NREL projects up to 7.5 TW of global, hydro-linked floating PV potential
A study into the benefits of linking solar with hydro in a full hybrid system configuration has found global potential of 7,593 GW, for an estimated annual power generation of 10,616 TWh and a 20% reservoir coverage.
Facebook doubles down on renewable commitment in Utah with 235 MW in solar contracts
Facebook now has contracts for 694 MW of solar power in Utah (63% of the state’s solar generation capacity) in its pursuit of becoming entirely renewably-powered by the end of this year.
Morning Brief: Financing markets for renewable energy rebound, tax equity could top 2019
Also in the brief: NextEra developing a 500-MW solar/500 MW battery project in Kansas, PV system output during California smoke is near zero, solar in Wyoming and Sunrun is cleared to acquire Vivint by US DOJ.
Software is eating renewable power markets: cleantech investment roundup
Here are five companies that have raised more than $50 million in funding in recent days — with an emphasis on solving renewable energy problems with software. Plus a climate change SPAC from Mary Powell and David Crane.
Morning Brief: Ex-DOE Secretary Rick Perry’s natural gas scam fails, Net metering at risk in Florida
Also in the brief: Jacked-up vendor curves, and Major League Soccer goes solar.
Duke Energy, developers and regulators advance solar in the Carolinas with ‘queue reform’ and cluster studies
To address developers’ frustrations with its interconnection process, Duke Energy worked with solar industry associations to map out a second proposal aimed at rationalizing its interconnection process in 2022, after the existing queue is cleared.
8minute Solar Energy inks contract for one of the nation’s largest solar + storage projects
With 400 MW of solar capacity, complimented by 180 MW/540 MWh of energy storage, the Rexford 1 Solar & Storage Center is a development of considerable size. The project now has an energy offtaker, with 8minute signing a 15-year contract with Clean Power Alliance.
Yann Brandt: WoodMac’s residential solar finance forecast is ‘worst forecast of 2020’
A recent report by Wood Mackenzie has asserted that U.S. residential solar finance will “falter” in 2020 has been dubbed the “worst forecast of 2020” by a prominent industry figure. And while the market seems to be sustaining financial health, decreasing installation figures could be cause for concern.
Texas solar will outshine California in 2020
The Covid-19 pandemic continues to cast a cloud on industries around the world, but the U.S. utility-scale solar segment is still growing. Around 3 GW of solar PV is set to be installed this year in Texas alone, but opportunities also abound across several other southern U.S. states.
Lack of carbon pricing and uncertain policy are holding back the flow of capital to renewables
“Putting a price on GHG emissions creates an economic incentive to allocate capital toward the development of new lower-emitting technologies,” claims a report from the Commodity Futures Trading Commission.
