Energy job moves at Fluence, Avangrid, Sunfolding, Sunrun, juwi, BEI, Energy Foundation, Kanin Energy
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
New York regulators, NYSERDA, release white paper on how to better achieve 70% renewables by 2030
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.
Morning Brief: Renewable-energy spending will edge oil and gas for the first time ever in 2021
Also in the brief: Repowering older wind and solar plants is big business and getting bigger, Xcel accelerates $3 billion in spending, particularly on large renewable-energy projects, Highview gets more funding for long-duration energy storage.
Denmark’s CIP reaches first close for $6 billion renewable infrastructure fund, the world’s largest
Investments will include offshore wind, onshore wind, solar PV, transmission, storage, waste-to-energy and biomass assets.
Solar opportunities ‘ignored’ across 100 million acres in the Southwest
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.
Data shows solar asset underperformance and bias towards optimistic pricing
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.
Fluence’s sixth generation of storage technology has over 2 GWh of commitments at launch
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%.
Morning Brief: 184 GW of renewables were installed globally in 2019, Alabama Power to add gas units
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% clean power by 2035 is ‘challenging but feasible’
“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.”
US solar has the chance to recover in 2020 after a record 3.6 GW first quarter
Utility-scale solar strength will cover for residential and rooftop weakness in 2020, according to SEIA and WoodMac.
