9 out of 10 doctors recommend residential solar+storage
GTM Research projects that residential batteries and other energy storage systems will be coupled with solar in 9 of 10 storage deployments by 2023. Additionally, the firm projects that residential solar power costs will fall below $2/W by this date.
This isn’t your parents’ SolarEdge
The inverter-optimizer manufacturer has expanded from its residential focus and now gets 40% of its revenue from commercial sales. The company is also supplying a soon-to-be commissioned 53 MW-AC solar power project.
NextEra expects storage to add half a cent to solar in mid-2020’s
The power giant has made a number of bold statements about the future of solar, wind and batteries, as the company’s development arm reaches a record backlog of renewable energy.
Battery storage companies attract increasing investment
While total corporate funding was down in H1 2018, compared to a year earlier, due to lower investment in the Smart Gird and Efficiency categories, battery storage companies recorded an increase of 12%.
Stem raises $226 million
The AI for energy storage startup has raised $26 million in its D round, and has also secured C$200 million to expand into Ontario.
Tesla Powerwalls and PowerPacks save Vermont $500,000 during heatwaves
Green Mountain Power suggests 500 distributed Tesla Powerwalls plus two larger energy storage facilities have saved its customers $500,000 this summer during peak demand hours.
New York to get one of its largest rooftop solar power plants, and largest battery
EnterSolar is building a 2.4 MW solar project on the roof of a building just north of New York City, while Key Capture Energy will build the state’s largest lithium-ion battery – 20 MW – in Saratoga County.
Solar inverters and automatic shutdown on the floor at Intersolar North America 2018
Solar inverters are turning into the quarterback to the solar modules as wide receivers. And with the need to deliver energy services, talk with the broader power grid, protect first responders and more – the inverter playbook is expanding.
EIA examines HVDC for renewables
HVDC’s main challenge is the price, which can cost between $1.17-8.6 million per mile, along with scaling the technology in the United States.
APS seeks 106 MW of batteries to pair with large-scale solar
The Arizona utility has issued a request for proposals (RFP) for battery projects to allow its utility-scale solar fleet to meet evening demand, as part of a plan to add up to 500 MW of storage over the next 15 years.
