The Cadmium Telluride Accelerator Consortium, a new consortium managed by NREL and led by the University of Toledo, First Solar, Colorado State University, Toledo Solar Inc., and Sivananthan Laboratories, Inc., is being launched by the DOE. The goal of the $20 million initiative is to make cadmium telluride (CdTe) solar cells cheaper, more efficient and to also develop new markets for solar cell products in the US.
Congress creeps closer to passing the Inflation Reduction Act with Sen. Sinema’s agreement to support the bill. The bill comes with $369 billion in energy and climate spending, and Democrats are hoping to pass it via the budget reconciliation process. Sinema is still pushing for changes to some tax provisions.
Energy Toolbase, provider of a leading software platform with project modeling, energy storage control and asset monitoring for solar + storage, has added a new financing integration with Sustainable Capital Finance on their ETB Developer platform. Users can now instantly generate PPA financing quotes for C&I and nonprofit solar + storage projects without leaving the ETB platform.
The passage of the Inflation Reduction Act, expected to occur in the House on Friday, heralds very good things for equity in solar. Bloomberg asserts that it could mean a 50% ITC for putting solar in low-income areas and bonus credits for disadvantaged communities across the country. Enhanced incentives could impact communities of color, rural regions struggling with declining fossil fuel jobs, and more.
In this fifth video in the 6-part series on why nonprofits and their installers go solar with CollectiveSun, Nicole Withrow of CollectiveSun and Kerim Baran of SolarAcademy dig into the details of how the ownership transfer of a solar system occurs after 6 years (from CollectiveSun to the nonprofit). The video is below.
In this final video in the 6-part series on why nonprofits and their installers go solar with CollectiveSun, Nicole Withrow of CollectiveSun and Kerim Baran of SolarAcademy talk about the ins and outs of the CollectiveSun production guarantee and how it helps to ensure that the nonprofit gets maximum value. The video is below.