Inflation Reduction Act

Honeywell to Supply BESS of 124 MWh to US Virgin Islands

Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […]

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US Proposes Norms To Counter Chinese Domination In Battery Manufacturing

The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […]

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Swift Current’s 197 MW Castle Gap Wind Project Set Into Motion

Swift Current has announced that it has kickstarted operations of its 197 MW Castle Gap Wind Project established in Central Texas. The project supplies power to retail giant, Target Corporation. Swift Current and Target Corporation have forged a partnership by way of a virtual power purchase agreement. Presently, the wind project is generating enough energy […]

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TotalEnergies Starts 380 MW Utility-Scale Solar Plant with Battery Storage in Texas

French Energy major TotalEnergies has started commercial operations of Myrtle Solar, its utility-scale operated solar farm in the United States. Located south of Houston, Texas, Myrtle has a capacity of 380 megawatts peak (MWp) of solar production and 225 MWh of co-located batteries. With 705,000 ground-mounted photovoltaic panels installed over an area equivalent to 1,800 American football […]

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Solar Exports From India to USA Will Keep Rising Till 2025: IEEFA

A study by the Institute for Energy Economics and Financial Analysis (IEEFA) states that India’s solar photovoltaic (PV) module exports to the United States of America (the U.S.) are likely to keep rising for another couple of years before stagnating from 2025 and declining from 2027. It adds that following the implementation of the Inflation Reduction […]

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Qcells America Completes 2 GW Plant Expansion In US

Qcells, the clean energy solutions provider, has announced the successful completion of its Dalton, Georgia, factory expansion. Qcells added 2 gigawatts (GW) of solar capacity to Dalton, bringing the full factory’s output to more than 5.1 GW. The firms claims that the Qcells Dalton factory is the largest manufacturing plant of its kind in the Western […]

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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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