People on the Move: Delta Solar, Convergent Energy, Volt Energy Utility, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
Energy storage firm Broad Reach gets a $400 million equity infusion
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
Utilities seek OK from West Virginia regulators for five solar projects
A 2020 bill authorizes electric utilities to own and operate up to 200 MW of renewable energy facilities.
CSI Solar to cooperate with CATL on battery energy storage
CSI’s parent Canadian Solar said it has a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction.
Utilities and financial investors are investing in renewables, especially hydrogen, like never before
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
Sunrise brief: Florida bill targets solar net metering
Also on the rise: Ohio regulators OK another 600 MW of solar, and a megawatt-scale bifacial solar project enters service near the Arctic Circle.
Florida bill would cut solar net metering compensation
The bill would shift compensation rates to the utility’s avoided cost of generation, and open the door for a host of fixed charges aimed at solar.
Ohio regulators approve another 600 MW of solar
The projects include the 275 MW Cadence Solar Energy project, one of the largest projects to be approved for construction in the Buckeye State.
Sunrise brief: First Solar notches its biggest win via multi-gigawatt orders
Also on the rise: Consumers Energy will add 400 MW of solar, an agrivoltaics clearinghouse launches to help drive the movement, and John Weaver lays out the case for continued California net metering.
