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Cost and prices

Israel launches 300 MW solar-plus-storage tender

The Israeli government wants a 300-megawatt solar plant linked to large-scale storage in the Negev desert. Construction is planned for late 2021 and completion in 2023.

Morning Brief: City National Bank loans $15 million to Sonnedix, McCarthy hiring construction workers for Assembly Solar

Today in the brief: Maryland releases 1,800 acres of agricultural land for solar development, the San Diego Solar Experience returns for its fourth year, Sunverge raises $11 million, and more.

Green hydrogen backed by US solar firms 8minute and Intersect Power

Two solar firms have helped launch an industry group promoting green hydrogen, which is produced using solar or wind power. The group backs a Utah project that would use 30% green hydrogen in 2025 and 100% green hydrogen by 2045.

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Qatar’s 800 MW tender draws world record solar power price of $0.01567/kWh

The winning consortium was formed by French oil giant Total and Japanese conglomerate Marubeni Corp.

Idaho is stuck in residential solar limbo

In the wake of regulator’s rejection of Idaho Power’s proposal to decrease the net metering rate, customers looking to install PV in the near future are in limbo, with no indication of a new compensation rate in sight.

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2,000 gigawatts of solar power needed for 100% renewables

Stanford researchers have a plan that would balance 2,000 GW of solar capacity and 2,300 GW of wind power with 3,300 GW of battery capacity and a large amount of flexible load. Consumers would save 64% on total energy bills, partly from electrification of transportation and heating.

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Delmarva Power’s demand charges beaten by Delaware man

State regulators have sided with a man who filed a protest against the power company over an unlisted $500+ demand charge on his monthly electric bill.

Ten research teams aim for long-duration storage at 5¢/kWh

To get long-duration storage costs down to 5 cents per kilowatt-hour, research teams funded by ARPA-E are pursuing breakthroughs in flow batteries, hydrogen storage and other technologies—even thermovoltaics.

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Boulder, Pueblo, San Francisco pursue city utilities for clean energy, lower costs

Boulder sees a public utility as a way to reach 100% renewables, while San Francisco aims for 100% clean energy, and Pueblo expects 10% to 14% savings.

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BlackRock aims a $2.5 billion fund at commercial and industrial solar, wind, and battery storage

The good news is that the world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind, and energy storage projects. The bad news is that the $2.5 billion fund is a tiny fraction of BlackRock’s $6.96 trillion balance sheet and small change compared to BlackRock’s $17.5 billion investment in coal.

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