Span’s ambition is to “transform the electrical panel into an intelligent gateway” and help expand the adoption of solar, EVs and storage like Panasonic’s residential battery.
Bucking a volatile market, the company’s NASDAQ debut signals growing auto industry confidence in clean transport as engine for post-Covid economic recovery
Also in the brief: Solar-plus-storage microgrid project at the San Diego Blood Bank.
MIT scientists have suggested that used electric vehicle batteries could offer a more viable business case than purpose-built systems for the storage of grid-scale solar power in California. Such ‘second life’ EV batteries, may cost only 60% of their original purchase price to deploy and can be effectively aggregated for industrial scale storage even if they have declined to 80% of their original capacity.
Also in the brief: the California Solar and Storage Association has released an eight-point economic stimulus plan of action, PG&E’s restructuring will likely happen later this month, a new solar car, Mark Menezes’ nomination to become Deputy U.S. Energy Secretary and more.
Also in the brief: Consumers Energy is providing 100,000 Google Nest thermostats to Michigan households, Tesla has quietly made Model 3 ready for bidirectional charging, SolSmart adds new partners.
According to a new report by Bloomberg New Energy Finance, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.
Also in the brief: Lightyear gets a key supplier, a nine-project network in New York, the 25th National Solar Tour of Homes and more.
The global energy firm Wartsila found a least-cost renewables mix for the U.S. that involves overbuilding renewable capacity, but requires no seasonal storage, and needs only four to ten days of multi-day storage capacity. The analysis modeled meeting current uses of electricity, based on projected technology costs for 2030.
“The standard electrical panel has not seen major innovation for nearly a century.”
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