Longroad Energy installing U.S.-made First Solar modules in Arizona solar-plus-storage plant
The 220 MWdc solar and 214 MWac / 855 MWh Serrano solar-plus-storage project will also feature Powin’s BESS, Sungrow inverters, and Nextracker trackers.
Gray skies over Californian solar
There may be a global solar boom but a drastic revision of California’s net metering program has ruptured the industry overnight and is affecting everyone from installers to financiers to makers of power electronics, as Tristan Rayner reports.
Decarbonized aviation attracts venture capital
Since 2016, some $2.4 billion worth of venture capital flowed to companies developing electric aviation and other air travel decarbonization technologies with a strong start in investment volume in 2024, according to Dealroom.co, a Dutch data and intelligence firm.
Group challenges anti-renewables messaging of 50-state policy network
The pro-renewables Energy and Policy Institute has challenged the state-level energy policy work of the State Policy Network, which reports annual revenues of $24 million and combined annual revenues across its 150 think tank members of $188 million.
Car batteries can optimize the power grid
Australian researchers have found that if 10% of vehicles are electric and utilize V2G connections, they could reduce peak electricity demand at local substations by 6% and save car owners hundreds of dollars per year on charging costs.
Sunrise brief: What happens to the IRA under a new administration?
Also on the rise: California has become rooftop solar and batteries NEM-esis. Renewable energy merger and acquisition opportunities for 2024. And more.
Lyten’s lithium-sulfur batteries to power Chrysler’s Halcyon Concept car
Lyten reports its batteries offer double the energy density of those made from traditional lithium-ion chemistries due to their graphene cell.
California has become rooftop solar and batteries NEM-esis
The transition to California’s new net metering, ‘NEM 3.0,’ regime was justified, in part, as a way to support residential energy storage installations but the state policy has pushed rooftop solar off a cliff.
Solar profits drying up
The Invesco Solar exchange-traded fund (ETF) under-performed the S&P 500 and Dow Jones Industrial Average (DJIA) stock indexes in January 2024. Jesse Pichel, a managing director at Roth Capital Partners, attributes this to logistics and apparent cashflow problems for some solar companies.
Renewable energy merger and acquisition opportunities for 2024
FTI Consulting said incentives in the Inflation Reduction Act could cause a “seismic shift” on the U.S. economy as a whole over the next 12 to 24 months.
