Investments will include offshore wind, onshore wind, solar PV, transmission, storage, waste-to-energy and biomass assets.
The Bureau of Land Management “has ignored most possibilities” for utility-scale solar “on its vast land holdings across the solar-rich Southwest,” says a paper. Renewable energy development accounts for less than 1% of economic activity on BLM lands, while oil and gas account for 70%, according to BLM data.
Solar assets are underperforming far more frequently than official energy estimates would suggest, according to the industry experts who contributed to KwH Analytics’ 2020 solar risk assessment report.
Featuring a monitoring system that tracks system performance, a comprehensive operating platform and stackable system design, Fluence claims its new solution is capable of reaching gigawatt-sized deployments while driving project costs down as much as 25%.
Also in the brief: Geronimo Energy has started construction activities for two Michigan solar projects, a New Hampshire Senator is asking the Defense Department’s progress toward meeting its renewable energy goals, Nelnet launches a renewables spinoff and more.
“90% by 2035 is the sweet spot” for a pathway that uses existing technology, allows “judicious use” of existing generation assets, and “achieves near-complete decarbonization in a realistic timeframe,” said study co-author Nikit Abhyankar of UC Berkeley. The resulting lower wholesale cost of electricity by 2035 “was a surprise for us.”
Utility-scale solar strength will cover for residential and rooftop weakness in 2020, according to SEIA and WoodMac.
Also in the brief: SolarEdge is expanding its residential and commercial power optimizer portfolio, Monterey Bay Community Power will help local school districts buy electric buses, L7 Drive has launched an energy management platform and more.
At the onset of Covid-19, the executive leadership team at Rosendin developed a plan of action to tackle the changing business atmosphere. By committing to that plan, the company has been able to adapt to the ‘new norm’ and keep projects on track.
While the program’s expansion is intended to bring more than 3 GW of solar to the state, new land-use restrictions have made the majority of the state off-limits to large-scale development.
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