In a busy week of renewable purchases for the banking giant, Bank of America has come to terms with Duke on a power contract for a 25 MW project in North Carolina, set to go on-line in 2022.
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.
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
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.
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.
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.
Also in the brief: Project development galore from EDF, Pine Gate, Silver Creek, Idemitsu, and Origis Energy.
Executive moves in solar, storage, cleantech, utilities and energy VC
The value of rooftop solar is well above the net metering compensation paid to customers with rooftop solar, the solar association found.
“Reports indicate that the Taxpayers Protection Alliance, the Heartland Institute and NERA all have ties to the Koch brothers, who have funded climate denial and pro-fossil fuel campaigns for roughly three decades.”
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