Energy storage appears to be fully charged for exponential growth
Lithium-based energy storage volumes are expected to grow by multiple orders of magnitude in the coming years, with a 1,000% capacity increase by 2023.
Residential solar pricing down 6.3%, hints of greater drops coming
Residential solar installation price declines have accelerated over the past year. However, energy storage pricing has gone up, with Enphase taking an increasingly larger share of the market.
EVE to supply Powin with 1 GW of battery cells
The cells will be used in Powin’s Stack360 storage product, with the first units slated for delivery in later this year.
NextEra will build a solar + storage project with Salt River Project as offtaker
Construction work could begin this fall and the capital investment is pegged at $600 million. Around 17 full-time jobs will be created once the array enters service.
Sunrise brief: Bill Gates-backed battery startup secures $144m in funding
Also on the rise: LS Power launches Rev Renewables, El Paso Electric issues an RFP for renewables, and Biden’s infrastructure agenda clears one big hurdle but faces still more.
LS Power launches Rev Renewables business unit
Rev will take over LS Power’s 2.4 GW portfolio of operating solar, storage, and wind projects.
Ambri secures $144 million for liquid metal battery commercialization
The company plans to commercialize its calcium-antimony liquid metal battery chemistry and open manufacturing facilities to deliver projects in 2023 and beyond.
Sunrise brief: Heliene adds a solar module factory in Florida, eyes Minnesota expansion
Also on the rise: Recurrent Energy signs solar + storage deal with PG&E, a city in Maine puts the brakes on solar, and vehicle-to-grid still has a ways to go.
Vehicle-to-grid inches closer to reality, but barriers remain
V2G tech could offer low-cost energy storage at a huge scale, but many barriers must be overcome.
Recurrent Energy signs deal with PG&E for energy storage capacity
The 350 MW / 1,400 MWh Crimson project will be one of the largest battery energy storage projects in the world when it comes online beginning in summer 2022.
