The program will offer low-interest loans to manufacturers investing in solar, battery storage, and advanced manufacturing technologies as the state targets 75% renewable electricity by 2030-31
The UK allocates £100 million for social housing solar and establishes a £2 billion Energy Wealth Fund, while cutting the Warm Homes Plan by £1 billion
Sungrow joins RMB 1 bn energy storage fund; Hubei targets 85 GW of wind & solar by 2030; September solar cell output down 5.1% YoY; MIIT sets 2030 industrial carbon- & energy-intensity targets.
Solar and hybrid projects accounted for 11 of 12 generation projects reaching FID, while utility-scale batteries added 7.1 GWh of storage capacity, according to the Clean Energy Council
Solar and battery growth helped lower summer wholesale electricity prices in California and Texas between 2021 and 2026, saving an estimated $6 billion even as power demand rose, says SEIA