Plus a bunch of investments in carbon capture.
Also in the brief: Tepco to reuse Chinese EV batteries for energy storage, end of Chinese dam-building era,
Pumped hydro and compressed air energy storage will soon be cost-effective for day-long storage, while hydrogen for long-duration storage will be cost-effective by 2050 or sooner, the national lab’s study projected.
Utilities that are transitioning away from coal are starting to view the creation of a natural gas “bridge” to renewable energy as an unnecessary step.
Also in the brief: battery energy storage is getting cheaper, but how much deployment is too much? GCube Insurance is issuing a renewed warning to renewable energy asset owners about cyberattacks, REC Group’s flagship REC Alpha solar panel has won the Intersolar Award 2020 for photovoltaics, and more.
Also in the brief: Bank of America signs its first PPA, CS Energy has completed a 33 MW portfolio of solar projects in Texas, RP Construction Services and RECON partner to build tracker projects and more
Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
A roundup of recent funding in renewable energy and cleantech: Quidnet, DroneBase, Eos Energy, Urjanet, and Clir Renewables.
Eos has executed a letter of intent for a merger with a SPAC — which would result in Eos becoming a publicly listed company. Investors seem fascinated by energy storage this year, the long-duration variety in particular.
AES has released an RFP for the purchase of up to 1 GW of new renewable projects as part of its partnership with Google. Here’s a breakdown of the technologies and terms the solicitation is seeking.
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