Sunrise brief: First Solar beats revenue expectations in Q1 earnings, policy tailwinds emerge
Also on the rise: Crux extends tax credit transfer discounts and support to ACP members. Schneider Electric launches new storage systems for microgrids. And more.
Schneider Electric launches new storage systems for microgrids
The company introduced two versions of the new BESS with enclosures of 7 feet and 20 feet with power ranges from 60 kW to 500 kW.
Habitat Energy chosen to optimize 730 MW ERCOT battery storage portfolio
To help manage battery storage and renewable energy assets, Habitat Energy signed an agreement with UBS Asset Management’s Real Estate & Private Markets business to optimize battery storage assets in four standalone projects in Texas.
New model shows how to power homes exclusively with hydrogen, solar, batteries
Researchers in Spain has found that combining PV power generation with fuel cells and battery storage may help homes considerably reduce their levelized cost of energy. Their simulation reportedly demonstrated homes may also become completely self-sufficient.
Virginia General Assembly passes pro-solar legislation
Going into effect July 1, passage of House Bill 1062 and Senate Bill 271 will further incentivize solar and energy storage at the residential and commercial levels.
Sunrise brief: California batteries dominate evening grid with 10 GW/40 GWh of capacity
Also on the rise: U.S. solar manufacturing and the SEMA Coalition expansion. CATL presents EV battery with 1,000 km range. And more.
CATL presents EV battery with 1,000 km range
Contemporary Amperex Technology Co. (CATL) has shown its latest lithium iron phosphate (LFP) battery at an auto show in Beijing. The Chinese company says it has an energy density of 205 Wh per kg, almost 8% higher than the current state of the art for such batteries.
California batteries dominate evening grid with 10 GW/40 GWh of capacity
The state is once again setting springtime output records from solar, while energy storage takes over the peak electricity demand period becoming the maximum output source.
Major defense company plans to reduce emissions 46% by 2030
RTX, formerly Raytheon, signs an agreement with Engie North America to buy 1.5 million MWh of renewable energy over the next ten years, spurring further growth of Texas solar development.
New green bank to support distributed solar and storage in the Appalachian region
The Green Bank for Rural America will support community lenders in Appalachian communities to finance climate-supporting projects including distributed solar and storage. The bank and four others received a total of $6 billion in federal awards.
