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Markets & Policy

Sunrise brief: Sen. Manchin opposes Build Back Better; solar stocks tumble

Also on the rise: New York Governor unveils ambitious plan for 10 GW of distributed solar by 2030. Colorado co-op to exit utility in order to access low-cost renewables. Engie completes 2.3 GW portfolio that includes 13 projects. Black Bear Solar project to be among largest in Alabama. Phospherene nanoribbon “wonder material” that boosts perovskite performance to 21% efficiency.

To access low-cost renewables, a Colorado co-op plans to exit Tri-State utility

United Power plans to work with other power suppliers over the next two years to secure alternative power supply on the open market.

Sen. Manchin opposes Build Back Better, tanking solar stocks

The Democratic Senator, who holds a must-have vote, condemned the bill Sunday. Solar stocks fell precipitously at market open Monday.

Engie completes 2.3 GW renewable portfolio

Owned jointly with Hannon Armstrong, the portfolio is comprised of 13 renewable projects, including 1.8 GW of onshore wind and 0.5 GW of utility-scale solar.

130 MW Alabama solar project secures financing

The Black Bear Solar project will be among the largest in the state once it is completed, and it will deliver electricity to a wholesale power provider for 11 public power utilities in Alabama.

New York Governor unveils strategy to achieve a minimum of 10 GW of distributed solar by 2030

Governor Kathy Hochul announced a plan that is expected to generate enough clean electricity per year to power nearly 700,000 additional New York homes, including those in disadvantaged communities.

Sunrise brief: Prairie Wolf Solar project begins operation in Illinois

Also on the rise: GameChange Solar plans to use $150 million investment by Koch Strategic Platforms to expand market share and accelerate R&D. Brooklyn Public Library recently completed 21 kW solar plus storage project includes SimpliPhi lithium ferrous phosphate-based storage.

Lockheed Martin to provide flow battery for 103 MW Alberta solar + storage project

The Saddlebrook Solar + Storage Project will be a 102.5 MW installation, paired with 6.5 MW/52 MWh of Lockheed Martin’s GridStar Flow battery technology, and will be the largest flow battery energy storage facility in Alberta.

GameChange Solar receives $150 million investment by Koch Strategic Platforms

GameChange plans to use net proceeds from the investment to continue to expand its market share in the U.S. and globally and to accelerate R&D including balance of system solutions, new 2P tracker technology, a new fixed tilt system, and advanced tracker software.

Sunrise brief: California is the first state to require solar power and batteries for all new commercial structures

Also on the rise: Canadian BIPV manufacturer releases solar modules that look like roof shingles, microgrids solve modern-day energy challenges, what may be the world’s largest battery complete, Colorado utility releases RFP for solar with battery storage.

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