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Finance

Adding long-duration storage to the gas fleet lets the grid absorb more solar and avoid brownouts

Bill Conlon, founder of Pintail Power, believes hybridizing the existing gas turbine fleet with long-duration molten salt storage can help balance today’s complex grid and absorb more now-curtailed solar.

Energy Jobs: Vote Solar has a new programs director, plus Primergy, Ginlong, Leidos, Aypa Power, Prologis, US Bank

Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC — plus some select job openings.

The ‘Rubber-Band Effect’ on renewable energy project margins

On the journey from concept to monetized power plant, renewable/storage projects tend to get tugged toward “zero” margin (from either direction); and the further the rubber band is stretched, the stronger the pull back toward zero.

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Power and utility deal activity is down significantly to start 2020, but renewables show strength

A new report released by Ernst & Young shows that power and utility deals in the Americas saw huge drops in volume and value due to the Covid-19 pandemic, though commitment to renewable investment remains strong.

Morning brief: FERC greenlights MISO storage-as-transmission plan, Duke moves towards solar, storage in wake of $1.6B pipeline loss

Also in the brief: On climate, Kamala Harris has a record and profile for action, Vermont EPC Peck acquires California solar company Sunworks

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Hawaiian Electric finances – fewer tourists and less revenue challenges regulatory model

Over the course of the quarter, HECO experienced a reduction of 9.2% in kWh sales, HELCO 11.7% and MECO 24.5%, demonstrating the precariousness of Maui being so dependent on the constant influx of electricity-consuming visitors.

The best little utility-scale solar roundup in Texas

This week’s big solar roundup has a distinct Texas flavor. The number of large solar projects is increasing in the U.S. — and pv magazine is keeping track.

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Mosaic launches new solar finance offering with no payments for the first year

Outside of a 12-month promotional period where customers don’t have to make payments on the system, Mosaic’s newest offering, PowerSwitch Zero, also includes a contactless sales tool and and installer partnership product.

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Solar deployments down for Sunrun in Q2, but Vivint acquisition, VPPs and CCAs drive growth

“Order volumes have increased significantly” and Sunrun expects to grow megawatts deployed by over 20% sequentially in the third quarter.

Clean energy VC funding roundup: Residential flow batteries, solar sales software and financing, EV charging and more

Investors continue to invest and clean energy entrepreneurs continue to innovate — despite global setbacks. Here are six companies that won a total of $170 million in funding in recent days, ranging across the cleantech spectrum.

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