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Energy Storage

SunPower secures $450 million to support loan business

The capital raise is expected to support SunPower’s residential solar and storage loan program.

Sunrise brief: California senate transport committee passes solar parking canopy and highwayside law

Also on the rise: Building the workforce with Solar 101 online learning. Regional Clean Hydrogen Hub applications seeking $7 billion in funds. And more.

Generac unveils commercial and industrial scale battery energy storage system

Zero-emissions SBE series of stationary storage systems will be available in capacities from 200 kWh to 1,000 kWh.

Sunrise brief: Maryland now the 10th state with an energy storage procurement goal

Also on the rise: Robots may help with the solar workforce challenge. Flipping the switch on the Vanderbilt I Solar Farm. And more.

Maryland passes energy storage target of 3 GW in 10 years

It is now the 10th U.S. state to set a goal for energy storage procurement.

Sunrise brief: Tesla announces Megapack stationary battery factory, eyes 2.3 TWh production in master plan

Also on the rise: Solar-powered cannabis cultivation. U.S. costs are too high for new Chinese solar polysilicon factory. And more.

Tesla announces Megapack stationary battery factory, eyes 2.3 TWh production in master plan

Tesla’s announced second Megafactory will be located in Shanghai and come online by 2024, increasing the company’s annual global Megapack manufacturing capacity to 83 GWh/year. At this rate, and according to Tesla master plan, only 55 more Megafactories are needed in order to achieve 100% clean energy globally.

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Canadian Solar rebrands global development business as Recurrent Energy

Recurrent Energy was previously the company’s North American developer, whereas it will now encompass its Global Energy segment.

Sunrise brief: Summit Ridge Energy procures 1.2 GW of U.S.-made Qcells panels

Also on the rise: The Marigny Opera House in New Orleans goes solar, Tesla releases 3 TW solar master plan, New York City energy justice, and more.

Summit Ridge Energy procures 1.2 GW of U.S.-made Qcells panels

The order marks the largest domestic community solar purchase of solar panels in U.S. history and includes  20 MWh of Qcells Geli energy storage systems

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