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Markets & Policy

Subsea pumped storage tech secures funding from U.S., German governments

A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology.

Coalition of 28 organizations files brief in support of continued net metering in Puerto Rico

Solar and battery manufacturers as well as non-profits filed a bill stating that the net metering policy was legally enacted and is crucial for the ability of Puerto Ricans to keep the lights on.

Should the solar tax credit be 80%?

In markets where consumers face volatile methane prices, MIT researchers propose that increasing installation incentives may be the most effective way to maximize social good and mitigate long-term risks in U.S. electricity markets.

A solar-powered economy

On Day One of pv magazine Week, Dr. Heather Boushey, chief economist in the Investing in America Cabinet, shared insight into the ways in which solar has become an economic driver since passage of critical clean energy policy.

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Sunrise brief: Robust demand for transferable tax credits

Also on the rise: Solar wins on cost. Retrofitting batteries increases solar plant revenue 29% to 81%. And more.

Tesla releases Powerwall 3 expansion units

Each expansion unit adds another 13.5 kWh of storage capacity to the original installation with a maximum of three such units connected to a single Powerwall. Now available in the US, the new product comes at a lower cost and slashes installation time by roughly half to 22 minutes.

Seven rural co-ops to add 3 GW of renewables and storage and retire coal units

A Colorado-based generation utility will add renewable capacity and retire coal units, while six other rural electric co-ops plan to add 1.75 GW of clean energy capacity under a federal program designed to lower electricity costs.

Robust demand for transferable tax credits

During pv magazine USA Week, Crux co-founder and CEO, Alfred Johnson shared insights on the accelerating multi-hundred-billion-dollar transferable tax credit market.

Retrofitting batteries increases solar plant revenue 29% to 81%

In areas with high population density or abundant solar energy, adding one to four hours of battery storage to a solar power facility can significantly increase site revenue. However, the added value diminishes with storage capacities exceeding four hours.

Solar wins on cost

On Day One of pv magazine USA Week, a panel of experts explored the levelized cost of energy as well as current challenges to capacity expansion.

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