Also on the rise: SaskPower will build a battery energy storage system, Energize Ventures and CDPQ will invest $125 million in energy transformation tech, and Loanpal securitizes $421 million of residential solar loans.
The $2 trillion package includes a proposed 10-year extension of the ITC and PTC and calls for further incentives to add transmission capacity. Most solar advocates liked it, but one nonprofit panned it as being too industry-friendly.
Also on the rise: DOE’s Solar Decathlon is getting under way as a virtual event, Massachusetts has a climate law (finally), and Nextracker wins a supply deal with Solaria.
Nearly two-thirds of installers said they are more confident in the state of the solar industry even though more than half reported being negatively affected by the Covid-19 pandemic.
The two corporations signed up for solar energy capacity using Tennessee Valley Authority’s Green Invest program.
The regulatory orders were the latest in a series since last November and came in response to a mid-August 2020 heat wave that forced the CAISO to impose rotating power outages across California.
Check out this week’s list of some of the newest announcements related to clean energy products.
Werner said, “The time is right for a new leader to take the reins and set the course for SunPower.”
Also on the rise: Watch a YouTube overview of the LA100 study, solar had a strong start to 2021, and energy storage could reach almost 60 GW by mid-century.
Public interest groups joined with industry associations to voice support for standalone storage ITC eligibility. Federal policy makers have a lot of options to consider.
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