US corporate funding for solar down 24% in 2024
Solar venture capital, mergers and acquisitions, and debt financing funding totaled $26.3 billion in the United States in 2024, says Mercom Capital.
The Hydrogen Stream: Algeria, EU nations plan Southern Hydrogen Corridor
Algeria, Austria, Germany, Italy, and Tunisia have agreed to develop the Southern Hydrogen Corridor linking North Africa and Europe, while Sungrow Hydrogen has signed a deal to supply electrolysis gear for ACME’s 320 MW green ammonia project in Oman.
Chinese PV Industry Brief: JinkoSolar, TBEA report lower profits
Five major Chinese PV manufacturers issued profit warnings this week.
US state attorneys general urge Congress to keep IRA clean energy credits
Seventeen US state attorneys general have urged Congress to retain clean energy tax credits, citing the Inflation Reduction Act’s (IRA) “catalytic” effect on economic growth, especially in Republican districts.
Designing solar project on challenging terrain: How tracker design choices impact project economics
The rapid growth in solar installations means many projects are on uneven terrain. In this webinar, Nevados experts will discuss optimizing designs and infrastructure for challenging sites to ensure successful project implementation.
The Hydrogen Stream: USGS unveils map of US geologic hydrogen resources
The US Geological Survey (USGS) has released its first map of potential geologic hydrogen reserves in the United States, while Plug Power has secured a $1.66 billion US government loan guarantee to scale low-carbon hydrogen production nationwide.
Chinese PV Industry Brief: Longi issues net loss warning for 2024
Longi has issued a profit warning for 2024, forecasting a net loss of up to $1.11 billion – a sharp decline from last year’s profit of $1.42 billion.
Fire at California’s Moss Landing battery plant triggers evacuation
The cause of the fire has not yet been determined, but an investigation will begin once the fire is extinguished.
Analysts warn of looming risks to US battery storage under Trump
Clean Energy Associates says it has identified five looming risks to the US battery energy storage industry, as analysts predict significant policy shifts under US President Donald Trump’s upcoming administration.
China begins building first GW-scale residential VPP
China is building its first gigawatt-scale residential virtual power plant (VPP) in Jiangsu province. The project will connect millions of high-power household appliances to a cloud-based energy pool to improve grid stability and boost renewable energy use.
