Vistra plans a third expansion the Moss Landing Energy Storage Facility in California.
On the company’s Q4 earnings call, the world-leading EV manufacturer again prioritized delivering cars over growing low-margin energy storage products, while solar products were barely noted. Both verticals grew though, solar by 68% and storage by 32%.
Also on the rise: Novonix acquires stake in KORE Power, becomes supplier of graphite anode materials. A 3,000 foot long solar-equipped noise barrier to be constructed in Massachusetts. California Community Power members procure 69MW of long-duration storage. DOE announces initiatives and support to rapidly accelerate community solar deployment. Generac to participate in virtual power plant service for Southern California Edison. Hecate Energy’s 500MW Cider Solar Farm will be New York’s largest, once completed.
Novonix will acquire an approximately 5% stake in KORE Power and will become the exclusive supplier of graphite anode materials to Kore Power’s large-scale battery cell manufacturing facility in the US.
The 69MW/552MWh lithium-ion battery storage resource will be developed by REV Renewables near Rosamond, in Kern County, California.
Southern California Edison entered an agreement with Generac to recruit and enroll solar PV and battery energy storage owners to participate in the program, which pays homeowners for exporting stored solar energy during peak demand hours.
The 3,000 foot long by 20 foot tall solar noise barrier is expected to generate 802,000kWh annually, or the equivalent of supplying 120 homes per year with electricity.
Bill Nussey describes in his new book a much larger role that he foresees for local solar and storage, and a correspondingly altered role for electric utilities.
At the National Community Solar Partnership summit, the DOE laid out plans to try to help meet the Biden administration’s goal of powering 5 million homes by 2025 with community solar.
Also on the rise: Enel may bring heterojunction solar module manufacturing to the US. Stem awarded 110MWh energy storage portfolio in New York. PG&E plans 1.6GW/6.4GWh battery storage portfolio through 2024. The 100,000 big box stores in the US could generate 84TWh of electricity from solar power on their rooftops. Greenbacker enters the world of floatovoltaics. Powin enters partnership with Celestica at its Monterrey, Mexico facility. Sol Systems to invest over $1 million in 2022 in five initial partner organizations.
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