Month: August 2022

BMR Energy gets to work on third solar project in U.S. Virgin Islands

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Logistics hub Ocean Point Terminals (OPT) will turn to BMR Energy to build a 10-MW solar project at the terminal in St. Croix, U.S. Virgin Islands. The facility will generate and deliver power to OPT’s marine logistics terminal and storage and blending complex, pursuant to a 20-year lease and operation and maintenance agreement. The facility will …

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Polysilicon price relief in 2023 as industry scales to 500 GW capacity

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CEA has suggested that solar wafer pricing will fall 23% by the end of 2023, while Bloomberg NEF sees 500 GW of manufacturing capacity online by the end of next year. August 30, 2022 Solar polysilicon has reached its highest pricing since 2011, when the price of polysilicon hovered between $60 to $80/kg for about …

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Dominion Energy Virginia taps Generac Concerto platform for DER management

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Dominion Energy Virginia has chosen Generac’s Concerto platform to manage the utility’s various distributed energy resources. Dominion will use Concerto for grid reliability purposes, in addition to creating value for consumers by enabling approved DERs to participate in existing programs or through the PJM wholesale electricity market. The Concerto platform can be used to access …

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Honda and LG team up to manufacture EV batteries in the U.S.

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LG Energy Solution and Honda Motor Co. announce a joint venture to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market. August 30, 2022 LG Energy Solution (LGES) and Honda plan to invest $4.4 billion and establish a new joint venture manufacturing plant in the U.S. that …

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First Solar will build its fourth U.S. solar panel factory in the Southeast

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First Solar is expanding its manufacturing operations in the United States outside of Ohio. The thin-film solar panel manufacturer today announced it will invest up to $1.2 billion for its fourth domestic factory in the Southeast. A specific location has not yet been announced, but First Solar said the site will have an annual capacity …

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BREAKING: First Solar to invest up to $1.2 billion in expanding U.S. solar manufacturing by 4.4 GW

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New 3.5 GWDC manufacturing facility planned in the U.S. Southeast; Ohio plant expands and gets a $185 million upgrade. August 30, 2022 First Solar, Inc. announced plans to invest up to $1.2 billion in scaling production of American-made solar modules, an investment that is forecast to expand the company’s ability to produce modules for the U.S. …

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Yotta Energy will use $1.23 million California grant to install solar + storage in low-income community

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Panel-level battery maker Yotta Energy has been award a $1.23 million grant from the California Energy Commission (CEC) to develop a solar and storage system to address energy inequality in lower-income areas. The project will include battery backup for a 11-story multifamily housing complex located in Santa Ana, California. In addition to economic benefits, the …

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CEC awards Yotta $1.23M to design solar + storage project in underserved community

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The California Energy Commission (CEC) awarded $1.23 million to Yotta Energy to develop a solar and storage system for a multifamily property located in Santa Ana, Calif. The project will benefit lower income residents, demo Yotta’s module-level battery technology. The project is scheduled to kick off in August 2022. Ahead of installing the solar + …

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Sunrise brief: EV battery manufacturing coming to America

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Houston area 113 MW, $160 million solar project achieves financing

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Monarch Private Capital announced it closed the tax equity investment in the Longbow Solar project, which is expected to reach operations this year. August 29, 2022 The Longbow Solar project has achieved financing, as Monarch Private Capital announced the closing of a tax equity investment in the Brazoria County, Texas solar site. The 113 MW …

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