The average price of lithium-ion battery packs stands at $152 per kilowatt-hour (kWh), reflecting a 7% increase since 2021. This rise, albeit slight from 2022’s $151/kWh, underscores the ongoing challenges in battery storage economics. [pdf]
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In total, across American homes, businesses, and utility-scale projects, the United States added 11.9 GW of battery energy storage in 2024, according to the Business Council for Sustainable Energy’s Sustainable Energy in America 2025 Factbook. [pdf]
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Since the official start of construction in February 2025, the project has progressed rapidly, aiming to become an advanced manufacturing base that integrates next-generation lithium battery technology R&D, authoritative battery product testing, and large-scale PACK system integration. [pdf]
As of the end of 2024, the United States had 239 gigawatts (GW) of installed photovoltaic (utility and small scale) and concentrated solar power capacity combined. [3] This capacity is exceeded only by China and the European Union. [4] [pdf]
Solar panels generate “free” electricity, but installing a system still costs money. A typical American household needs a 10-kilowatt (kW) system to adequately power their home, which costs $28,241 in 2025. That price effectively drops to $19,873 after considering the full federal solar tax credit. [pdf]
Swedish solar PV manufacturing startup Nordcell Group says it will build the world's greenest solar panel factory in Sweden calling it GIGA ONE. With an annual installed capacity of 1.2 GW, it says this will boost European solar panel production capacity by over 50%. [pdf]
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Panama formally inaugurated the Santiago Solar Park, a $70 million investment by the Naiad Renovables Group with a capacity to produce 86,333 megawatts peak (MWP), providing a new boost to renewable energy in this country, where the photovoltaic and wind energy segments accounted for 12.9% of total electricity generation in 2024. [pdf]
The latest Tier 1 Solar Panel List for 2025 is here. See which solar module manufacturers have earned Tier 1 status this year. The list is reviewed and updated every quarter to reflect the most current rankings. Interested in seeing which Tier 1 solar panels are currently available through RENVU? [pdf]
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The standard dimensions for industrial panels are about 78 inches by 39 inches. This size allows them to generate more power, typically between 350 to 400 watts per panel. For those looking for even more power, some panels go beyond the standard, incorporating more cells to boost output. [pdf]
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Serbia will have Europe’s first Lithium-Iron-Phosphate (LFP) factory. The Serbian battery manufacturer ElevenEs secured the investment from EIT InnoEnergy, a sustainable energy innovations supporter, to build a 100 per cent renewable energy-powered LFP battery factory in Subotica. [pdf]
Jacksonville, FL, United States [10 September 2024] – Saft, a subsidiary of TotalEnergies, has commissioned a new line at its Jacksonville factory in Florida to produce the lithium-ion (Li-ion) battery containers that form the heart of energy storage systems (ESS). [pdf]
Commercial solar panels typically measure approximately 77 inches by 39 inches, but the size can vary depending on the specific model and manufacturer. They are typically larger than residential solar panels, which allows them to generate more electricity. [pdf]
Volkswagen has taken a significant step towards energy self-sufficiency by installing one of Europe’s largest photovoltaic plants on the VW Poznań factory premises. With 25,000 modules and a total capacity of 15.2 megawatts (MW), the solar plant covers an area of 22 hectares. [pdf]
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