Also on the rise: Protesters rally to demand TVA reforms, the energy storage market is fully charged for rapid growth, and BlackRock buys a solar developer.
A ribbon cutting was held to mark the recent 100 MW/400 MWh expansion of the battery, which one day could grow to 1,500 MW/6,000 MWh.
Lithium-based energy storage volumes are expected to grow by multiple orders of magnitude in the coming years, with a 1,000% capacity increase by 2023.
Also on the rise: JinkoSolar is adding a manufacturing plant in Vietnam, solar on a parking garage adds a Scandinavian design flair, and iSun says its 2021 revenues are likely to double.
Residential solar installation price declines have accelerated over the past year. However, energy storage pricing has gone up, with Enphase taking an increasingly larger share of the market.
A report from Lawrence Berkeley National Laboratory looks at residential and non-residential distributed solar+storage markets and finds big growth with a huge future potential.
The cells will be used in Powin’s Stack360 storage product, with the first units slated for delivery in later this year.
The Bureau of Land Management reviewed the projects’ potential environmental impacts, but issues may arise as the public comment period opens.
The offering follows a decision by the Connecticut Public Utilities Regulatory Authority to establish a new solar energy incentive program.
Construction work could begin this fall and the capital investment is pegged at $600 million. Around 17 full-time jobs will be created once the array enters service.
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