The U.S. Energy Department’s Loan Programs Office on Aug. 8 announced a conditional loan guarantee commitment of up to $1.45 billion to QCells, a crystalline silicon solar manufacturer, to support a solar supply chain facility in Cartersville, Georgia. The facility would be capable of producing 3.3 gigawatts (GW) of solar panels annually, which has the…...
The U.S. Treasury Department on Aug. 7 reported that over 3.4 million U.S. consumers benefited from $8.4 billion in tax credits to reduce the costs of clean energy and energy efficiency enhancements to their households during 2023. This is the first public release of data from 2023 tax filing displaying the benefit of clean energy…...
Hurricane Beryl, the first major hurricane of the 2024 Atlantic hurricane season, has brought new attention to the fragility of the Texas power grid and the pressing need to…Read the full report…...
Hurricane Beryl, the first major hurricane of the 2024 Atlantic hurricane season, has brought new attention to the fragility of the Texas power grid and the pressing need to strengthen utility infrastructure to ensure reliability. The hurricane made landfall in the Texas Gulf Coast, a key hub for the U.S. energy industry, on July 8.
The Texas Public Utility Commission has received 72 applications for funding via the Texas Energy Fund’s “In-ERCOT Generation Loan Program.” The applications request $24.41 billion to fund 38,379 megawatts (MW) of planned dispatchable electricity generation projects in the Electricity Reliability Council of Texas (ERCOT) region. The In-ERCOT Generation Loan Program, is one of four Texas…...
Recent policy and regulatory measures concerning competitive retail electricity markets are increasingly focused on enhancing oversight and transparency. New state actions strive to…Read the full report…...
Recent policy and regulatory measures concerning competitive retail electricity markets are increasingly focused on enhancing oversight and transparency. New state actions strive to strengthen these markets with improved regulatory oversight and consumer protections to prevent unsavory practices by competitive suppliers.
Pairing residential solar installations with battery storage has been increasing in California, according to a July 18 report published by the U.S. Energy Information Administration. As of April 2024, over 50 percent of residential solar photovoltaic installations were paired with battery storage, in comparison to around 20 percent during October 2023. Excess solar generated at…...
