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The latest batch of energy yield results from the outdoor test field at Xi’an, China are out.
Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
Also on the rise: TVA allows local power companies to charge new fees to solar customers, Southwest Power Pool launches an imbalance market, and J.D. Power rates EV charging satisfaction.
The utility has launched a new program, Quick Connect, aimed at accelerating the process for turning on new residential solar systems.
Also on the rise: A coalition of 600 groups urges President-elect Biden to halt utility service shutoffs due to the pandemic, Harrison Street expands its solar owneship portfolio, and a Florida real estate developer eases its way into the solar sector.
For the first time since LevelTen Energy began tracking the market, solar PPA offer prices rose in 2020, with Q4 2020 prices 11.5% higher than a year earlier.
The company closed a tax equity deal with Franklin Park Infrastructure that will help it add solar capacity in a challenging urban environment.
Distributed Solar Development built the Baltimore carport and will deliver the home furnishings giant’s other projects in Maryland and California.
Also on the rise: Plug Power plans a $290 million green hydrogen plant, and Argonne National Laboratory has a small-scale climate model that can help pinpoint risks to solar farms and other infrastructure assets.
Installed by D3 Energy, the 250 kW system is one of only a few floating PV systems in the country.
As the FPL subsidiary continues its parent’s solar push, 150 MW of solar and 409 MW of storage are set to come to the Sunshine State.
The analysts assessed the current state of reuse and recycling of large-format lithium-ion batteries used in EVs and battery energy storage and found there is plenty of room for improvement.
The Chinese PV manufacturer called storage the “only solution” that can support a major transition to renewable energy effectively.
A coalition of clean energy CEOs dubbed the October 2020 proclamation “ill conceived” and called for a repeal in order to restore certainty to the U.S. solar market.
Also on the rise: Partners target battery weight in commercial EVs, Complete Solar becomes more complete, drivers can get a Slurpee and a jolt at a PG&E-backed charging location, and JinkoSolar inks a silicon supply deal.
Imports from South Korea and the U.S. dwindled, year-on-year, ensuring Germany’s Wacker and the Malysian unit of Korean company OCI will supply the bulk of the world’s non-Chinese solar polysilicon this year.
Clean energy advocates praised the utility commission’s ruling as a major victory. Some regulators, however, suggested they may be open to similar fees in the future.
The solar industry has already begun to celebrate the confirmation of a secretary self-proclaimed to be obsessed with creating good-paying clean energy jobs.
GMP said Panton is the perfect place for this project because it leverages the utility’s existing 4.9 MW solar facility with utility-scale batteries already up and running in the town.
Also on the rise: Altus Power plans more community solar on O’ahu, Wells Fargo passes $10 billion in tax equity investment for renewables, and Enphase Energy plans to issue $1 billion in senior notes.
A new report says that the state’s investor-owned utilities charge residential electricity customers much higher prices than are paid in most of the country, impacting low- and moderate-income people the most.
Also on the rise: Volta Energy fund nets $72.6 million for battery and storage startups, and Brooklyn libraries add rooftop solar to power safe-haven emergency services.
Grid planning fails to consider extreme climate scenarios that a resilient grid needs to handle, said EPRI’s president and CEO. “Traditional planning processes do not represent how resources actually perform under extreme conditions.”
Data firm Lium concluded that ERCOT “probably needed at least another 17 GW of generation” to meet demand as cold winter weather settled in over the state.
Also on the rise: ERCOT orders rolling blackouts as 30 GW of resources are forced out, PNM shareholders OK merger with Avangrid, location is key when talking about DERs, and Dominion claws back from a big ice storm.
The Biden administration and Democratic leaders on Capitol Hill are moving quickly to advance energy and climate initiatives. To sweeten the pot, ARPA-E is offering $100 million in funding.