LG reveals plans for US heat pump factory
LG Electronics North America has revealed plans to manufacture 100% electric heat pumps in the United States for the first time.
‘Least-cost’ model for compressed air energy storage
Stanford University researchers have created a model to assess how much compressed air storage capacity might be needed for the deep decarbonization of power systems, while compensating for the variability of wind and solar-based power systems. They applied the model to California’s energy system and found that compressed air could be very competitive on a dollars-per-kilowatt-hour basis.
The Hydrogen Stream: Global pipeline projects to surge by 2035, says Rystad
Norwegian consultancy Rystad Energy says that hydrogen pipelines will be “far better” than vessels at moving hydrogen over short- and medium-range distances in the years ahead.
Is it time to repower?
America’s booming solar industry has hit a major speed bump due to supply-chain disruption and the inflationary pressures driven by Covid, war in Ukraine, and trade restrictions with China. As a result, utility scale solar deployment dipped 40%, year-on-year, in 2022.
US manufacturer releases new dual solar optimizer
Enteligent, a residential PV solutions specialist, has introduced an optimizer model that can be paired with two solar panels. It claims that it features rapid shutdown and monitoring capabilities.
Global heat pump sales rose by 11% in 2022, says IEA
China sold the most heat pumps in the world in 2022, but Europe recorded the highest growth in overall sales, according to the International Energy Agency (IEA). It says Italy, France, and Germany accounted for almost half of all sales in Europe, and notes that air-to-water heat pumps were the most popular technology.
Tesla misses own expectations for Solar Roof deployments
Three years ago, Tesla said it expected to install 1,000 solar rooftop arrays per week, which would have amounted to 156,000 Solar Roofs in that time period. However, Wood Mackenzie reports that just 3,000 have been installed to date.
Canada formalizes 30% federal ITC credit, other incentives
Canada’s new policy plan mirrors the US Inflation Reduction Act (IRA), including two new input tax credits (ITCs) targeting clean energy and technology manufacturing that will remain at 30% through 2033, stepping down to 15% in 2034 before phasing out altogether after 2034.
New software modeling tool for agrivoltaics
Sandbox Solar, a solar developer and US federal grant recipient, has released a beta version of its software modeling tool for agrivoltaic power plants. It supports the design and optimization of solar panels, as well as the crops underneath.
Developer starts building 800 MW project with US components in Illinois
Swift Current Energy is set to begin construction on an 800 MW project by the fall of 2024.
