Photo: Mortensen The US battery storage market shattered deployment records across all segments in Q4 2023 – a 101% increase from the previous quarter. The US battery storage sector saw 4,235 megawatts (MW) installed in Q4 2023, according to Wood Mackenzie and the American Clean Power Association’s (ACP) latest “US Energy Storage Monitor” report. For the […]
The Independent System Operator-New England (ISO-NE) is warning that the batteries pushed by blue states in the region to prepare the grid for increased solar and wind generation may have significant trouble recharging in low temperatures. The grid operator could end up spending about $1 billion each year on transmission until 2050 to prepare the […]
Photo by Los Muertos Crew on Pexels.com China’s LONGi Group is laying off up to 30% of its workers to accelerate cost-cutting, according to Bloomberg. Staff reduction at LONGi Group started in November 2023, and this is an acceleration of layoffs, according to sources who had been briefed by senior management but asked not to […]
Hyundai introduced the original Ioniq in 2016 in three variants: hybrid, plug-in hybrid, and EV. The Ioniq 5 EV came along in 2021, but Hyundai only sold 153 Ioniq 5s to American buyers that year. That figure skyrocketed to nearly 23,000 units in 2022, making the Ioniq 5 the seventh-best-selling EV in the U.S. that year. Sales jumped […]
Across the U.S., batteries and green energies like wind and solar combine for major climate solution Santa Fe New Mexican
The federal solar tax credit for 2023 is 30% of the cost of the solar photovoltaic system installed on your property. You can claim this amount when you file your taxes in 2024. So, for instance, if the cost of the equipment and the installation came up to $25,000, your federal tax liability could go […]
