Distributed storage could save Texas $344 million per year by deferring transmission and distribution costs
Adding enough distributed storage to reduce peak demand by 20% could defer up to one-fifth of the transmission and distribution expenditures in Texas for about 10 years, a study found. Other states may find the study’s analytical insights to be useful.
The financial and social struggles of getting large solar projects financed
The pre-life of the Spotsylvania solar energy project has been riddled with financial and societal difficulties. As much as these issues have made a quagmire of development, it also provides a case study on the logistics of getting such a large project built.
Vivint beats on revenue — but losses widen in Q1 as residential solar hunkers down
Vivint beat estimates with $91.2 million in revenue in Q1, though, like with most other third-party solar companies, that was outweighed by $51.9 million in losses from operations. Installation figures fell during the quarter and are only expected to fall further, as Covid-19 runs its course on residential solar.
Morning Brief: Financing for a 200 MW project, EDP agrees to a power contract
Also in the brief: solar on schools in Virginia and a Hawaiian microgrid.
1 MW battery system meets the challenge of supplying power to a remote Alaskan community
Cordova, Alaska, a small fishing community in a remote part of Prince William Sound, has been able to find long periods of fossil fuel independence thanks to a new battery system developed by Saft.
Solar canopies can put PV panels in some new and interesting places
A major advantage of this design is the ability to string cables over a longer distance without the support needed in traditional racking approaches.
SolarEdge reports record revenue, yet Covid looms over residential PV for the next two quarters
Even though the U.S. market is showing some signs of stabilizing, the decline in installation rates in April alone was 33%.
SEIA calls for strengthening PURPA
About 9.3 GW of solar projects have come online thanks to the law known as PURPA. The national solar association argues that federal rules implementing PURPA “should be strengthened rather than weakened,” to ensure that solar facilities up to 80 MW may compete in every region of the country.
Sunrun weathers Covid for a strong Q1
The company reported strong solar deployments and revenue to start 2020, even with orders decreasing by as much as 40% for periods in March. And while the company has remained strong throughout the Covid-19 pandemic, additional sales decreases loom in Q2.
Regulatory developments shaping energy storage in 2020 so far
Customized Energy Solutions and the U.S. Energy Storage Association have released a new report analyzing the regulatory, legislative and market developments relating to energy storage across the nation’s RTOs and ISOs in the first quarter of 2020.
