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.”
Also in the brief: Elon Musk on cusp of a $730 million award, the 16 Camilla Solar Plant has reached commercial operation, a project approved in Maine and more.
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
Tesla finished Q1 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.
The two companies have invested $13.2 million into Amply Power, a service that combines EV charging hardware distribution and fleet management software into one customer-focused package.
Also in the brief: Solis has earned SunSpec rapid shutdown certification, EDF renewables has partnered with Cubic Corporation on a solar, storage and EV charging installation, NextEra Energy has raised $4 million in COVID-19 emergency assistance and more.
Real-time pricing of electricity can help integrate renewables, reduce costly and polluting peak-period generation, and save customers money, the trade groups say. They call for California to make real-time pricing an option in the San Diego area.
Is there any good reason for putting solar on a Tesla Cybertruck? or is it just virtue signaling? On the other hand, how far are you driving tomorrow? Do you have range anxiety or just general anxiety?
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