Also in the brief: Community solar for Covid recovery, flaring wasted $750 million of natural gas, and coal’s descent.
Also in the brief: product announcements from GAF Energy, REsurety and Point Load Power.
Glasspoint received more than $130M in VC from Oman’s sovereign wealth fund, along with the venture arm of Royal Dutch Shell. The plan was to use concentrated solar arrays housed in glass greenhouses to produce steam at gigawatt scale instead of natural gas for EOR.
Alencon Systems teamed up with Duke Energy to look at some of the challenges faced by a utility when adding a battery storage system to an existing solar installation. DC-coupled or AC-coupled? Grounding scheme?
Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.
Also in the brief: NJR Clean Energy Ventures acquires the country’s largest floating solar array, a clean energy advocate has been named to Wisconsin’s PSC, a community solar farm proposed in Maine and more.
No potential investor could be found to take over the thin-film solar business. Insolvency proceedings started a few days ago and the business operations of the CIGS thin-film company were finally halted.
Also in the brief: Engie and JLL develop an energy program for State Fund, Oklahoma Gas and Electric is set to develop solar projects for the Chickasaw and Choctaw tribes, PG&E pays Topaz in January.
“Hanergy…is not above the rule of law, and this is not China. In abruptly closing the Alta plant, defendants violated the federal and California WARN Acts, which require at least 60 days written notice of termination where a plant is shut down and/or mass layoffs occur.”
The owners of DC Solar pleaded guilty to charges of conspiracy to commit wire fraud and money laundering in a Ponzi scheme that pulled in more than $900 million. Jeff Carpoff faces up to 30 years in jail, while Paulette Carpoff confronts up to 15 years.
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