IHS Markit: At 10% market share, Swinerton Renewable Energy maintained its position as the preferred EPC contractor in the U.S. First Solar and Cypress Creek intend on exiting the EPC segment, creating opportunities for established local EPCs and the emerging group of international firms eyeing the growing U.S. utility-scale market.
The Solar Mapper uses artificial intelligence algorithms that compile data extracted from satellite images. It can estimate solar site potential and indicate the best technology for the site.
Also in the brief: Nefarious deeds at the DOE — blocking yet another study favorable to renewables. The North American Energy Resilience Model joins the Seams study as a victims of agency bias.
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.”
The IPO priced at $22, above the top of the anticipated range of $19 to $21 — valuing the solar firm at about $2.8 billion.
Musician Akon has provided 14 African nations with solar-powered electricity via street lamps and solar panels as part of “Akon Lighting Africa,” a project aimed at providing the continent of Africa with low-cost, sustainable electricity.
Also in the brief: CollectiveSun raises $4 million for San Diego nonprofits to go solar, EDP has closed on a power contract for 100 MW of solar generated by two projects in Ohio and more.
“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.
Removing the state’s ban on community solar, an initiative which has gained immense bipartisan support, will create thousands of jobs and billions in economic development dollars.
Stanford professors Paul R. Milgrom and Robert B. Wilson were awarded the 2020 Nobel Prize in economics for developing a new auction theory and new auction formats for goods and services. Their findings were already successfully used in the electricity energy sector and may now meet the challenge on how to better shape clean energy procurements.
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