A roundup of recent funding in renewable energy and cleantech: Quidnet, DroneBase, Eos Energy, Urjanet, and Clir Renewables.
New research from Wood Mackenzie shows that overall system costs for installations using mono PERC modules are set to fall by as much as 20% by 2025.
South Carolina is set to surpass North Carolina in solar watts per customer. Georgia and Florida will exceed the Southeast average, while utilities in Tennessee, Alabama and Mississippi will continue to lag. Overall the states will reach 5% solar generation by 2023.
In addition to making the stand-alone energy storage investment tax credit (ITC) eligible and extending a 30% solar ITC through 2025, the House bill creates a direct pay mechanism that can be used in lieu of the ITC.
Also in the brief: SolarEdge is set to launch the company’s newest product, Stem Inc has launched its first solar+storage independent power producer site, PCL Construction Services has begun work on the 20 MW Odom Solar Farm and more.
AES has released an RFP for the purchase of up to 1 GW of new renewable projects as part of its partnership with Google. Here’s a breakdown of the technologies and terms the solicitation is seeking.
Dow is now set to purchase 75% of the annual electricity generation at First Solar’s upcoming 200 MW Horizon Solar project in Frio County, Texas, under a 15-year power contract.
Development of the the 150 MW Cabin Creek solar farm is set to move forward, now that developer Clenera has come to terms on a 15-year contract with Basin Electric Power Cooperative.
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
In pursuit of the state’s Climate Leadership and Community Protection Act, the two entities have outlined a plan to rewrite current procurement procedures, expand the role of offshore wind and establish a new tier of eligible generation resources.
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