The new rates will help to support the expansion of two of the utility’s prominent solar programs, 30-by-30 and the SolarTogether community solar initiative.
Also on the rise: Large format modules are gaining market share and presenting a new set of challenges, Honeywell and Duke will jointly test a flow battery, and Sunnova will offer EV charging through a partnership with ChargePoint.
The battery, which uses an electrolyte to convert chemical energy into electricity for storage and deployment, will begin testing in 2022 at Duke Energy’s Emerging Technology and Innovation Center in Mount Holly, North Carolina.
Also on the rise: Ohio officials approve more utility-scale solar, SCE will add 2,150 MWh of energy storage, and large format modules are headed for standardization in a move driven by a Chinese trade group.
The deal includes more than 800 MW of solar and solar+storage in four states.
The California utility contracted Ameresco to install the battery energy storage systems that are slated to be online next August.
Adding batteries to solar increases revenue in different ways in different places.
Also on the rise: Polysilicon prices are likely to stay high as a ‘crazy year’ extends into ’22, Hawaiian Electric is seeking energy and capacity, and the latest landfill-hosted solar array enters service.
Storage paired with solar must support the net nameplate capacity for at least four hours and support 365 full charge/discharge cycles each year.
Also on the rise: D.E. Shaw lines up financing for a 149 MW solar project, Sunnova prices its latest securitization, and DOE awards $40 million for solar innovation projects.
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