George Hershman, executive chair of SEIA and chief executive of SOLV Energy shares his perspective on aspects of the Inflation Reduction Act one year later.
The process of pairing solar with agriculture has proven to be mutually beneficial for farmers and solar developers.
The Milagro Solar+Storage project is projected to create about 200 jobs during the peak of its construction phase and will generate an estimated $7.9 million in tax revenue during the facility’s operating lifetime.
Fossil fuel-powered generators are strapped with emission concerns, maintenance needs, and potential personal risk, whereas a battery-based energy storage system is safe, efficient and has a very low operating cost.
Also on the rise: Not all ‘lithium-ion’ batteries are dangerous. Solar industry should focus on virtual power plants, says DOE’s Jigar Shah. And more.
An international research group has analyzed a vertical bifacial agrivoltaics system in a drought-stricken part of Chile. They say that the solar array can improve water efficiency for crop irrigation, while the vertical system configuration optimizes PV power generation throughout the day, minimizing curtailment.
With the days of solar net metering “numbered” and more utilities looking to deploy virtual power plants that compensate owners of distributed storage, industry veteran Jigar Shah sees virtual power plants as a route to industry success.
As the energy storage trend unfolds, stories litter the media landscape about lithium-ion batteries catching fire, and even exploding. It’s a valid concern, and the time for consumers to understand a basic truth about lithium-ion batteries is long past due.
Also on the rise: Honeywell invests in ESS to advance adoption of iron flow battery energy storage. Panasonic introduces half-cut HJT residential solar module, and more.
The intrinsic efficiency of renewables will lower the overall cost of energy from 4% of GDP today to about 2.5% by 2050, said a report from DNV.
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