Green Hydrogen Project Worth $4 Billion to Come Up in Texas
U.S.-based industrial gases supplier Air Products and the utility and power generation company AES Corporation announced they would invest nearly $4 billion in a green hydrogen production facility in Wilbarger County ...
US Announces $350 Million for Long-Duration Energy Storage Demonstration Projects
The Biden-Harris Administration has announced a $350 million fund for Long-Duration Energy Storage (LDES) demonstration projects. These storage projects are built to deliver electricity for up to 10 to 24 ...
Daily News Wrap-Up: Indian Army Partners with Tata Power to Set Up EV Charging Points
Here are some noteworthy cleantech announcements of the day from around the world: The Indian Army collaborated with Tata Power through its ‘Go-Green Initiative’ to set up 16 electric vehicle ...
Primergy Solar Partners with CATL for $1.2 Billion Solar+ Storage Project in the US
Primergy Solar, a U.S.-based utility-scale and distributed solar and storage company has entered a sole battery supply agreement with Contemporary Amperex Technology Limited (CATL) to develop a 690 MW solar ...
Global Energy Storage Market to Grow 15-fold from 27 GW to 411 GW by 2030: BNEF
Energy storage installations worldwide are projected to reach a cumulative of 411 GW by the end of the decade, according to BloombergNEF (BNEF). In its 2H 2022 Energy Storage Market ...
US Pauses Circumvention Duties on Solar Panel Imports With Anti-Stockpiling Conditions
The United States has paused the imposition of anti-dumping and countervailing duty on imported solar cells and modules, which have been undergoing circumvention proceedings for two years. The U.S. government ...
US Mulls Invoking Defense Production Act to Spur Local Clean Energy Industry
The U.S. Department of Energy (DoE) has announced a request for information (RFI) inviting comments to determine how it can best utilize the Cold War-era Defense Production Act to spur ...
Orb Energy Secures $20 Million to Develop 25 MW Solar Park and Rooftop Solar Projects
Orb Energy, a vertically integrated provider of solar energy solutions in India, announced it had received a $20 million follow-on loan for a tenor of up to 10 years from ...
Suncor Energy Sells Wind & Solar Assets, Shifts Focus to Hydrogen and Renewable Fuels
Canadian integrated energy company Suncor has agreed to sell its wind and solar assets for C$730 million (~$537.61 million) to Canadian Utilities, an ATCO company. The acquisition includes a diversified ...
Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the US
In a significant development, President Joe Biden signed the 'Inflation Reduction Act of 2022,' which the U.S. House of Representatives and the Senate had passed. The Act addresses issues of ...
United States Added 13.4 GW of New Wind Capacity in 2021: Report
The United States added 13.4 GW of wind power capacity in 2021, with nearly $20 billion of investments in new wind projects during the year, according to the latest report ...
More Than Enough Land is Available to Support Solar, Wind Development in the US
The National Renewable Energy Laboratory (NREL) has released two new data sets containing 2,000 U.S. wind energy zoning ordinances and 1,000 solar energy ordinances at the state, county, township, and ...
US Added 955 MW of New Energy Storage Installations in Q1 2022
The U.S. energy storage market added 955 MW and 2,875 MWh of new installations across all segments in the first quarter (Q1) of 2022, taking the total grid-scale installations capacity ...
New York State Awards 1 GW of Solar Plus Energy Storage Projects to EDF Renewables
EDF Renewables North America, a wholly-owned subsidiary of the French utility EDF Group, announced that its three solar plus energy storage projects were awarded long-term contracts by the New York ...
President Biden Waives Duties on Solar Module Imports from Southeast Asia for Two Years
President Joe Biden has announced a 24-month duty exemption on solar modules and cells imported from Cambodia, Malaysia, Thailand, and Vietnam to ensure that the domestic solar industry has access ...
REC Silicon’s Revenue Surged 23% YoY to $34.6 Million in Q1 2022
U.S.-based producer of advanced silicon materials REC Silicon recorded revenue of $34.6 million in Q1 2022, a year-over-year (YoY leap of 23% from $28.1 million in the same period last ...
Solar Tracking Systems Company FTC Solar’s Revenue Dips 25% in Q1 2022
U.S.-based solar tracker systems provider FTC Solar recorded a revenue of $49.5 million in the first quarter (Q1) of 2022, a year-over-year (YoY) drop of 25%compared to $65.7 million in ...
Itron’s Revenue Dips by 9% in Q1 2022; Margins Reduce Due to Component Constraints
Itron, a U.S.-based energy and water resource management solutions provider, reported a revenue of $475.3 million for the first quarter (Q1) of 2022, a 9 % year-over-year (YoY) decrease compared ...
LG Announces its Exit from Global Solar Module Business, to Shut the Alabama Unit
South Korean tech giant LG Electronics has announced that it would exit its global solar panel business, a decision backed by its board of directors, following a comprehensive review of ...
Sale of Electric Cars Doubled YoY in 2021 Globally Reaching 6.6 Million: IEA
The sale of electric cars more than doubled to 6.6 million in 2021 compared to 3 million in 2020, accounting for 9% of the global car market, International Energy Agency ...
New York’s Distributed Solar Roadmap Aims at an Additional 4 GW by 2030
The New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (DPS) have submitted a comprehensive roadmap to expand the state’s successful ...
US-Based Power Utility Issues RfP to Acquire 250 MW of Solar Plus Storage Projects
Platte River Power Authority, a U.S.-based power utility company, has issued a request for proposals (RfP) to acquire 250 MW of solar and/or co-located battery storage projects. The last date ...
US Court Revokes Trump’s Decision to Reimpose Tariffs on Imported Bifacial Solar Panels
In a development that could have significant implications for the solar industry, the U.S. Court of International Trade (CIT) has overturned the Trump administration's decision to allow the reimposition of ...
US Solar Industry’s New Goal Increased from 20% to 30% of Power Generation by 2030
The Solar Energy Industry Association (SEIA) has increased its target for Solar+ Decade to account for 30% of overall power generation in the United States by 2030. The previous target ...
Ford, SK Innovation to Invest $11 Billion to Build Mega EV and Battery Facilities
Ford Motor Company and SK Innovation plan to invest $11.4 billion to develop electric vehicle and battery manufacturing facilities in the United States. The companies will form a new joint venture called BlueOvalSK ...
