U.S. added 6.4 GW of small-scale PV last year
Small-scale PV additions last year exceeded additions in 2021 by 1 GW, and additions in 2020 by 2 GW.
Raptor Maps points to growing problem of PV system underperformance
Raptor Maps analyzed 24.5 GW of large-scale solar assets and determined that power losses due to equipment anomalies nearly doubled from 1.61% in 2019 to 3.13% in 2022. At the module level, cell and diode anomalies were the most common issues, it said.
Distributed generation finance platform raises $25 million
Banyan Infrastructure is raising a $25 million Series B equity round from Energize Ventures, SE Ventures and Elemental Excelerator to digitize the manual process of procuring project finance between banks, investors and project developers.
North America’s bid to onshore rare earth supply
With electric vehicle (EV) adoption set to turbocharge demand for rare earth elements in Canada and in the United States this decade, attempts are being made to loosen the region’s dependence on China for the sourcing and processing of such critically important energy transition materials.
Honda reusing vehicle fuel cells to build 500 kW stationary fuel cell system
Honda has revealed that it is testing a pilot stationary fuel cell stationary power system in California.
Sunrise brief: Solar, wind, storage account for 82% of new U.S. capacity additions
Also on the rise: Lessons learned from state community solar program caps. Meyer Burger shifting to 100% glass-glass bifacial. And more.
Five actions for effective renewables finance risk management
In some instances, the cost of insurance could exceed 25% of annual operating and maintenance expenses, said insurance broker Marsh. The firm offers five actions to properly evaluate risks and drive portfolio growth.
Portable household generator charges in one hour
Zendure recently introduced the SuperBase V, a generator that can be powered by the sun, charge two EVs at a time, and provide power to the home for a week or more.
Silicon anode battery producer files for 5 GWh production facility in Colorado
Located in Brighton, Colorado, the facility will become the first large-scale commercial advanced manufacturing center for silicon anode lithium-ion batteries by the time it opens in 2025. The facility will be built in phases, with the first phase starting with an initial 500 MWh of production at the facility which at full scale will produce 5 GWh.
Expanding solar finance and leverage warrants increased solar revenue insurance
Once considered a low-cost investment, the price to build solar assets has increased considerably. To combat rising costs due to inflation, kWh Analytics partnered with project developer Pivot Energy to provide Solar Revenue Put production insurance across the developer’s multiple distributed solar projects totaling 70 MW in six U.S. states.
