Ryan Kennedy
Texas is the proving ground for a new way of electric grid operation
Texas is uniquely suited to adopt virtual power plant technology due to its competitive, deregulated market. Its success highlights the “perverse incentive” of vertically integrated utilities in other states to make capital expenditures without discretion to raise profits.
Battery energy storage tariffs tripled; domestic content rules updated
Breaking down U.S. market impacts on energy storage from recent policy changes with insights from Clean Energy Associates.
J.P. Morgan commits $680 million tax equity financing for solar and storage
The funds support project developer Ørsted’s portfolio in Texas and Arizona.
When is the next Aurora due and what’s the impact on solar generation?
In a new weekly update for pv magazine, Solcast, a DNV company, explains that the solar cycle does tend to increase the earth’s average annual extra-terrestrial irradiance, but only by a very small amount. It also explains that, while the annual cycle of extra-terrestrial irradiance causes a steady, predictable and significant 3.5% change through the seasonal cycle, the peak of the 11-year cycle of solar activity causes a smaller, more sporadic and unpredictable set of fluctuations.
California is now a batteries-included rooftop solar market
About 60% of customers have included battery energy storage with their rooftop solar installation, up from roughly 10% prior. However, a “sustained downturn” is expected for the market.
Bladeless wind energy innovation aims to compete with rooftop solar
A compact, “motionless” wind turbine with a magnetic generator designed for large commercial rooftops provides 5 kW of capacity per unit. Aeromine Technologies secured Series A funding for scaling its innovative design.
EV manufacturer Rivian invests in solar energy
Rivian will subscribe to community solar and purchase renewable energy certificates (RECs).
Market impacts from the recent flurry of solar policy actions
The U.S. had an extremely busy week of policy changes, including AD/CVD, domestic content, bifacial panel exemptions, and changes to 301 tariffs.
Qcells residential solar financing arm closes its first asset backed securities totaling over $250 million
Qcells residential solar finance platform EnFin secured an asset backed securities transaction totaling $252.86 million.
Minnesota legislature passes energy infrastructure permitting reforms
The legislation removes key roadblocks to the development of solar, wind and battery energy storage.
