JPMorgan Chase is devoting $200 million to remove and store 800,000 metric tons of carbon dioxide from the atmosphere in an effort to counterbalance their own operational emissions. They’ve signed big contracts with Climeworks, which operates the largest direct air capture site in the world, and Charm Industrial, which sequesters CO2 by turning biomass into an oil.
The NABCEP conference dug into building a resilient company in a tough market. The article wrapping it up divides it into people and products. Around people they discuss training, diversity, and maintaining appearances. Around products they talk about smart use of storage in sales and watching cash flow against sales projections.
Field service management can help manage field operations for O&M companies in three ways: better oversight over internal processes, better execution of PPM, and effective inventory management and document organization. The mobile component eases communication among back office, field staff and customers and grants techs greater agency in the field.
Enel North America has joined the steady stream of manufacturing companies building in the US in the wake of the IRA. Their 3-GW 2-million-ft2 solar cell and panel manufacturing facility will be in Inola, Oklahoma and is projected to support 1,000 new jobs and begin producing modules by the end of next year. Enel is investing $1 billion into the factory, and construction should begin this fall. The facility may scale to 6 GW of annual production in the near future.
The IRS has revealed requirements for clean energy projects to qualify for the 10% domestic content ‘adder’, or bonus credit, to the ITC. Energy storage projects need to be 40% US-made to qualify for the ITC domestic content adder, something that rises to 55% from 2027 onwards.
In this eighth of nine excerpts from a SunCast/SolarAcademy solar conversation between solar industry veterans Jon Bonanno, Kerim Baran, and CEO of Caelux Scott Graybeal, Scott talks about the potential for domestic manufacturing in America, particularly in light of the IRS. The video is below.
In the first of a ten-part (and second portion of a 3 part series) SunCast/SolarAcademy solar conversation solar industry veteran Jon Bonanno and Ted Thomas, founder of Energized Strategies and former chair of the Arkansas Public Service Commission, talk about the roles and responsibilities of public utility commissions, discussing their importance in ensuring fair and efficient energy regulation. The video is below.