Energy Storage

The utility has announced three new, massive solar projects, set to be developed by subsidiaries of NextEra Energy Resources. With these projects confirmed, the utility has now secured roughly 1.4 GW of the 2.3 GW it is looking to bring on-line to replace its aging coal fleet.

Tesla’s solar and battery businesses show signs of life in another profitable quarter for the EV maker.

Henk Rogers, of Tetris Fame, talks shop about saving the planet, the future of energy storage in Hawaii and how a life-changing experience dictates how he tackles each day. Tam Hunt interviews the entrepreneur.

Executive moves in solar, storage, cleantech, utilities and energy transition finance.

In a report this May, the PEAK Coalition said that New York City’s gas peaker plants are “perhaps the most egregious energy-related example of what environmental injustice means today.”

“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.

Even the profitless fuel cell industry can launch a SPAC, cheered on by the current mania for hydrogen technology. Lots more in today’s brief.

An independent power producer, AEP OnSite Partners, will be the first to deploy Wärtsilä’s new storage product. The 9 MW/15.6 MWh battery system will respond to PJM market signals and reduce the city’s peak demand by about 9 MW, while saving $1 million per year in transmission and capacity costs

The utility is planning on replacing the San Juan coal-fired station’s 847 MW of capacity with 650 MW of solar generation and 300 MW/1,200 MWh of accompanying energy storage. The new plan all but kills a proposal from San Juan’s owner and the City of Farmington to add a carbon-capture retrofit to the station.

Executive moves in solar, storage, cleantech, utilities and energy transition finance.