriers to adoption and makes recommendations to streamline the loan and grant application process.
