Sunrise brief: Exponential growth for long-duration energy storage investment
Also on the rise: Solar power crosses the political aisle–$75 million for agrivoltaics research. Orsted to recycle all the solar modules in its U.S. portfolio. And more.
Exponential growth for long duration energy storage investment
A study by the Cleantech Group highlights the rise to $1.8 billion in investment in the technology. The U.S. Department of Energy envisions this growing to as much as $9 billion by 2030.
FEMA funds $97 million Puerto Rico microgrid with 15 MW solar, 12 MWh storage
The microgrid project is a rare example of the allocation of disaster relief funds for rebuilding Puerto Rico’s grid with solar and storage.
Texas Sunset Bill softens the blow from anti-renewables changes
Texas politicians and lobby groups came to a resolution late Sunday night, May 28, which amends recently filed legislation from SB 624 designed to set severe restrictions on the permitting of wind, solar and clean energy assets in the coming years.
U.S. clean energy market deployed 25.5 GW in 2022, third largest year on record
American Clean Power reported that 2022 had a 15% slowdown in installations, largely represented in the utility solar market, which had 13 GW fewer deployments in the year.
U.S. Government eyes $9 billion liftoff for long duration energy storage by 2030
The U.S. DOE has published a report outlining the requirements for LDES to achieve technical and financial self-sustainability by the end of decade. An estimated $6 billion to $9 billion dollars in capital investment would be necessary, potentially leading to 6 GW to 10 GW of project deployments.
Strata Clean Energy enters into 1 GWh battery storage tolling agreement with Arizona Public Service
In the tolling agreement, Strata will continue to own the Scatter Wash storage facility and APS, the buyer, will pay for the electricity used to charge the energy storage system.
Sunrise brief: President Biden vetoes legislation to repeal moratorium on solar tariffs
Also on the rise: Utility-scale solar interconnection costs up as much as 400%. Researchers assess degradation in PV systems older than 15 years. And more.
Mining operation to use solar-plus-storage project to offset 50% of energy usage
Imerys is partnering with TotalEnergies to install a 15 MW solar system and 7.5 MWh battery energy storage system for its Santa Barbara County, Calif. mining operations.
Matrix completes its first utility solar-plus-storage project in the U.S.
The project includes 140 MW of solar energy plus 80 MWh energy storage systems.
