All I want for Christmas is an orchestra of energy storage
Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accelerate our already exponential solar growth.
Sunrise brief: The top ten most-read solar stories of 2024
Also on the rise: Rural electric co-ops receive $4.37 billion in clean energy funding. NY utility approves battery storage project on shuttered nuclear site. And more.
Rural electric co-ops receive $4.37 billion in clean energy funding
Funding from the U.S. Department of Agriculture’s Empowering Rural America Program is available to rural electric cooperatives in Arizona, Colorado, Florida, Georgia, Minnesota, Nebraska, and Texas.
Sunrise brief: U.S. distributed generation solar panel prices decline on oversupply
Also on the rise: Sunrun fined for worker rooftop safety violation. DC Grid debuts off-grid DC solutions to address growing power demand. And more.
Annual lithium-ion demand surpasses 1 TWh for first time
The big milestone comes on the back of a record month for electric vehicle sales and strong battery energy storage system (BESS) deployment. However, EV demand remains far behind BESS with the latter’s impressive growth reaching a year-on-year increase of 175% and cumulative 19.4 GWh deployed in November alone.
Sunrise brief: Antidumping investigation could more than double cost of U.S. EV battery, energy storage
Also on the rise: Perovskite-silicon solar cell achieves 28.6% efficiency, ready for mass production. Energy experts urge California Governor to reject anti-rooftop solar executive order. And more.
Antidumping investigation could more than double cost of U.S. EV battery, energy storage
Anti-dumping, countervailing duties on battery materials could have serious effects on the EV and energy storage markets, as the battery material and manufacturing markets in the U.S. are still in very early stages.
PG&E granted loan guarantee of $15 billion from DOE
PG&E believes that investing in infrastructure will help it supply the forecasted load growth, increase electric reliability and reduce costs for its consumers across California.
DOE conditional loan of $559.4 million for solar-plus-storage in Puerto Rico
The loan guarantee is intended to finance a Convergent Energy and Power solar system with integrated battery energy storage and three stand-alone energy storage projects across Puerto Rico.
Developers close $538 million for 1.2 GWh battery storage facility in Canada
The Hagersville Park financing qualifies as a green loan. Once commissioned, the project will be one of Canada’s largest battery energy storage (BESS) sites.
