Sunrise brief: Battery energy storage tariffs tripled; domestic content rules updated
Also on the rise: Bringing lithium-sulfur batteries closer to commercialization. Largest solar project in Wyoming moves forward. And more.
Texas is the proving ground for a new way of electric grid operation
Texas is uniquely suited to adopt virtual power plant technology due to its competitive, deregulated market. Its success highlights the “perverse incentive” of vertically integrated utilities in other states to make capital expenditures without discretion to raise profits.
21 states accept the grid modernization challenge
The Federal-State Modern Grid Deployment initiative aims to shore up the U.S. energy grid to prepare for both challenges and opportunities in the power sector.
Battery energy storage tariffs tripled; domestic content rules updated
Breaking down U.S. market impacts on energy storage from recent policy changes with insights from Clean Energy Associates.
Largest solar project in Wyoming moves forward
The $1.2 billion Cowboy solar project will be built by Enbridge, with 771 MW expected to be fully operational by 2027.
Guaranteed and transferable tax benefits will make the PV industry too big to fail
Trina Solar executive says policies in the Inflation Reduction Act will make or break the future of solar in the U.S.
Sunrise brief: Solar industry panel cautions about 2025 Texas Legislature
Also on the rise: Florida does a heel-turn on renewables, solar provides 31% of California’s electricity in April, and perovskites move into production.
J.P. Morgan commits $680 million tax equity financing for solar and storage
The funds support project developer Ørsted’s portfolio in Texas and Arizona.
“Green zealots” scare Florida administration from 100% renewable goal
In a significant policy reversal, Florida has scrapped its renewable energy targets for 2050, imposed a complete ban on offshore wind projects, and eased regulations for gas pipeline expansions.
Solar industry panel cautions about 2025 Texas Legislature
According to BloombergNEF’s just released 1H 2024 US Clean Energy Market Outlook, Texas promises to top the charts in terms of solar, wind and battery storage deployments in the period from 2024 to 2035. But it’s position as the number one U.S. state for renewable energy is not a given, as panelists made clear at last week’s RE+ Texas conference in Houston, Texas.
