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
Carbon Capture and Synthetic Fuels
As we’ve noted in the past, the idea of capturing CO2 from the atmosphere is completely unfeasible, since 99.96% of the air around is something other than CO2 (mostly nitrogen). However, there are environments that change this equation radically, cement plants being one of them, where the concentration of CO2 emissions is as high as 30% (versus .04%).
Now, this brings the subject of synthetic fuels into the realm of possibility. Sure, if you want to make gasoline, diesel, and jet fuel, you’ll need two other things: hydrogen (which can come from electrolyzing water), and a considerable amount of energy, as these processes are heavily endothermic, meaning that energy must be supplied from external sources.
The good news is that we have enormous amounts of off-peak wind and nuclear that are wasted every day. Please see: Doty WindFuels.
Renewable Energy
What Trump Is Actually Doing
With each passing day, there are fewer and fewer American voters who believe the bullshit at left.
Is Trump working hard to stay out of prison? Enrich himself and his family? Of course.
Could be possibly care less about anything else? Obviously not.
Renewable Energy
Flagging Tourism to the United States
What’s the thought process of people in the rest of the developed world when it comes to visiting the U.S.?
Conversely, would you or I want to visit some country with a deeply corrupt regime that is systematically committing atrocities all around the globe, and whose leader is lining his pockets?
I’m glad I don’t own a resort in New England that counts on a flow of visitors from Canada. If I were a Canadian, I’d be thinking I’d rather visit hell.
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