Also on the rise: More BESS is coming to ERCOT, Peck Company acquires iSun Energy, Enphase and Sunnova expand their business ties, and a New York community solar project gets a new owner.
Nearly 1.4 GW of battery energy storage capacity is under construction and slated for delivery during 2021, according to data from FERC and DOE.
Also on the rise: Fluence gains an investor, Cap Dynamics buys an Arizona solar facility, and legislation would boost DER as a safeguard in wildfire-prone California.
Also on the rise: 8Minute upsizes its credit facility, an NREL-led team publishes a new guide to inverter-based power systems, and Altus Power adds to its portfolio.
Also on the rise: A solar firm helps neighbors in need, researchers show how to turn a ZEB into a PEB, and researchers correct a climate model error: the fix isn’t good news for California.
Consumers Energy cuts solar export fees in Michigan, while net metering takes a hit in Vermont. And TVA wants feedback on an environmental report for a planned 50 MW solar and 200 MWh storage project in Mississippi.
The 12.3 MW solar installation will create a carport canopy, providing cover to around 3,000 parking spaces. Excess power will flow to the grid and storage will support AirLink JFK rail shuttle service.
Under a seven-year contract with Con Edison, the utility will bid power from the battery system into New York State’s wholesale energy market.
Here’s a year-end round-up of VC investments across the energy storage value stack.
Also in the morning brief: Ormat expands energy storage presence, acquires a shovel-ready project in Upton County, Texas. RatedPower’s software for utility-scale solar. CS Energy hits 1 GW.
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