Funding for solar inspection by drone, long-duration energy storage, and software for utilities
A roundup of recent funding in renewable energy and cleantech: Quidnet, DroneBase, Eos Energy, Urjanet, and Clir Renewables.
Morning Brief: Oil-rich Norway finds carbon capture too expensive, House’s $1.5T infrastructure bill packed with pro-solar provisions
Also in the brief: largest operational battery in the U.S., more futile carbon capture and more landfill solar
Proposed merger will make zinc battery developer Eos Energy a public company
Eos has executed a letter of intent for a merger with a SPAC — which would result in Eos becoming a publicly listed company. Investors seem fascinated by energy storage this year, the long-duration variety in particular.
Morning Brief: California’s solar mandate in action, Amazon’s $2B climate fund
Also in the brief: generational climate divide among Republicans, installing solar in the Alaskan tundra
Morning Brief: SEIA pushes for solar inclusion in infrastructure bill, 5% of global pv projects are nearing inverter end of life
Also in the brief: a letter calling for electric grid infrastructure, transportation and equity and environmental justice has been delivered to key members of the House, Clir Renewables has secured a $1.25 million loan with Silicon Valley Bank, 580 businesses call on congress to include clean energy in a the next stimulus package and more.
Bill Gates leads $10M investment in Quidnet’s long-duration geomechanical pumped storage
The year of living durationally — the holy grail of energy storage has always been low-cost and long-duration. Venture investors have started putting their money into novel, extended-duration storage technologies.
Energy job moves at Fluence, Avangrid, Sunfolding, Sunrun, juwi, BEI, Energy Foundation, Kanin Energy
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
Morning Brief: turn Rikers Island into a solar farm, Solar Frontier Americas changes name
Also in the brief: Morgan Solar has announced the sale of 13.6 MW of enhanced bifacial modules, FERC will hold two technical conferences in 2020, clean energy in a House infrastructure package and more.
Energy investment roundup: $50M for drinking water from solar-powered ‘hydropanels’
Also African microgrids, $200 million for solid-state batteries, $20 million for utility field safety, billions for infrastructure, and millions for deep tech.
KB Home is now installing SunPower’s building-integrated solar racking system on new homes
SunPower has captured more than 50% market share with new solar builds in the state.
