Markets & Policy

The companies plan to buy more than 425,000 RECs, which may include solar renewable energy credits.

If we’re honest about our current power grid development reality, we will accept that it is renewables that have been footing the bill for upgrades to the power grid.

Dubbed the “Net Value Billing Tariff,” the program would be targeted at low-income and disadvantaged customers, who would be compensated based on the value of a project’s generation at the time it’s provided to the grid.

Meyer Burger is one of the world’s leading research and implementation companies developing new solar power technology.

Also on the rise: PVEL crowdsources inverter performance data, and DOE offers a $2.5 million prize to expand energy justice and inclusiveness goals.

The deal is for fully integrated two-hour battery systems for 390 MW of new battery storage projects, all of which are expected to start construction by the end of 2022.

Also on the rise: Arevon taps Tesla for 6 GWh of storage, ABB launches a fast vehicle charger, and DOE offers a $2.5m prize to advance energy justice goals.

The prize is intended to fund organizations working with disadvantaged communities in clean energy as well as foster connections between DOE and innovators.

Components are factory pre-assembled and both models include a string inverter system and Tier-1 lithium-ion batteries.

The company said its root cause review has not found any battery temperature measurements in excess of established limits at the time safety systems activated.