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.
Morning Brief: Kauai is 55% renewable, Dominion’s Virginia battery pilot approved
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 named in class action complaint by ex-employees at Alta Devices
“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.”
DC Solar owners plead guilty to Ponzi scheme, face long prison terms
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.
More thin-film solar carnage: Hanergy subsidiary Solibro Hi-Tech declares insolvency
Insolvency proceedings have been underway for Solibro GmbH since late summer, and business operations have long been suspended. This week another Hanergy subsidiary, Solibro Hi-Tech, has also declared insolvency.
Morning Brief: Sigora Solar on the Virginia Clean Economy Act, Solar Frontier Americas has a financed project
Hello all and welcome to the last morning brief of the year! Today we’re looking at Global Solar layoffs, PG&E paying Topaz, a 100 MW Hecate project and more.
