Canadian Solar sees ‘exponential’ growth in energy storage, warns of possible project delays as prices spike
In reporting first quarter results, the company said it would use some of its $1.5 billion in cash to stockpile materials as a hedge against rapid price rises.
Facebook, RWE Renewables in deal with TVA for 150 MW of solar
Facebook’s commitment to TVA’s green invest program continues, as the company has now contracted for 475 MW of solar under the program.
Sunrise brief: Tenaska and Arevon plan 200 MW solar project in Missouri
Also on the rise: Bloom Energy will test its hydrogen electrolyzer paired with nuclear power, Sandia offers an open-source energy storage analysis tool (we have a video!), and a PNNL device pops the doors on energy storage cabinets in the event of a thermal emergency.
Eyes in the sky: How solar plant owners can benefit from aerial inspection technologies
When asset owners don’t take advantage of aerial inspection tools, they may miss a chance to mitigate risk and optimize the health of the DC side of their system… and may leave money on the table.
Pairing a battery with solar could cut its overall value, Berkeley Lab report says
Separating generation from storage usually delivers higher value, but it may also deliver higher costs, the report said.
Price pressures may delay 15% of utility-scale solar projects this year, Roth Capital warns
Shaving off 15% would trim new capacity additions by more than 2.3 GW this year alone, based on Energy Information Administration forecasts. Higher prices throughout the solar supply chain are being blamed.
Sunrise brief: Over 1 GW a day of new solar to reach net-zero emissions by 2050, IEA says
Also on the rise: CS Energy provides EPC services for a 50 MW solar portfolio, UL buys a solar analytics platform, Sunnova places $500m of senior notes, service stations on Puerto Rico go solar, and XL Fleet buys an EV charging provider.
Sunrise brief: Energy storage enters service for electric cooperative
Also on the rise: Goodyear to add solar at an Innovation Center, NextEra Energy Partners expands a finance arrangement, Solar FlexRack supports a Bahamas project, and California’s annual budget aims to boost support for long-duration storage and ZEVs.
Minnesota is primed to turn a page on the conflict between solar growth and farmland preservation
Proposed legislation could better balance the goals of solar developers to add capacity in prime resource zones, which also overlap some of the state’s best farmland.
Records fall as clean energy sector posts a strong start to 2021
Fifteen utility-scale solar projects and two energy storage projects became operational during the first quarter, alongside a 40% increase in wind capacity. Even more is on the horizon, according to a new report.
