Markets & Policy

Under a seven-year contract with Con Edison, the utility will bid power from the battery system into New York State’s wholesale energy market.

Also in the brief: FERC and CAISO drama. Plus, U.S. solar PV system costs fell across all market segments from 2019 to 2020. And — the solar boom arrives in Ohio.

Here’s a year-end round-up of VC investments across the energy storage value stack.

Pro-solar groups have developed a guide for how municipalities and counties can encourage solar projects in Southwest Virginia, and The Nature Conservancy is eyeing the value that solar can bring to one of its big landholdings.

Also in the brief: Chart-of-the-day, plus Harley-Davidson goes big on solar. Quinbrook Infrastructure Partners established a joint venture with Birch Infrastructure to develop and construct renewables-powered hyperscale data center campuses in the US.

The final incentives from the state’s 2017 Future Energy Jobs Act have been awarded. With no emergency funds or new legislation pending, thousands of jobs could be at stake.

The proposed fees could end up costing the solar average homeowner more than $700 annually. Critics call the fees an attempt to take away consumer control over their power bills.

With enough property owners signing on to the program, developers should be able to install PV panels at group prices. At least some of the solar-equipped housing units must be rented to low-income people.

Arizona Public Service wants more battery energy storage capacity and has new safety standards in place, prompted by a 2019 thermal runaway event in a utility-scale BESS near Phoenix.

Here’s a list of solar firms that VCs funded during this pandemic year.