Finance

Also: Despite a rosy forecast, creating energy storage projects with competitive economics has been an elusive endeavor. Plus, rate design innovations are boosting the energy transition and Plug Power raises $1 billion for U.S. green hydrogen infrastructure build-out.

Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.

“Because economies were shut down, we also had concerns about the companies in which we had investments, and we had to think about how we could help those companies get through the pandemic.”

Researchers from Clean Kilowatts and Lawrence Berkeley National Laboratory have developed software that predicts the most important business model interventions for closing the gap of residential PV adoption between high-income and low-to-middle-income areas.

“As Congress looks to recover jobs and spur new economic activity that leads to job growth and consumer savings, they should prioritize extending and expanding the ITC for distributed clean energy,” CALSSA said.

Another week, another wave of investments in the clean energy transition.

The tracker company has seen significant growth in 2020 and has performed well since going public in October. With a strong order sheet, including 1.4 GW of trackers from Lightsource BP alone, the company is showing no signs of slowing down in 2021.

Despite the coronavirus pandemic, the photovoltaic inverter maker grew its revenue compared to the previous year.

Oxford PV is currently building a manufacturing facility for its silicon perovskite tandem solar cells in Brandenburg an der Havel.

“We’ve averaged 2.4 cents a kilowatt hour for the last six months for PPAs. That’s actually too low. I think we would be fine at 3.4 cents… I don’t think that solar and wind industries would skip a beat [without their tax incentives], and they have other policy mechanisms.”