Solar supply chain trouble to ease this year, according to analyst
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
Feds to rescind review of 48 Chinese crystalline silicon companies
48 of the initial 83 companies have been found to have not be manufacturing or exporting any subject merchandise.
Sunrise brief: Goldman Sachs invests $250 million in Hydrostor
Also on the rise: Nearly half of all new capacity added to the grid will come from solar. Washington community solar bill garners support. Optimizer manufacturer Alencon expands manufacturing and R&D facilities outside of Philadelphia. GoodWe rebranding reflects the ‘smarts’ in its inverters and storage technology. Three California community choice jointly issued an RFP.
Alencon expands its Philly R&D and manufacturing facility
The company has also doubled its workforce and improved the energy efficiency of the facility, which is used to manufacture Alencon’s galvanically isolated DC:DC optimizers and research next-generation technology innovations.
Goldman Sachs invests $250 million in Hydrostor to advance long-duration energy storage projects
The investment is planned to support development and construction of Hydrostor’s 1.1 GW, 8.7 GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.
Appalachian Power looks to add 300 MW of solar over the next three years
The utility has released its short-term energy plan, as required by the Virginia Clean Economy Act.
U.S. policies continue to drive solar PV and wind power markets
Renewable power held a 19% share of the total power capacity in the U.S. in 2020, according to GlobalData. This share is expected to increase significantly to nearly 50% by 2030.
Sunrise brief: Palmetto captures PV potential of roughly 75% of U.S. rooftops
Also on the rise: Aerial inspection and site data service provider, Heliolytics, acquired by NovaSource. Solar panel recycling firm teams up with Solaris. Investment gets Texas PV developer IndustrialSun ready for launch. Community solar moves forward in Illinois. International team of researchers develop solar-powered hydrogen energy platform.
Rystad: Residential solar soars past C&I in 2021
Renewable energy and battery storage has racked up another banner year in 2021, according to end-of-year analysis from Rystad Energy. While there was growth across segments, residential solar has seen the most impressive gains, surpassing the commercial and industrial (C&I) segment for the year.
TVA attempts to block solar cooperative
The Tennessee-based power provider is trying to bar approval of a solar co-op in its territory. Project supporters are accusing TVA of protecting a monopoly.
