Tag: Inflation Reduction Act

Powin and BHE Renewables Partner on Major Solar and Storage Microgrid in West Virginia

Powin is collaborating with BHE Renewables to develop one of the largest solar and storage microgrids in the United...

US Department of Energy Backs Qcells’ $2.8 Billion Solar Manufacturing Expansion in Georgia

The U.S. Department of Energy’s Loan Programs Office (LPO) has announced a conditional commitment for a loan guarantee of...

US Community Solar Market to Reach 14GWdc by 2029 Amid Slowing Growth in Mature States

The U.S. community solar market is projected to reach over 14 gigawatts direct current (GWdc) by 2029, with more...

Global PV Tracker Shipments Surge 28% in 2023, U.S. Companies Lead Market

Global shipments of photovoltaic (PV) trackers increased by 28% in 2023, reaching 92 gigawatts (GW) direct current (DC), driven...

Biden Administration Announces $4.3 Billion in Climate Grants for 25 Projects

The Biden administration revealed on Monday the selection of 25 projects from 30 state, local, and tribal governments that...

Nordex Group Introduces 5MW Turbine for US Market

The Nordex Group has unveiled a new 5MW turbine variant, the N169/5.X, tailored to meet the specific needs of...

Intersect Power Secures $837 Million for Texas Battery Energy Storage Projects

Intersect Power LLC, a prominent US clean energy company, has confirmed securing USD 837 million (EUR 765.5m) in financing...

Solar Sector Records $16.6B Funding in H1 2024, Marking a 10% Year-on-Year Decline

Total corporate funding in the global solar sector, encompassing venture capital (VC), public market, and debt financing deals, reached...

U.S. Treasury and IRS Finalize Rules Boosting Clean Energy Tax Credits

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have issued final regulations to implement wage...

Biden Administration Unveils Rules for Clean Energy Subsidies to Boost Job Quality

President Joe Biden's administration has introduced final rules for new clean energy subsidies, aiming to make jobs and wages...

US, China, and UK Lead Global Rankings for Battery Energy Storage Investments: EY Report

According to the latest EY Renewable Energy Country Attractiveness Index (RECAI 63), the United States, China, and the United...

IATA Forecasts Tripled Sustainable Aviation Fuel Production by 2024

During the 80th annual general meeting held in Dubai, the International Air Transport Association (IATA) announced on Sunday that...