Tesla to sell 25 MW battery as part of Salt River Project settlement
Judge ruled SRP acted illegally against solar power customers as a monopoly power by changing rates in 2015. Settlement does not end customer charge.
Engie expands in US renewables with SoCore acquisition
The French power company’s North American division will swoop up 150 MW of solar assets either in operation or under construction in the purchase.
U.S. energy storage begins to take off
Despite a lackluster Q4, GTM Research predicts that the U.S. energy storage market is going to boom in 2018, driven by both policy support and falling prices.
IRS rules energy storage upgrade to solar tax credit eligible
In a Private Letter Ruling published on Friday, the IRS said that a battery added to a solar pv system a full year after solar installation was completed is eligible for a the full 30% tax credit – as long as it is 100% powered by solar.
HECO seeks 300MW of renewable energy in new RFP
Utilities on three Hawaiian islands have put out a request for proposals to build wind and solar projects, with an option of energy storage. The goal is to maximize ITC value before it drops down in 2022.
12 hours of energy storage enough for U.S. to run on 80% solar+wind
Scientists in California have modeled a solar-heavy/wind power electricity grid, without nationwide HVDC, that could reliably deliver 80% of U.S. electricity needs. 100% of needs would require 3 weeks of energy storage.
Installers more confident in the solar industry than ever, survey says
In a survey conducted by EnergySage in conjunction with NABCEP, 30% of installers also say interest in solar+storage has increased among their customers.
PetersenDean partners with LG, SolarEdge for solar plus storage
The residential installer will offer LG Chem’s RESU battery packs and SolarEdge’s StorEdge inverter, power optimizer and monitoring solution as part of its residential solar plus storage offering.
Solar to lead global renewables growth for next five years — KPMG
Solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this as well.
FERC opens markets to energy storage, begins distributed energy proceeding
As the completion of the multi-year rule-making the federal agency will require grid operators to value the contributions of energy storage, and begins a process to look at how aggregated distributed energy resources can compete in wholesale markets.
