Sunrun to acquire Vivint Solar for $3.2 billion in all-stock transaction
The new, bigger Sunrun will have 500,000 customers and more than 3 GW of solar power assets. Is there value in scale in residential solar?
Solar and storage venture capital and finance roundup
Plus a bunch of investments in carbon capture.
Morning Brief: Navajo Transitional Energy proposes 200 MW of Solar, Florida adds 150 MW
Also in the brief: battery energy storage is getting cheaper, but how much deployment is too much? GCube Insurance is issuing a renewed warning to renewable energy asset owners about cyberattacks, REC Group’s flagship REC Alpha solar panel has won the Intersolar Award 2020 for photovoltaics, and more.
Morning Brief: Tucson Electric Power aims to add 1.4 GW of storage, Standard Solar secures $105 million
Also in the brief: Bank of America signs its first PPA, CS Energy has completed a 33 MW portfolio of solar projects in Texas, RP Construction Services and RECON partner to build tracker projects and more
Ikea invests more in solar by the day
The Swedish furniture giant has announced it will be turning one of its Australian superstores into its first 100% renewably-powered solar + storage retail project. Australia is also home to the company’s first expansion of its retail solar offering, Solstråle.
What’s going on in the world of thermal energy storage?
Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
Real-time pricing that integrates more solar power is proven to work in California
Industry participants noted the significance of a real-time pricing project on a single distribution circuit in California. State officials are evaluating real-time pricing as a means to help integrate more solar and wind power on the grid.
Job Moves: Amazon, DOE, Alphabet, Pattern Energy, SolarEdge, Recurrent, Brookfield, Southern Power, RMI
Executive moves in solar, storage, cleantech, utilities and energy VC
Funding for solar inspection by drone, long-duration energy storage, and software for utilities
A roundup of recent funding in renewable energy and cleantech: Quidnet, DroneBase, Eos Energy, Urjanet, and Clir Renewables.
Morning Brief: Oil-rich Norway finds carbon capture too expensive, House’s $1.5T infrastructure bill packed with pro-solar provisions
Also in the brief: largest operational battery in the U.S., more futile carbon capture and more landfill solar
