The Department of Energy’s Loan Programs Office (LPO) has made a conditional commitment for a $1.45 billion loan guarantee to Qcells.
The loan guarantee will support the company’s solar supply chain facility in Cartersville, Ga., which is slated to produce ingots, wafers, cells and finished solar panels.
Once fully operational, the facility is expected to produce 3.3 GW of solar panels annually.
Qcells’ other solar factory, opened in 2019, is located one hour north of the facility site in Dalton, Ga.
Projects like the one announced today will benefit from the Section 45 Advanced Manufacturing Production Tax Credit, also known as 45X, created by President Biden’s Inflation Reduction Act.
The loan guarantee would be offered through LPO’s Title 17 Clean Energy Financing Program, which includes financing opportunities for innovative energy and supply chain projects and projects that reinvest in existing energy infrastructure.
The post DOE to Finance Qcells’ Georgia Solar Manufacturing Facility appeared first on Solar Industry.
Renewable Energy
Philosophy on the Decline
At left is a good example of what I mean by: “The last 150 years hasn’t been good for philosophers.”
In the late 19th Century, a question like this was the purview of philosophy. Now it’s the domain for neuroscientists.
Similarly, the question: “what are the ultimate building blocks of the universe” was fodder for everyone from the ancient Greek philosophers up to the far more recent metaphysicians. Now we ask particle physicists.
Renewable Energy
Joke on MAGA Attire
This is funny, but in actuality, sane people don’t physically attack the MAGA crowd; in fact, we don’t even make snide comments.
We keep our thoughts to ourselves. We may feel sorry for these people’s moral depravity and/or stupidity. We may be angry that the country that was once the envy of the world is now viewed with ridicule and disdain in its path to become irrelevant in global affairs.
But messing with hateful morons in red hats isn’t helping anyone.
Renewable Energy
Trump Campaigns for the Nobel Peace Prize
Here’s the latest on Trump’s efforts to be awarded the Nobel Peace Prize, while waging an aggressive war in Iran, executing people he suspects of carrying drug off the coast of Venezuela, pledging to take over Cuba, and annexing Greenland from a (former) ally.
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