We need multiple strategies to ensure Hispanic and other minority communities benefit from and are involved in shaping how energy is built and used.
Also on the rise: REV Renewables gains a South Korean investor, Distributed Solar buys a community solar portfolio, and researchers investigate LID triggers in solar cells.
The deal will include a $300 million to $400 million investment to support REV’s portfolio of renewable power and energy storage projects.
Heliogen’s technology is a modular concentrated solar energy system that will use computer vision software to align mirrors to reflect sunlight to a single target on the top of a solar tower.
Light-induced degradation (LID) shaves the efficiency of silicon solar cells by about 2%, which adds up to a significant drop in power output over the lifespan of the technology deployed in the field.
Also on the rise: SolRiver Capital buys an Oregon solar development portfolio, Swell Energy expands its distributed power plant model, and a shift in focus is coming to a DOE loan program.
Solar and wind will grow, but coal will again be cost competitive, reversing what EIA said was a trend observed over recent decades.
The Oregon utility said that as much as 25% of peak demand power in 2030 could come from customer-owned solar panels, batteries, and electric vehicles.
The Louisiana project is expected to create 170 permanent jobs and represents Air Products’ largest-ever investment in the U.S.
Swell will use its Distributed Power Plant model to establish up to 45 MWh of behind-the-meter solar powered energy storage for Redwood Coast Energy Authority.