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Sunrise brief: Goldman Sachs invests $250 million in Hydrostor

Also on the rise: Nearly half of all new capacity added to the grid will come from solar. Washington community solar bill garners support. Optimizer manufacturer Alencon expands manufacturing and R&D facilities outside of Philadelphia. GoodWe rebranding reflects the ‘smarts’ in its inverters and storage technology. Three California community choice jointly issued an RFP.

Goldman Sachs invests $250 million in Hydrostor to advance long-duration energy storage projects

The investment is planned to support development and construction of Hydrostor’s 1.1 GW, 8.7 GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.

GoodWe rebrands as a ‘Smart Energy Innovator’

GoodWe’s new logo and slogan are intended to reflect the company’s increased commitment to harnessing smart technology.

Sunrise brief: With Build Back Better in the freezer, solar may heat up slower than previously expected

Also on the rise: Renewables forecast to provide 50% of power capacity in the U.S. by 2050. A close analysis of the new distributed solar policy in New York reveals just what it will cost residents. Appalachian Power reveals short-term energy plan in keeping with Virginia Clean Economy Act. New Mexico community solar act to be finalized in April.

New Mexico Community Solar Act receives public comment

The New Mexico Community Solar Act is expected to be finalized in April.

U.S. policies continue to drive solar PV and wind power markets

Renewable power held a 19% share of the total power capacity in the U.S. in 2020, according to GlobalData. This share is expected to increase significantly to nearly 50% by 2030.

Sunrise brief: Palmetto captures PV potential of roughly 75% of U.S. rooftops

Also on the rise: Aerial inspection and site data service provider, Heliolytics, acquired by NovaSource. Solar panel recycling firm teams up with Solaris. Investment gets Texas PV developer IndustrialSun ready for launch. Community solar moves forward in Illinois. International team of researchers develop solar-powered hydrogen energy platform.

Franklin Whole Home debuts smart energy storage system

The integrated battery and control system with built-in adaptive learning algorithms is inverter-agnostic, comes EV charger ready, and turns a home into a micro-grid when the grid is down.

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Recycle PV Solar and Solaris team up on PV recycling initiative

With Solaris providing the logistics and supply chain expertise, Recycle PV Solar ramps up its efforts to tackle the problem of decommissioned solar panels in the U.S.

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Sunrise brief: Ohio regulators set hearing for proposed 350 MW solar project

Also on the rise: PosiGen, a provider of solar PV and energy efficiency solutions to low-to-moderate income households announced the close of a $100 million preferred equity financing. iSun receives its largest order yet for solar canopies for EV charging stations. Recurrent Energy completes sale of Firefly Energy solar project in Virginia.  Solar Energy World, energyOrbit, and Fusion Fuel Green announce new hires.

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