Electric Vehicle Chargers Spending to Hit $200 Billion by 2026: BNEF
Total investment in electric vehicle chargers is set to cross $100 billion in 2023, and the next $100 billion of spending is expected to be achieved within the next three ...
US-based Corporations Procured 20 GW of Clean Energy in 2022
Even as power purchase agreement (PPA) prices increased, corporations in the United States procured nearly 20 GW of clean energy in 2022. Cumulatively, 326 companies contracted 77.4 GW of clean ...
US Lawmakers Seek Repeal of Duty Waiver on Solar Panels from Southeast Asia
Seven months after President Joe Biden announced a two-year duty exemption on solar modules and cells imported from four Southeast Asian countries, a bipartisan group of Congressmen is seeking to ...
US Announces Funding for Community-Centered Clean Energy Programs
The U.S. Department of Energy (DOE) has released guidance for state, local, and tribal governments to apply for funding through the Energy Efficiency and Conservation Block Grant (EECBG) Program. This ...
Rising Renewables to See the US Cut Back on Conventional Power in 2023-24
The Energy Information Administration (EIA) has forecasted an increase in U.S. power generation from new renewable sources, primarily wind and solar, which would cut down on generation from coal-fired and ...
Renewable Energy Firm Silicon Ranch Raises $600 Million in Equity Capital
Nashville-based Silicon Ranch, a renewable energy developer, and battery storage solutions provider has conducted a $600 million equity raise to help accelerate its growth strategy for new projects and expand ...
Acciona Buys Seven Battery Energy Storage Projects with 1 GW Pipeline in Texas
Acciona Energía has acquired the 190 MW/380 MWh battery energy storage system (BESS) facility in Cunningham, Texas, U.S., from Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation ...
India’s Solar Module Exports to US Surge With Ban on Chinese Imports
India recorded a massive jump in solar module exports to the United States in the last quarter, which is attributable primarily to the latter's sanctions on Chinese imports. It has ...
US Finds Chinese Solar Module Manufacturers are Evading Tariffs
The U.S. Department of Commerce found that Chinese solar manufacturers are evading antidumping duty (AD) and countervailing duty (CVD) by assembling solar cells and modules in Southeast Asia before shipping ...
Fuel Cell Company Bloom Energy’s Net Loss Down to $57 Million in Q3 2022
Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, recorded a net loss of $57.07 million in the third quarter (Q3) of 2022, a 52% quarter-over-quarter (QoQ) decline. On a ...
Enphase Energy’s Revenue Jumps 81% to $635 Million in Q3 2022 on Strong Demand
Microinverter-based solar-plus-storage systems company Enphase Energy recorded revenue of $634.7 million in the third quarter (Q3) of 2022, a year-over-year (YoY) increase of 81% from $351.5 million. The numbers marked ...
Germany’s RWE Acquires Con Edison Clean Energy in $6.8 Billion Deal
Germany-based power producer RWE AG signed a purchase agreement with Con Edison to acquire all shares in Con Edison Clean Energy Businesses (CEB) for a purchase price based on an ...
A 10 kWh Battery Storage System Can Fully Meet Backup Needs of Three-Day Outage in the US
If heating and cooling loads are excluded from backup, small behind-the-meter Solar Photovoltaic plus Energy Storage Systems (PVESS) with just 10 kWh of storage can fully meet backup needs over ...
Falling Costs Drove Solar Installations in the US in 2021
Nearly 12.5 GW of new utility-scale solar capacity came online in the U.S. in 2021, taking the cumulative capacity to 51.34 GW across 1,131 projects. Falling costs drove the strong ...
US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs
The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
US Solar Panel Prices Dropped 11% in 2021 as Shipments Touched Record-high
The shipments of solar photovoltaic (PV) modules in the U.S. increased to a record electricity-generating capacity of 28.8 million peak kW in 2021 from 21.8 million peak kW in 2020, ...
Inflation Reduction Act to Help US Solar Installations to Triple by 2027: Report
Overall solar installations across all market segments in the United States are likely to triple in size, increasing from 129 GW to 336 GW in the next five years, a ...
US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs
The U.S. Department of Energy (DOE) has launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs – which together will ...
Daily News Wrap-Up: 2G Ethanol Plant Worth ₹9 Billion Inaugurated in Haryana
Here are some noteworthy cleantech announcements of the day from around the world: Prime Minister Narendra Modi inaugurated a 2G ethanol plant at Panipat Refinery in Haryana. The plant was ...
Fuel Cell Manufacturer Bloom Energy Records Net Loss of $118 Million in Q2 2022
Bloom Energy, a U.S.-based solid oxide fuel cells manufacturer, recorded total revenue of $243.24 million in the second quarter (Q2) 2022, a 6.4% year-over-year (YoY) growth compared to $228.47 million ...
Clearway Energy’s Net Income from Renewables Up 207% to $83 Million in Q2 2022
U.S-based clean energy company Clearway Energy Group (CEG) recorded a net income of $83 million from its renewable segment in the second quarter (Q2), a year-over-year (YoY) rise of 207% ...
US Forms $20 Million Consortium to Accelerate Research in Cadmium Telluride Solar Cells
The U.S. Department of Energy (DOE) announced the launch of a Cadmium Telluride (CdTe) Accelerator Consortium, a $20 million initiative aiming to rapidly reduce the cost of the second most ...
Longroad Energy to Invest $500 Million to Expand Wind, Solar and Storage Portfolio
U.S.-based renewable energy developer and holding company Longroad Energy Holdings has announced an equity investment of $500 million by MEAG, an asset management arm for entities of Munich Re, for ...
Residential Solar Firm Sunnova’s Revenue Surges 121% YoY to $147 Million in Q2 2022
Sunnova, a U.S.-based residential solar company, recorded revenue of $147 million in the second quarter (Q2), a year-over-year (YoY) leap of 121% from ~$67 million last year. The company attributed ...
Enphase Energy’s Revenue Surges 66% YoY to $530 Million in Q2 2022
Microinverter-based solar-plus-storage systems company Enphase Energy recorded second-quarter (Q2) revenue of $530.2 million, a year-over-year (YoY) increase of 66% from $316.05 million in Q2 2021. The company said that the ...
