U.S. DOE Announces $584.5 Million Loan Guarantee to Subsidiaries of Convergent Energy and Power Inc. to Build Solar PV and Energy Storage in Puerto Rico

Credit to Author: US Department of Energy| Date: Sat, 18 Jan 2025 04:50:26 +0000

Convergent will build and operate utility-scale solar-plus-storage in Puerto Rico, improving grid resilience and reducing costs for ratepayers. The U.S. Department of Energy Loan Programs Office (LPO) today announced the closing of a $584.5 million ($559.4 million in principal and $25.1 million in capitalized interest) loan guarantee to subsidiaries of … [continued]

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U.S. DOE Focuses on Energy Storage Manufacturability to Improve Production, Reduce Costs

Credit to Author: US Department of Energy| Date: Fri, 17 Jan 2025 04:58:25 +0000

DOE to fund $8 million for pre-production design innovations The U.S. Department of Energy’s (DOE) Office of Electricity (OE) today announced the Aligning Manufacturability & Pre-production Design (AMPD) for Storage Technologies Notice of Funding Opportunity (NOFO) for up to $8 million. This NOFO seeks to improve the manufacturability of energy … [continued]

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U.S. DOE Announces $289.7 Million Loan Guarantee to Sunwealth to Deploy Solar PV & Battery Energy Storage, Creating Wide-Scale Virtual Power Plant

Credit to Author: US Department of Energy| Date: Fri, 17 Jan 2025 04:57:39 +0000

Project Polo will deploy commercial-scale PV and storage to create integrated virtual power plants across 27 states. As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) today announced the closing of a $289.7 million loan guarantee to Sunwealth Holdco … [continued]

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Re-X Before Recycling Prize To Extend the Lifetimes of Manufactured Products

Credit to Author: US Department of Energy| Date: Wed, 15 Jan 2025 04:57:02 +0000

Ten teams receive a collective $1.5 million and Phase 3 opens to returning competitors. Latest Announcement The U.S. Department of Energy’s (DOE’s) Advanced Materials and Manufacturing Technologies Office (AMMTO) today announced the Phase 2 winners of the Re-X Before Recycling Prize, a competition to identify, prepare, and develop innovative ways to … [continued]

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Community Batteries — Will They Make A Difference?

Credit to Author: David Waterworth| Date: Wed, 15 Jan 2025 03:55:56 +0000

In Queensland, Australia, Energex has partnered with Origin to trial community batteries in Ipswich, near where my daughter lives. We took a drive to find them. On the first try, we were able to locate and photograph one of the pole mounted community batteries. “Energex is connecting up to 30 … [continued]

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This Is What’s Driving Growing EV Sales & Competitiveness

Credit to Author: Zachary Shahan| Date: Mon, 13 Jan 2025 23:25:01 +0000

As we’ve seen now, electric vehicles had healthy sales growth in 2024. Many companies actually had spectacular EV sales growth. Without a doubt, policies in certain countries help with this — because they force companies to actually try, and to be willing to produce and sell higher volumes of electric … [continued]

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ProLogium Unveils Fast Charging Inorganic Battery At CES 2025

Credit to Author: Steve Hanley| Date: Sat, 11 Jan 2025 01:42:55 +0000

South Korea’s ProLogium is at CES 2025 this week to introduce its 4th generation lithium ceramic battery (LCB) system, which it says can redefine the EV driving experience. The company says its new battery technology addresses many of the concerns electric car drivers experience every day — total cost of … [continued]

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Stakeholder Collaboration Powers Charging Microgrid & Expansion

Credit to Author: Michael Barnard| Date: Fri, 10 Jan 2025 04:46:26 +0000

Key Takeaways: Those benefiting from charging microgrids must spearhead their build Stakeholders must collaborate to share growth and revenues Use federal and state-level incentives to enhance bankability Edward Freeman, an American philosopher and scholar, is best known for his work in the field of business ethics and strategic management. In … [continued]

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US Focus On Domestic EV Battery Supply Chain Pushing Tesla to Move Supplies from China to US

Credit to Author: Zachary Shahan| Date: Thu, 09 Jan 2025 01:05:38 +0000

The most critical element of the Inflation Reduction Act of 2022 was the broad effort to bring manufacturing jobs back to the US, and especially cleantech blue collar (or “green collar”) jobs in the fast growing EV, battery storage, and solar industries. We’ve never had such serious and impactful reshoring … [continued]

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Solar and Storage Industry Statement on Final Rules for Technology-Neutral Energy Tax Credits

Credit to Author: Press Release| Date: Wed, 08 Jan 2025 04:44:46 +0000

Today the U.S. Department of the Treasury released final rules for the Section 48E technology-neutral energy Investment Tax Credit (ITC). Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA): “The United States must adopt an all-of-the-above energy strategy to meet surging demand … [continued]

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