Small-scale PV systems drove the installation of more than 200 GW of solar capacity last year and could support more than 300 GW this year. That means a reset for utilities.
Passing these bills would make the state among the most ambitious in the Midwest when it comes to growing storage capacity and encouraging business models that unlock the full potential of this technology, like the “virtual power plant” model.
Also on the rise: First Solar secures 1 GW module order. DOE advances $1 billion of $7 billion clean hydrogen strategy. And more.
The community choice aggregator entered a 20-year power purchase agreement for the 42 MW solar, 140 MWh storage project, located next to an existing Ormat Technologies geothermal facility.
As Part of the Investing in America Agenda, the funding will benefit about 74,000 students in 97 school buildings.
Solar represents 17.25% of the island state’s power mix. At the end of 2022, Hawaiian Electric had achieved 32% of its renewable procurement standard goal of becoming fully renewable powered by 2045.
Also on the rise: The energy transition is off-track, says IRENA. Solar group petitions to suspend Dominion Energy interconnection rules. And more.
The U.S. grid could require 225 GW to 460 GW of LDES capacity resources for a net-zero economy by 2050, representing $330 billion in capital requirements.
The decision extends the Lithium-Ion Battery Recycling Prize contest and builds on the nearly $3 billion invested in EV and battery technologies by President Biden’s Bipartisan Infrastructure Law.
A survey by Jabil and SIS International Research found that 88% of respondents are struggling to scale up production of energy storage systems to keep pace with heightened demand in the energy transition.
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