David Wagman
Solar gains a toehold at an iconic Oil Patch crossroads
Cushing is home to one of the world’s largest oil-storage tank farms, and is the price point for West Texas Intermediate crude, a global benchmark. A Tulsa company now plans to build 40 MW of solar capacity there.
Lending platform Mosaic adds $1.5 billion multi-year loan program
The new financing is expected to help more than 100,000 homeowners afford sustainable energy and home improvement projects.
Sunrise brief: On Earth Day, Biden pledges to cut U.S. emissions by 50% by 2030
Also on the rise: Recurrent Energy starts work on a 100 MW solar project for Entergy Mississippi, Elon Musk says that Tesla solar panels will only be sold with its Powerwall battery, FPL starts work on another solar project, and Atlas signs a BESS agreement with Hitachi ABB.
Energy transition jobs: SolarEdge, TVA, NYSERDA, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Americas set to lead global energy storage deployments, Wood Mac says
The U.S. tripled storage installations in 2020, accounting for 38% of new capacity, and is expected to lead future capacity additions.
Sunrise brief: Lightsource bp signs PPA for 375 MW of solar for Amazon project
Also on the rise: OG&E will double the capacity of its Choctaw Nation solar project, NorthWestern Energy plans to add a 50 MW BESS, Sungrow supplies inverters to an Iowa project, and Sunnova enters two new markets.
Texas is poised for major growth in solar energy, EIA says
Much of the new utility-scale solar will be in West Texas where transmission capacity that benefits wind resources is helping to spur solar development.
Citing increased threat, DOE launches a 100-day cyber security initiative
DOE reinstated EO 13920, and Energy Secretary Granholm said the U.S. faces a “well-documented and increasing cyber threat” from malicious actors.
Koch units sign on to green hydrogen project slated for Louisiana
The project is expected to produce the equivalent of 1,000 MW of green hydrogen produced by electrolysis and is part of a multi-year, $9.2 billion energy investment.
GM and LG Energy plan a $2.3 billion electric vehicle battery plant
The automaker’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400V battery packs and up to 200 kW fast charging capability.
