Business

The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.

PG&E is seeking approval from California regulators for four energy storage projects totalling 567 MW / 2.27 GWh – including a 300 MW / 1200 MWh system by Vistra Energy, and a 182.5 MW / 730 MWh system by Tesla.

Puerto Rico is requesting ten 20 MW / 20 MWh batteries to be deployed strategically in the country’s power grid. The RFQ notes that sites should be upgradable to 40 MW / 160 MWh.

LG Electronics has announced plans for a 500 MW/year solar module manufacturing facility in Huntsville to make its NeON2 60-cell 340-W modules. With this and other factories the nation will be well over the 2.5 GW cell exemption under Section 201.

The City of Albuquerque has revealed details of the first phase of $25 million in solar power investments, as part of its goal to bring the city to 25% renewables. The first 12 projects are on local structures including fire and police stations, increasing resilience.

KBRA has assigned Preliminary Ratings to the most recent Mosaic Solar Loan Trust. The aggregate amount is $317 million, with $273 million earning the A- rating.

The IRS, via Notice 2018-59, has modified the Investment Tax Credit to allow solar projects to begin construction by the end of the 2019, and still get the 30% – versus being in service by that date.

Aerospec Technologies offers portfolio level drone O&M data analysis services backed by machine learning to tell you exactly what’s happening with every single solar panel, in near real time.

Reuters reports that nearly 20% of its installation facilities will close, as part of the company’s 9% workforce reduction announced last week.

The New York State Assembly has passed a bill which would temporarily put a hold on the alternative valuation of electricity from community solar projects and re-institute net metering for three years. The companion bill currently sits in Senate Rules Committee.