Bankruptcy

The 6.9 MW/10 MWh Grissom solar and storage project will provide energy to the North Carolina Electric Membership Corporation under a long-term power contract.

The Commission declined to grant an enforcement action petition against state regulators that allowed Alabama Power to institute a punitive solar charge, instead allowing the petitioners to take the fight into their own hands in court.

The agreement will result in the construction of around 500 MW of renewable energy and storage projects to ensure that Google data centers will be 90% carbon-free when measured on an hourly basis.

Also in the rise: Partners will test a large-scale vehicle-to-grid charging system, Canadian Solar funds a startup whose focus is on the rest of the world, Griddy files for Chapter 11 after ERCOT mess, and Daqo signs a supply agreement with a new wafer manufacturer.

Also on the rise: Siemens Energy will assess its hydrogen technology to supply a Utah power plant, and Hyzon Motors will build a plant to bolster the fuel cell supply chain for big trucks.

The now former company has laid off its remaining staff, locked its offices and left dozens of customers, sub-contractors and former employees asking what comes next.

If you’re interested in some lightly-used MOCVD and PVD thin-film solar cell production equipment, have we got a deal for you.

While supply chain and manufacturing disruptions will lead to shipping decreases in Q3, the measures that SunPower took prior to Covid’s disruption allowed for a strong quarter, with the company experiencing increases in installations and demand.

This bankruptcy comes with a political edge — because the startup received $737 million in a U.S. federal loan guarantee as part of the 2009 stimulus package — during the Obama administration.

A new report shows that both venture capital and total corporate funding to the three sectors are down, driven by battery storage funding failing to compare to a record-setting 2019.