Sunrise brief: Costs and savings of a home energy storage system
Also on the rise: The White House announces a pared-down framework for its Build Back Better agenda, Tesla orders 45 GWh of EV batteries, and New Jersey makes its community solar program permanent.
CIT Group leads financing for solar-plus-storage portfolio
Amp Energy is developing five separate solar power generation systems at four project sites in central New York State.
DOE awards top $200 million for advanced battery research
The Energy Department said that advanced, lithium-based batteries “play an integral role” in electric vehicles, stationary grid storage, and defense applications that will be critical to a clean energy future.
New Jersey makes its community solar program permanent
The state’s popular community solar program is here to stay, and one SEIA representative stated that the goal is to add a minimum of 150 MW annually.
Federal policy can drive the solar industry… but still may fall short
Federal policy must address equipment availability, solar development pathway risk and timing, as well as transmission and distribution interconnection.
White House announces framework for its Build Back Better agenda
The framework includes a 10-year expanded tax credit for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.
This utility is paying its solar customers to adopt energy storage
The incentive program requires that the batteries be charged by the on-site solar power system in order to fully qualify.
Supply chain issues could impact half of all solar PV projects in 2022
Analysis by Rystad Energy said that commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancelation of some projects.
Sunrise brief: FPL wins approval to expand two flagship solar programs
Also on the rise: Energy Vault notches a win for its gravity based energy storage system, and Greenbacker names an EPC for two utility-scale solar projects.
NB Power eyes 1,000 MWh energy storage system
While still in the planning and development stage, the New Brunswick facility is targeted to enter service in 2024.
