Sunrise brief: Revised rules could make it easier to use public lands for solar
Also on the rise: LG will supply RWE with 200 MW of storage, SB Energy signs a PPA for a Texas solar project, and Invenergy lines up financing for a 200 MW Michigan solar project.
LG to supply RWE with 200 MW of storage
The capacity will be coming across two RWE solar + storage projects in the US, though the specific projects have not yet been announced.
Developers target Ohio for big solar capacity additions
Solar projects totaling more than 1.1 GW in potential capacity have public hearings coming up this fall, as Ohio experiences a rush of developer proposals.
PacifiCorp’s new IRP includes plans to ditch coal
While the full Integrated Resource Plan has yet to be submitted to regulators, we now know that PacifiCorp is planning no new investments in gas or coal, with plans to retire all coal units by 2040.
Watch: Gravity-based renewable energy storage tower for grid-scale operations
Energy Vault secured $100 million in Series C funding for its EVx tower, which stores gravitational potential energy for grid dispatch.
Sunrise brief: FlexGen and Relectrify score big investment wins
Also on the rise: Terabase acquires a performance modeling software platform, Tigo launches a rapid shutdown device, and NV5 Global acquires Sage Renewable Energy.
FlexGen fuels growth with $150 million Apollo Global investment
The energy storage technology and services company said the investment will bolster its bankability as the energy storage market grows.
Relectrify closes multi-million dollar round of funding
The company will use the funds to expand its team, as it looks to show off the innovation of its cell-level battery management system and inverter technology.
Solar power is targeted most often when California orders curtailments
Around 5% of utility-scale solar production was curtailed in 2020. Policy leaders are using a number of tools to reduce this waste of renewable energy.
Arizona approves energy storage incentives for Tucson Electric customers
Regulators also approved expanding the utility’s community solar program and make 10 MW of solar capacity available for subscription.
