Fast charging battery startup to launch research and development hub in California
StoreDot is opening the facility with the hope that the additional research and development capacity will allow the company to commercialize its battery products by 2024.
Sunrise brief: Customer-sourced power makes it into a utility’s resource plan
Also on the rise: SolRiver Capital buys an Oregon solar development portfolio, Swell Energy expands its distributed power plant model, and a shift in focus is coming to a DOE loan program.
Distributed energy wins a spot in PGE’s resource plan
The Oregon utility said that as much as 25% of peak demand power in 2030 could come from customer-owned solar panels, batteries, and electric vehicles.
Sunrise brief: Koch JV expands its move into battery energy storage
Also on the rise: SEG Solar expands its module production in Cambodia, Kentucky’s solar pipeline looks impressive, and Summit Ridge starts work on a community solar portfolio.
Koch forms JV to explore building a U.S. battery gigafactory
The 50:50 joint venture with Norway-based FREYR could result in factories with an initial production capacity of 50 GWh per year by 2030.
Sunrise brief: U.S. and China to dominate energy storage markets through 2030, report says
Also on the rise: Sunnova will market solar plus storage in Home Depot stores, and we take a look at top factors to consider in deciding whether to buy or lease your home solar panels.
BrightVolt closes Series B fundraising for its lithium-ion battery development
Funds will be used to develop larger form factor products targeting industrial electrification and e-mobility markets.
Sunrise brief: SunPower weighs options for its C&I business as it focuses on residential solar
Also on the rise: Massachusetts considers SMART program changes, EV demand could tighten li-ion battery supplies for utility energy storage, and Greenbacker adds to its Colorado solar portfolio.
Supply shortages likely to hit utility energy storage as EV demand grows, IHS Markit says
Cell manufacturers are expected to prioritize larger customers in the automotive industry over relatively small energy storage system integrators.
Sunrise brief: Moss Landing incident likely not due to li-ion batteries, Vistra says
Also on the rise: Arevon taps Tesla for 6 GWh of storage, ABB launches a fast vehicle charger, and DOE offers a $2.5m prize to advance energy justice goals.
