DOE recognizes long duration energy storage as a critical technology
The U.S. grid could require 225 GW to 460 GW of LDES capacity resources for a net-zero economy by 2050, representing $330 billion in capital requirements.
Sunrise brief: Panasonic introduces home battery for new and existing solar arrays
Also on the rise: Top risks for solar assets–Financial modeling. Rutgers University to add 15 MW of solar carports. And more.
Top risks for solar assets: Financial modeling
Production modeling, asset availability, capital costs, tariff risks, and degradation uncertainty are reviewed in a report from kWh Analytics.
People on the move: EDP Renewables, Altus Power, and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Top risks for solar assets: Extreme weather
The first of a three-part series on solar asset risks. Next, we will review kWh Analytics risk evaluation for financial modeling and asset operations.
People on the move: Aspen Power, Solar Landscape, CubicPV and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Sunrise brief: House to consider repeal of Investment Tax Credit and Production Tax Credit
Also on the rise: Green hydrogen market to grow six-fold to $1.4 trillion, said Deloitte. CubicPV receives $103 million commitment for U.S. wafer manufacturing. And more.
CubicPV receives $103 million commitment for U.S. wafer manufacturing
Driven by incentives in the Inflation Reduction Act, CubicPV plans to establish 10 GW of conventional mono wafer manufacturing capacity in the United States. The wafers produced by the new facility could fill a void in the domestic supply chain as well as create 1,500 new direct jobs.
Spearmint Energy secures $200 million loan to develop storage in Texas
The credit facility with Aiga Capital Partners will enable the development of Spearmint’s BESS portfolio in the Texas ERCOT market.
USDA offers tool to help rural co-ops apply for $9.7 billion renewables program
Rural electric co-operatives seeking support for renewable and clean energy projects under a $9.7 billion USDA program can now access an emissions reduction calculator to begin preparing a preliminary application.
