The surge in storage revenue due to specific grid conditions in Australia was one of the main factors behind a 61% year-on-year increase in revenues that Neoen saw in the first quarter of the year.
New research models that the price of solar will continue to drop faster than previous predictions. This would mean that building new solar would be routinely cheaper than operating already-built fossil fuel plants, even in today’s world of ultra-cheap natural gas.
Also in the brief: Lightyear gets a key supplier, a nine-project network in New York, the 25th National Solar Tour of Homes and more.
$40 million is coming down the pipeline via an agreement between New Columbia Solar and Franklin Park Infrastructure. The money will not only help New Columbia to expand its team, but also bring 30 MW of distributed solar to the area with the nation’s most aggressive renewable energy standard.
16 project winners totaling 460 MW in capacity have been chosen by Hawaiian Electric Company to fill its most ambitious renewable procurement yet. The move will bring jobs to one of the areas hardest-hit by virus-related unemployment.
Also in the brief: Ginlong Technologies plans to raise over $100 million, the US–China trade war and COVID-19 have massively impacted coal financing, SunPower’s planned split and establishment of Maxeon Solar Technologies has received approval in China and more.
Toledo Solar is trying to distinguish itself from First Solar’s cadmium telluride dominance by operating in the residential and commercial markets, markets which have been historically unkind to the technology.
Also in the brief: a look at how pv systems relate to bird mortality, Sunverge has been chosen to manage a Maryland virtual power plant, a solar powered water filtration system and more.
New data from The Harris Poll and LG show that LG’s solar web traffic, as well as quote requests for residential systems are both trending high since the onset of the Covid-19 pandemic. Now, the issue becomes turning this interest into concrete sales.
Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.
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