Also in the brief: CVE finances a 31.3 MW SMART portfolio, SolarEdge adds Karamba Security software to inverters, CIT leads $140 million financing for esVolta and more.
Total will be acquiring 676,000 shares worth about $31 million, according to SEC filings.
While state legislators decide the fate of a bill aimed at adding restrictions to the retirement of existing generation plants, the state’s second-largest utility has issued the results of an unprecedented solar solicitation.
Falling battery costs, shifting utility strategies and new PUC policies are drawing fresh entrants and incumbents into an invigorated energy storage sector.
MIT researchers model how 4 GW of powerlines connecting the northeast USA to Quebec hydroelectric facilities eliminates the need for up to 60 GW of wind, solar and storage as the two regional power grids approach 100% clean energy.
Also in today’s brief: New Hampshire solar wildlife access, Iowa solar compromises
Does the update to California’s solar mandate undermine residential solar and storage, as advocates claim? Or does the new definition of “community solar” provide more choice to builders and low-income homeowners? The answer might be “yes” to both questions.
“First Solar, at its core, is a technology and module manufacturing company,” said Mark Widmar, CEO of First Solar. “Given the significant evolution of developing utility-scale PV projects in the United States, we believe now is an appropriate time to evaluate our options with respect to our U.S. project development business line.”
Tesla has secured approval from the Berlin-Brandenburg administrative court to start clearing 91 hectares of forest for its first European “gigafactory,” which is scheduled to start operations in summer 2021.
U.S. renewable energy use has grown significantly in the last decade, yet data from a new survey suggests many Americans may not fully understand the importance of solar and wind.