In this #Solar100 Interview, Richard Matsui, Founder and CEO of kWh Analytics, speaks with Anne Hoskins, Chief Policy Officer of Sunrun.
According to a recent study, the benefits of distributed storage would well exceed its costs, making storage a cost-effective resource that utilities must employ under Massachusetts law. The benefit/cost findings may be applicable in other states, to the extent that the Massachusetts grid is representative of other grids nationwide.
The report found over 3,200 employees working at the factory at the end of 2017, and $3.7 billion in invested in the plant.
A report by Technavio suggests the global market for battery materials could grow 9% annually for the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver. pv magazine has covered previous reports predicting significant growth in PV and storage systems.
The Vermont Lower Income Trust for Electricity have provided a $150,000 grant for 100 low-income electricity customers with significant need for reliable backup power due to health and mobility issues.
If passed, SB 700 will extend the Self Generation Incentive Program for another five years and add up to $700 million in funding. It now has eleven days to pass the Assembly before the session ends.
CAISO’s most recent interconnection queue contains one lone gas plant. While this list can change, it reinforces the trend of a move away from conventional generation towards renewables.
The island’s 7,000 residents are expected to see savings from the 4.9 MW solar and 2.6 MW of battery storage that Half Moon Ventures plans to install on the island.
In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.
A report issued by the National Rural Electric Cooperative Association shows rapid PV growth in less than a decade in co-ops.
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