VC investment in storage, smart grid and energy efficiency is down significantly in 2020
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.
Morning Brief: The long, sad story of Stion has ended, RMI launches climate-aligned finance group
Also in the brief: Florida Power & Light quietly reduces solar commitment, and new MWT BIPV from Sunport Power.
PetersenDean, a regional solar installer and roofer, seeks chapter 11 bankruptcy protection
PetersenDean came to solar from the roofing world and has long been a top-ten U.S. solar installer with a multi-state regional practice.
Morning Brief: FERC denies MOPR review, Tesla’s longest-range Model S now goes 402 miles
Also in the brief: Community solar for Covid recovery, flaring wasted $750 million of natural gas, and coal’s descent.
Morning brief: Solar on the family farm, LIPA shutting down steam, PG&E emerging from bankruptcy
Also in the brief: product announcements from GAF Energy, REsurety and Point Load Power.
Glasspoint, a Shell-funded solar enhanced-oil-recovery startup, is in liquidation
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.
The challenges and tricks of adding battery storage to existing solar projects
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?
Morning Brief: a massive battery ready to break ground, Vectren looks to cut net metering
Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.
Morning Brief: Indiana passes HB 1414, PG&E, FEMA agree to wildfire settlement
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.
Hanergy subsidiary Solibro Hi-Tech is liquidated
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.
