Replacing Coal Plants With Renewables Is Cheaper 80% of the Time. About 80% of U.S. coal plants are now more expensive to keep running than to swap out for new wind and solar capacity, according to a report from Energy Innovation, a non-partisan climate and energy think tank…Read More…
U.S. solar industry unveils guidelines to free supply chain of forced labor
China, the world’s largest maker of solar products, denies all accusations of abuse. The top U.S. solar industry trade group on Thursday issued a set of voluntary guidelines to solar panel manufacturers that it said could help rid products installed in the United States of components built abroad with forced labor. Some U.S. lawmakers have […]
Solar tracker maker FTC Solar’s shares jump 17% in Nasdaq debut
Shares of FTC Solar Inc jumped as much as 19% in their Nasdaq debut on Wednesday, driven by rising investor interest in companies expected to benefit from U.S. President Joe Biden’s green energy initiatives. The solar tracker system provider’s stock opened at $15.21, up from its $13 initial public offering price, valuing the company at […]
Array Technologies Secures Contract for up to 4GW of Trackers
ALBUQUERQUE, N.M. : Array Technologies (NASDAQ: ARRY) (“Array”), one of the world’s largest manufacturers of ground-mounted systems used in solar energy projects, today announced it has been awarded a contract for up to 4GW of trackers from Primoris Services Corporation (NASDAQ: PRIM), a leading provider of specialty contracting services. The contract includes a commitment to […]
U.S. pledges to slash solar energy costs by 60 per cent in a decade
The cost of generating power from the sun has dropped more than 80 per cent in the last decade, making it competitive with plants powered by fossil fuels like coal and natural gas. The Biden administration on Thursday set a goal to cut the cost of solar energy by 60 per cent over the next […]
GM expected to announce Tennessee battery plant on Friday
The Detroit automaker has scheduled a news conference Friday morning in Nashville with CEO Mary Barra, Tennessee Gov. Bill Lee and senior leaders from LG Energy Solutions NASHVILLE, Tenn: General Motors is expected to announce Friday that one of its joint ventures will build a second U.S. electric vehicle battery factory in Spring Hill, Tennessee. […]
Our Garages Aren’t Ready For the EV Revolution
U.S. houses and apartments may need $39B worth of faster charging ports. Ford Motor Co.’s slick, new electric sleigh, the Mustang Mach-E, can be plugged into a standard electrical outlet like a 4,500-pound toaster. It’s a pragmatic trick, but not much more than that. It takes the machine 10 hours to draw enough juice to […]
Joint Statement on the U.S.-Iraq Strategic Dialogue
The delegation of the Republic of Iraq, led by Dr. Fuad Hussein, Iraqi Minister of Foreign Affairs, and the delegation of the United States Government, led by Secretary of State Antony J. Blinken, co-chaired a meeting of the Higher Coordinating Committee via video teleconference today, in accordance with the 2008 Strategic Framework Agreement for a […]
U.S. solar industry predicts installations will quadruple by 2030
The 324 GW of solar energy would produce enough electricity to power about 60 million homes, or around 40% of homes in the country today. Solar installations in the United States are expected to quadruple by 2030 thanks to the extension of a key industry subsidy late last year and booming demand for carbon-free power, […]
Biden faces key test on EV battery trade dispute
The Biden Administration, through the U.S. Trade Representative’s office, is set to decide as early as Friday whether to take the rare step of reversing the U.S. International Trade Commission (ITC), unless the Korean battery companies reach a last-minute settlement. WASHINGTON: U.S. President Joe Biden faces a Sunday deadline to decide whether to intervene in […]