US solar tracker company FTC Solar become the latest tracker provider to launch an initial public offering (IPO), aiming to raise up to US$423 million.
The US Department of the Interior (DOI) has established a new Climate Task Force to accelerate the adoption of renewable energy generation across the country and revoked several Trump administration policies promoting fossil fuels on public land.
The US’ fleet of solar and wind generation capacity is set to almost triple over the next decade, but even this is not enough to meet President Biden’s ambitious decarbonisation targets, according to a recent BloombergNEF report.
US President Joe Biden has heaped importance on clean energy research and development, arguing it to be pivotal to boosting the country’s economic recovery within a multi-trillion-dollar infrastructure stimulus package.
The US Department of Energy (DOE) has earmarked US$128 million to invest in research and development in a bid to bring the cost of utility-scale solar power down by 60% in 10 years.
The US will need “hundreds of gigawatts” of carbon-free energy installed within the next four years to meet its climate targets, new Energy secretary Jennifer Granholm has said.
Budget proposals out Monday enshrine AI and quantum science as "high priorities" for energy funding while otherwise outlining cuts to DoE and clean energy schemes.
Funding announced as congressional Democrats slam government for holding back more than a third of allocated energy efficiency funding last fiscal year.
Low-cost perovskite, cadmium telluride cells, PV field factories and grid integration of solar-plus-storage among research schemes bagging US$128m DoE funds after import barriers were tightened.
Rick Perry, the US Secretary of Energy, announced Tuesday that the US Department of Energy (DOE)will provide US$105.5 million in funding to support efforts to innovate solar energy technology.
