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Tag: energy

The tax code change unleashing $25B in clean energy investment

Tax credits are the driving force behind the Inflation Reduction Act’s unprecedented investment in clean energy. But there’s a catch to relying on tax credits: The amount of money a company can receive from them is limited to what it pays in taxes each year. In recent decades, a workaround that helps firms monetize a greater amount of tax credits … Continue reading “The tax code change unleashing $25B in clean energy investment”

GM PowerBank home energy storage arrives, could outflex Tesla

GM PowerBank home energy storage is now available as part of V2H bundles Two capacities offered—10.6 kwh and 17.7 kwh Automaker’s V2H bundles are now offered in all 50 states General Motors is now rolling out its PowerBank energy-storage battery packs, providing the first real competition to the Tesla Powerwall home energy-storage system directly from … Continue reading “GM PowerBank home energy storage arrives, could outflex Tesla”

Two years in, US clean energy manufacturing boom is still going strong

A sodium battery plant in North Carolina, a solar panel manufacturing facility in New Mexico, and a factory building electric sports cars in Virginia are among the $2.4 billion worth of new U.S. clean energy manufacturing projects announced in August. These investments are just the latest in the ongoing, multibillion-dollar wave of clean energy manufacturing activity spurred … Continue reading “Two years in, US clean energy manufacturing boom is still going strong”

A new green aluminum plant could bring jobs — and clean energy — to Kentucky

The coal-rich state wants to land the first new U.S. smelter in 45 years. But the deal won’t happen unless Kentucky can furnish lots of clean energy. Maria Gallucci is a senior reporter at Canary Media. She covers emerging clean energy technologies and efforts to electrify transportation and decarbonize heavy industry. ASHLAND, Kentucky — When John … Continue reading “A new green aluminum plant could bring jobs — and clean energy — to Kentucky”

California electric bill relief plan would gut low-income energy programs

This chart from the CPUC’s July report breaks out the proportion of the state’s three big utilities’ ​“revenue requirement,” or how much money they must bring in from ratepayers to cover their costs. The biggest increases are coming from distribution-grid investments, primarily driven by PG&E’s program aimed at burying power lines, clearing vegetation, and installing … Continue reading “California electric bill relief plan would gut low-income energy programs”

Paraclete Energy achieves cost-effective silicon anode materials

Paraclete Energy, a producer of silicon-based anode materials for the EV and battery markets, has reached a cost of $35/kWh for its SILO Silicon anode materials—below the typical cost of $53/kWh for lithium iron phosphate (LFP) batteries using graphite anodes. Paraclete Energy’s silicon anode materials offer specific energy of over 520 Wh/kg, exceeding traditional graphite … Continue reading “Paraclete Energy achieves cost-effective silicon anode materials”

Form Energy set to build world’s biggest battery in Maine

The Maine installation marks the first time that Form has chosen to develop its own project instead of contracting with a utility customer, and not coincidentally, it’s the most ambitious so far. “This is a very natural next step in terms of scaling up and deployments,” Jaramillo said, adding that it’s actually not a huge outlier compared with other … Continue reading “Form Energy set to build world’s biggest battery in Maine”

Startup nabs $60M for high-tech cables to help speed clean energy rollout

To help the energy transition happen faster, the high-voltage power lines crisscrossing the U.S. will need a high-tech upgrade. Recent federal and state regulations are calling on utilities to deploy a new generation of cables to get that done — and the companies making the necessary tech are gearing up to meet an expected increase in demand. … Continue reading “Startup nabs $60M for high-tech cables to help speed clean energy rollout”

Webasto boosts energy capacity of its battery system for commercial EVs

As part of a product update, German automotive supplier Webasto has increased the energy capacity of its traction batteries from 35 to 40 kWh. The new Standard Battery Pro 40 is the same size as its predecessor (960 x 687 x 302 mm), allowing it to fit seamlessly into installation spaces that already use the … Continue reading “Webasto boosts energy capacity of its battery system for commercial EVs”

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