New Hampshire utility offers dynamic rates for distributed storage exports
An owner of an 8.6 kW PV system and eligible battery system could earn up to $1700 per year in credits under a New Hampshire utility’s dynamic rate program. Certain standalone storage systems, electric vehicles, and EV chargers are also eligible.
Sunrise brief: Virtual power plants could save utilities up to $35 billion by 2033
Also on the rise: Why solar assets are underperforming expectations by 8%. Ikea bets on Meyer Burger’s heterojunction solar modules. And more.
HVAC, lighting and solar integrator raises Series E round
The add-on funding brings the energy services company’s cumulative Series E round to $250 million, and represents a significant step towards expanding Redaptive’s offerings and procuring new customers, the company said.
Sunrise brief: Solar testing group warns of degradation risk for TOPCon
Also on the rise: Big PV plants may have positive climate impact in deserts, say researchers. California bill to mandate bidirectional chargers for all EVs sold after 2026. And more.
BayWa r.e. procures credit facility for 2024-26 portfolio
Funding will support BayWa r.e.’s efforts to advance its pipeline of solar, solar-plus-storage (1.1 GW) and storage projects (188 MWh) across five states.
Oregon utility’s IRP calls for 400 MW energy storage development
The 400 MW nameplate capacity projects can provide enough clean power for 260,000 homes at four-hour intervals during peak power usage times such as weeknights from 5 p.m. to 9 p.m.
California bill to mandate bidirectional chargers for all EVs sold after 2026
California’s legislature advanced SB-233 last week. If the 14 million+ cars currently registered in the state had a 75 kWh battery, the combined energy storage would amount to just over a terawatt-hour.
Sunrise brief: Five state energy leaders describe how IRA incentives are helping their states
Also on the rise: Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit. LG launches U.S. residential energy storage system. And more.
LG launches U.S. residential energy storage system
The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.
Sunnova doubles customer count in Q1 2023
The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers.
