Sunrise brief: SolarEdge $590 million capital raise “expands the war chest,” said ROTH
Also on the rise: Invasion of Ukraine an inadvertent boost for green hydrogen. 175MW Pike Solar and Storage Project cleared for construction in Colorado. Joint development agreement for light-optimizing, energy-producing modules designed to top agrivoltaic greenhouses. Barrio Solar wants to help Brooklyn homeowners go solar. While interconnection seen as a bottleneck to solar, three grid regions processed 25GW of solar interconnection requests last year. The 400MW Obsidian Solar Center in Oregon gets final approval. Research on semi-transparent organic photovoltaic filters for agrivoltaic greenhouses.
175MW solar and storage project cleared for construction in Colorado
The Pike Solar Project will supply electricity and storage services to Colorado Springs Utilities under a 17-year power purchase agreement.
Invasion of Ukraine an inadvertent boost for green hydrogen
Rystad Energy and BloombergNEF indicate that the impact of the war has sent prices of fossil fuel-tied forms of hydrogen production surging, leaving the gradual but consistent downward price trend of green hydrogen now looking remarkably competitive.
SolarEdge $590 million capital raise “expands the war chest,” said ROTH
A recent offering of 2 million shares at $295 arms the company with capital for “acquisitions and general corporate purposes.” Philip Shen, managing director, ROTH Capital Partners said in an industry note the offering was “well timed,” reiterating a buy rating.
Non-profits partner to help homeowners go solar in Brooklyn
Barrio Solar wants Brooklyn homeowners to go solar in order to lower Con Edison bills, property taxes, and greenhouse gas emissions.
Photoluminescent solar PV for greenhouses
Heliene, a solar panel manufacturer, and UbiQD entered a joint development agreement for light-optimizing, energy-producing modules designed to top agrivoltaic greenhouses.
US DOE invests $5 million in advancing lithium battery manufacturing and workforce
This workforce initiative is intended to boost the nation’s global competitiveness within battery manufacturing, while strengthening the domestic economy and clean energy supply chains.
Oregon’s largest solar project gets final approval
The 400MW Obsidian Solar Center represents a 25% increase in the state’s total installed solar capacity, finally gaining approval after years of addressing land use complaints.
Three grid regions processed 25GW of solar interconnection requests last year
Interconnection is widely seen as a bottleneck slowing solar deployment. Even so, three regional grid operators processed 25GW of utility-scale solar interconnection requests last year, an amount exceeding utility-scale solar installations in the entire US during the year.
Sunrise brief: CHARGE Act lays groundwork for making critical changes to energy transmission planning and operations
Also on the rise: DOE introduces five-year plan for reducing environmental impacts of solar. Three Wisconsin utilities to buy stake in $433 million Paris solar-plus-storage project. A group of 22 bi-partisan California legislators call on regulators to maintain net metering. Maxeon to provide 400MW of solar modules to Origis Energy. Source Renewables, Sol-REIT partner to develop 100MW of low-income solar.
