Morning Brief: a massive battery ready to break ground, Vectren looks to cut net metering
Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.
Distributed storage could save Texas $344 million per year by deferring transmission and distribution costs
Adding enough distributed storage to reduce peak demand by 20% could defer up to one-fifth of the transmission and distribution expenditures in Texas for about 10 years, a study found. Other states may find the study’s analytical insights to be useful.
Form Energy claims its aqueous air battery provides 150-hour duration storage
The holy grail of energy storage has always been low-cost and long-duration. Form Energy intends on deploying a 1 MW/150 MWh system with a Minnesota utility before 2023, an unprecedented energy storage duration if successful.
SunPower had a ‘solid’ Q1, finds hope for May and June after a difficult April
It’s solar earnings season and there’s a clear, non-surprising theme: The first quarter was strong and largely unimpacted by the pandemic, but the second quarter and 2020 as a whole is uncertain.
Morning Brief: Financing for a 200 MW project, EDP agrees to a power contract
Also in the brief: solar on schools in Virginia and a Hawaiian microgrid.
1 MW battery system meets the challenge of supplying power to a remote Alaskan community
Cordova, Alaska, a small fishing community in a remote part of Prince William Sound, has been able to find long periods of fossil fuel independence thanks to a new battery system developed by Saft.
SolarEdge reports record revenue, yet Covid looms over residential PV for the next two quarters
Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.
Morning Brief: massive PacifiCorp renewable energy RFP excites developers, China’s energy storage boom falters
Also in the brief: First Solar will supply Geronimo Energy with 415 MW of Series 6 modules, a D.C. circuit court hears about a vital FERC energy storage order, the Midwest Solar Expo will not be postponed and more.
Sunrun weathers Covid for a strong Q1
The company reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. And while the company has remained strong throughout the Covid-19 pandemic, additional sales decreases loom in Q2.
SunPower accesses $1 billion in residential solar and storage loan capital from Tech CU
Despite the pandemic, capital is still pouring into solar.
