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A $1 billion solar + battery storage project just broke ground in Utah

Baua Electric

Renewables developer rPlus Energies has broken ground on one of the largest solar + battery storage projects in the US, in east-central Utah. EliTe Solar is supplying solar panels, and Tesla is providing battery storage. EliTe Solar is supplying solar panels, and Tesla is providing battery storage. GW of solar installed.

Utah 52
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Tesla Model 3 Long Range costs $3,200 more to finance than last week

Baua Electric

The 2024 Model 3 / Photo: Tesla Tesla scrapped promotional financing on the Model 3 Long Range this week after it became eligible for the $7,500 federal tax credit. The Model 3 Rear Wheel Drive still doesn’t qualify for the federal tax credit because it uses LFP battery cells from China. Get started here.

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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

Green Car Congress

The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. Assembled electric powertrains ready for installation into Lightning Electric Transit 350HD vehicles. —Tim Reeser, CEO of Lightning eMotors.

Battery 448
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FREYR Battery sanctions construction of its inaugural gigafactory, increases plant capacity to 29 GWh; $1.7B capital cost

Green Car Congress

FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway.

Norway 150
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PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART

Green Car Congress

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. and Dickenson Fleet Services to serve as a national service centers and installers.

Financing 218
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Volkswagen commissions fast-charging park with 570 kWh of second-life MEB cell modules

Green Car Congress

All cell modules in the PSC were formerly installed as batteries in pre-production models of the ID.3 Reusing batteries is important for the future and it’s closely linked to the acceleration in the trend toward electric mobility. —Karen Kutzner, managing director for finance and controlling at Volkswagen Sachsen.

Charging 334
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The US’s largest co-located solar + battery storage project is online

Baua Electric

Photo: Primergy The Gemini Solar + Storage project in Nevada – the US’s largest co-located solar + battery energy storage system – is now operational. NV Energy signed a 25-year power purchase agreement for the energy produced by the plant. billion in debt and tax equity financing for construction and development.

Solar 52