Energy Storage

Solar and wind power installations hit all-time highs and became a larger part of the country’s energy mix in 2020, according to a new report.

Also on the rise: MiaSole Hi-Tech ekes out a tandem solar cell efficiency improvement, Trimark tapped to provide SCADA for massive solar+storage project, and JinkoSolar glass supply deal will support 59 GW of production.

Solar-plus-storage installations are emerging as a major growth factor for the overall market, according to a new report from IHS Markit.

Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.

Check out this week’s list of some of the newest announcements related to clean energy products.

Also on the rise: ARPA-E offers $100 million in R&D funding, California hunts for generation resources for this summer, and CIT Group helps arrange financing for a handful of BESS capacity.

Through a new process called On-Demand Permitting, the city government is allowing solar and optional energy storage systems of a certain size to forego lengthy pre-approval.

Also on the rise: Enevate and Highview Power fuel growth plans with additional investors, and a new venture targets Li-ion battery recycling for fleet vehicles.

The company plans to release a new request for proposals this spring, have over 2 GW of solar operating by the end of 2023, and expand that figure to up to 10 GW of solar by 2040.

The Abu Dhabi-based renewable energy company said the U.S. offers “considerable scope for further growth.”