The DCF from a solar project’s electricity generation increases by 46% when shifting the project from today’s standard 25-year lifetime to a 50-year time scale.
Also starting up: Leap Photovoltaic turns to 3D printing to slash solar cell production costs, and solar EV startup Sono Motors files for its U.S. IPO.
Also on the rise: The White House announces a pared-down framework for its Build Back Better agenda, Tesla orders 45 GWh of EV batteries, and New Jersey makes its community solar program permanent.
Amp Energy is developing five separate solar power generation systems at four project sites in central New York State.
Also on the rise: Large format modules are gaining market share and presenting a new set of challenges, Honeywell and Duke will jointly test a flow battery, and Sunnova will offer EV charging through a partnership with ChargePoint.
Preliminary Q3 revenues were estimated at between $6.2 million and $7.2 million, while gross margin is expected to range from 18-20%.
Also on the rise: Ohio officials approve more utility-scale solar, SCE will add 2,150 MWh of energy storage, and large format modules are headed for standardization in a move driven by a Chinese trade group.
The deal includes more than 800 MW of solar and solar+storage in four states.
Also on the rise: D.E. Shaw lines up financing for a 149 MW solar project, Sunnova prices its latest securitization, and DOE awards $40 million for solar innovation projects.
The energy storage provider is a joint venture between Siemens AG and AES Corp., and said it aims to offer 31 million shares priced at between $21 and $24 each.
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