Markets

ERCOT’s pilot project, designed in less than a year, will support grid reliability and is expected to be ongoing. Some other grid operators have already launched or announced similar programs.

Also on the rise: Modeling microgrid design with Inflation Reduction Act incentives. First Solar adds 700 MW to 4 GW solar module supply deal with Silicon Ranch. And more.

The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.

Also on the rise: Tesla proposes enabling renewables developers to estimate a project’s interconnection costs. Utility-scale developer for sale. And more.

Solar, wind, geothermal, energy storage and other projects from 5 MW to 80 MW are encouraged to submit proposals.

The company has a 10 GW active project pipeline, largely in Texas, and 11 years of history.

The IRA crossed the political aisle by providing an additional 10% tax credit for solar and batteries in former fossil fuel regions – with some suggesting 40% of the United States is eligible.

Startup Quino Energy has raised more than $7.8 million to scale up its quinone redox flow battery technology. Harvard University and University of Cambridge researchers came up with the initial research for the battery design.

Also on the rise: Renewable PPA price relief from the Inflation Reduction Act may take time. Salient Energy zinc-ion battery passes UL safety testing. And more.

LevelTen Energy’s Q3 report shows U.S. solar and wind offer prices rose 9.6% in-quarter, and current market forces may continue this trend for some time.