Morning Brief: New Zealand invests in flow batteries, ‘NextGrid’ goes off the rails
Also in the brief: Tesla’s Q Con virtual power plant presentation, the University of Arkansas’ solar design contest, M&A during the pandemic, dodecahedrons and more
Pandemic-related uncertainty in the US solar industry — and the case for an ITC extension
Renewable energy industry officials are hopeful that a post-pandemic comeback is possible in 2021 but, “Supply chain issues haven’t played out yet,” said George Strobel of Monarch Capital.
Battery startup FreeWire raises $25 million in funding
The funding was led by an existing investor of FreeWire, BP, and will allow the company to commercialize its upcoming Boost EV Charger, as well as expand operations across the United States and into Europe.
Sweden joins European trend and exits coal — two years earlier than planned
The Nordic nation is now the third European country to wave goodbye to coal for power generation. Another 11 European states have made plans to follow suit over the next decade.
Morning Brief: Illinois’ largest project has a power contract, financing secured for 134 MW in North Carolina
Also in the brief: Solis has earned SunSpec rapid shutdown certification, EDF renewables has partnered with Cubic Corporation on a solar, storage and EV charging installation, NextEra Energy has raised $4 million in COVID-19 emergency assistance and more.
Solar system fires are on the rise
Historically underreported by the U.S. Fire Administration, Lawrence Shaw of Higher Powered, LLC has found that fires at solar installations rose 36% from 2017 to 2018. With residential installations representing the majority of fires, he believes mandated infrared imaging could be the key to bringing the number down.
Morning Brief: Germany’s solar panels produced record amounts of electricity, Pittsburgh goes renewable for a day
Also in the brief: Montana high school students raise money for a solar installation, Pacific Gas & Electric is tapping into two Li-ion battery storage projects, a startup from Germany has developed a solar-powered UV disinfection station and more.
Storage companies raised $244 million in corporate funding to start 2020
A new report released by Mercom Capital shows that while funding is down from Q4 2019, it is up substantially year-over-year.
Morning Brief: GM’s Michigan operations all-in on solar and wind, Pittsburgh Steelers add solar
Also in the brief: Boston Scientific goes renewable in American operations, a semi-temporary solar farm for Holy Cross Energy, a roadmap to Pandemic Resilience and more.
American module shipments are down considerably to start 2020
1.36 GW of PV modules were shipped in February to go along with 1.49 GW shipped in January. These figures are below the single month record of 1.96 GW, established in December 2019. Yet, while the number of modules shipped is decreasing, the price per kW rose drastically in February.
