Energy Infrastructure Partners invests $640m in Baywa re
The Baywa group will maintain a 51% stake in the German renewable energy company.
QuantumScape finally unstealths — with breakthrough performance in solid state batteries
After ten secretive years, several hundred million dollars spent, and the efforts of hundreds of scientists and engineers, QuantumScape went public on a video call today with the performance results of its solid-state battery — and its potential impact on the electric vehicle industry.
Morning Brief: Tesla’s lack of diversity, 7X Energy partners with Nestlé as tax equity investor for 250 MW solar project
Also in the brief: Senators optimistic that a bipartisan energy bill could be passed this year, CESA released a study that found a need for up 55 GW of long duration energy storage in California by 2045.
McDonald’s adds 420 MW of solar, brings total renewable capacity over 1 GW
The fast-food Giant has signed three new virtual power purchase agreements for two wind farms and a solar project totaling 750 MW, building on last year’s addition of 380 MW of renewables.
Morning Brief: Loanpal’s record originations means residential solar is going strong, SCE adds 590 MW of energy storage
Also in the brief: The American-made solar prize, and six Clearway Community Solar projects kick off construction across Illinois
World’s largest residential virtual power plant coming from Alphabet-backed SIP and OhmConnect
Like Airbnb, but monetizing spare energy: “The first big step towards opening the door to a massively transactive grid.”
The unglamorous approach to impact investing in energy
In the fashionable world of “impact” investing, often the least sexy investment makes the most impact; nowhere is this truer than in the energy sector
Michigan’s solar industry awaits order in Consumers Energy’s rate case
After Consumers Energy raised its net metering cap as a bargaining chip, some advocates see a Value of Solar study as a way to ensure that the rates that have allowed the state’s small-scale solar market to flourish remain in place.
SPAC, the final frontier: QuantumScape raises $680M for advanced EV batteries, TJ Rodgers raises $200M in SPAC IPOs, plus EVs galore and Stem
Once sort of disreputable, the SPAC is now a “financial innovation” and a “funding mechanism for ambitious companies who are in the midst of a growth phase-change,” in the eyes of some investors. Here’s a roundup.
Venture capital funding in solar, storage and energy intelligence sees a year-end surge
At least a dozen energy transition startups are getting their start during the pandemic holiday season.
