The company reported Q2 revenues of $4.3 million, up 57% from the same quarter in 2020.
Also on the rise: Recurrent Energy signs solar + storage deal with PG&E, a city in Maine puts the brakes on solar, and vehicle-to-grid still has a ways to go.
V2G tech could offer low-cost energy storage at a huge scale, but many barriers must be overcome.
Also on the rise: Aurora Solar expands its market reach with Folsom Labs deal, and researchers offer novel approaches to designing an east-west oriented solar project.
Powell is the former CEO of Green Mountain Power and takes over Sunrun’s corporate leadership as the company revises its growth outlook.
Also on the rise: Developers scrap an 850 MW solar project after local objection, Rivian plans a second EV plant in the U.S., Ohio regulators consider another 470 MW of solar, and more.
Made up of distributed residential energy storage, these “plants” stabilize the grid and often end the need for new fossil generation. Tesla customers in California are the latest to join the movement.
The first startup to reach the 40 Amp-hour benchmark for a solid-state cell has now achieved a breakthrough capacity retention rate of 97.3% after 675 cycles.
Researchers at the Pacific Northwest National Laboratory have developed a revolutionary lithium-metal battery chemistry that they believe will allow EV batteries to almost double capacity, while also overcoming historic setbacks.
Also on the rise: Jinko Solar and Maersk agree to work to ease shipping bottlenecks; and House and Senate bills target interstate rights-of-way for clean energy development, EV charging, and high-speed internet.
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