Tesla CEO Elon Musk: ‘We continue to believe that the energy business will ultimately be as large as our vehicle business’
Tesla’s solar and battery businesses show signs of life in another profitable quarter for the EV maker.
Wärtsilä’s 9 MW battery storage system reduces a city’s demand peaks, saves transmission costs
An independent power producer, AEP OnSite Partners, will be the first to deploy Wärtsilä’s new storage product. The 9 MW/15.6 MWh battery system will respond to PJM market signals and reduce the city’s peak demand by about 9 MW, while saving $1 million per year in transmission and capacity costs
Morning Brief: First-of-a-kind utility plan could transform Southeast grid, energy storage news
Also in the brief: Zinc batteries from Eos, flow batteries from Invinity, residential storage programs from Arizona Public Service and Green Mountain Power.
Launching a startup during an international pandemic
With the difficulties of launching a company exacerbated by the Covid-19 pandemic, EnerVenue has been able to not only survive the challenges, but use them to the company’s advantage. pv magazine sat down with CEO Jorg Heinmann to discuss how the company leveraged risk into opportunity.
Investors bet $27.5 million that Nanotech Energy’s graphene battery breakthrough is the real thing
The startup claims to be “the world’s top supplier of graphene” and plans to release a non-flammable, environmentally friendly lithium battery that can charge “18 times faster than anything that is currently available on the market” — within the next year.
General Motors to achieve 60% renewable energy thanks to massive Arkansas solar deal
The automaker announced that it has come to terms on a power purchase agreement for a 180-MW solar project set to be constructed in Arkansas. The installation will use modules from First Solar.
Northvolt raises $600 million for lithium battery gigafactory from VW and Spotify cofounder
The European battery manufacturer has raised the funds with a private shares placement which included the co-founder and CEO of music streaming service Spotify.
Morning Brief: California modernizes its distributed energy interconnection rules, Pine Gate launches wave of Michigan solar
Also in the brief: Natron Energy, a supplier of fire-safe sodium-ion batteries using Prussian blue chemistry, has achieved a UL listing for its battery.
North America’s first lithium-ion battery recycling hub is coming to New York
Li-Cycle, a Canadian battery recycling firm, has chosen Rochester as the home for its planned $175 million recycling facility, which promises to deliver recycled battery materials, beyond just lithium-ion, at market scale.
Morning Brief: Duke Energy reaches deal with Sunrun, Vote Solar to modernize rooftop PV in South Carolina
Also in the brief: 67-MWdc Lotus Solar Farm in Madera County, California, developed by 8minute Solar Energy, is now fully operational. Plus First Solar’s secondary offering for the Waltons, and Natron gets $20 million for battery scale-up.
