Hydro-Québec launches grid-scale energy storage business
EVLO Energy Storage has signed an MOU for a 9 MWh storage system in the transmission system operated by France’s national transmission provider.
NYPA focuses on solar and storage in its 10-year plan
The New York Power Authority’s board of trustees approved a 10-year strategic plan for decarbonizing New York’s energy infrastructure. Large-scale solar and storage both figure prominently.
Relectrify gets the most out of second-life battery systems
After more than a year of testing, Relectrify has released interim results of a pilot that combines repurposed batteries from Nissan Leaf vehicles with proprietary inverter technology to create a battery system that has exceeded expectations.
New CESA report claims California needs to deploy 55 GW of long duration energy storage by 2045
The new report is in-line with models developed by state regulators, however helping the state to achieve such rapid and exponential deployment goals will require significant regulatory and procurement overhaul.
QuantumScape finally unstealths — with breakthrough performance in solid state batteries
After ten secretive years, several hundred million dollars spent, and the efforts of hundreds of scientists and engineers, QuantumScape went public on a video call today with the performance results of its solid-state battery — and its potential impact on the electric vehicle industry.
Morning Brief: Tesla’s lack of diversity, 7X Energy partners with Nestlé as tax equity investor for 250 MW solar project
Also in the brief: Senators optimistic that a bipartisan energy bill could be passed this year, CESA released a study that found a need for up 55 GW of long duration energy storage in California by 2045.
Morning Brief: Loanpal’s record originations means residential solar is going strong, SCE adds 590 MW of energy storage
Also in the brief: The American-made solar prize, and six Clearway Community Solar projects kick off construction across Illinois
SPAC, the final frontier: QuantumScape raises $680M for advanced EV batteries, TJ Rodgers raises $200M in SPAC IPOs, plus EVs galore and Stem
Once sort of disreputable, the SPAC is now a “financial innovation” and a “funding mechanism for ambitious companies who are in the midst of a growth phase-change,” in the eyes of some investors. Here’s a roundup.
Venture capital funding in solar, storage and energy intelligence sees a year-end surge
At least a dozen energy transition startups are getting their start during the pandemic holiday season.
The roadmap to the lowest cost grid is paved with distributed solar and storage
We wanted to know what the grid would look like, and cost, if we stopped ignoring the benefits of DERs and optimized the integration of these resources through a better modeling process. We found that when you use better planning models and scale both local solar and storage, as well as utility-scale solar and wind, you maximize cost savings and unlock the path to the lowest cost grid.
