U.S. perovskite company Tandem PV has closed on the first half of a $12 million Series A raise after raising $6 million for building a pilot manufacturing facility in its headquarters of San Jose, California. The company will use this investment to manufacture its first commercial-grade tandem solar panels intended to equip customers with more …
As more and more industries rely on computers and internet accessibility, the risk of potential disruptions caused by hackers increases. It’s this risk that the Biden administration aims to make those in the energy sector aware of with a recent bulletin on Wednesday. The bulletin, released jointly by the Federal Bureau of Investigation, the National …
According to a new report released by the U.S. Energy Information Administration, almost half of the planned 2022 electric capacity additions in the United States are expected to be solar. With 46.1 gigawatts of new utility-scale electric generating capacity projected to be added to the U.S. power grid, the EIA’s Preliminary Monthly Electric Generator Inventory …
Amid coal shortages and new energy usage goals, factories in China have been forced to limit or completely halt production to comply with energy use limits. A new report shows just how these hurdles have impacted the nation’s overall production capabilities. On Thursday, a new report showed that Chinese factory production contracted in September for …
Last week, New York Governor Kathy Hochul announced that Canadian solar firm Ubiquity Solar Inc. will establish its first U.S. solar photovoltaic manufacturing center in the former IBM site located in Endicott, NY. The company is investing nearly $61 million into the project and expects to create up to 150 highly skilled jobs in the …
As green energy continues to grow in importance due to climate change concerns, some nations are looking for new ways to encourage domestic green energy production. In the U.S., a new proposed bill could help drive up both domestic manufacturing and new offshore wind deployment. On Thursday, Senators Cory Booker, Elizabeth Warren, Robert Menendez and …
This past Wednesday, Hanwha Cimarron LLC announced their new plans to invest $130 million into building a new manufacturing facility in Opelika, Alabama. The company, which produces filament-wound carbon fiber tanks and pressure vessels, expects that the new facility will lead to the creation of over 260 new jobs. Hanwha Cimarron was formed in December …
As the shift to renewable energy sources continues, many industries such as solar power are planning to see new increases in production and overall business. However, there is one sector which is seeing rapid growth thanks to a government agreement: offshore wind. On Tuesday, the White House announced that a new agreement had been reached …
As green energy sources become more popular, it’s expected that solar and wind energy will see a major ramp up in the near future. In turn, this could create rather lucrative construction opportunities. One state in particular which is aiming to take advantage of this is New Jersey, where construction on what will be the …
The Department of Energy just announced plans to invest nearly $53 million into helping manufacturers shift towards more environmentally friendly methods of production. Now, the Department has announced its intentions to do the same in the energy sector, with new investments aimed at improving the American power grid. The Department stated on Wednesday that they …
