Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration.
LevelTen Energy released its quarterly PPA Price Index Report, showing an increase in prices following a modest drop in Q1.
The funds seek to build energy resilience in Puerto Rico, where hurricanes and other extreme weather frequently leave residents without power.
High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty.
Also on the rise: $1B in financing for 400 MW/1600 MWh solar-plus-storage project. Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries. And more.
The company plans to deliver its first systems in 2025 and open a full-scale production facility in 2027.
A webinar hosted by Roth Capital Partners looked at the health of the residential solar market and forecasts for next year.
The nation’s largest grid operator told renewables trade groups that it will launch a transmission planning process ordered by the Federal Energy Regulatory Commission.
Q2 2024 saw 44 states plus the District of Columbia and Puerto Rico take a total of 182 distributed solar policy actions.
A review of indoor PV cell technologies by an international research team delves into recent progress, characterization, and design strategies used to develop highly efficient cells. The study presents 250 commercial and laboratory devices, as well as applications and performance reporting.
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