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Markets & Policy

Americas set to lead global energy storage deployments, Wood Mac says

The U.S. tripled storage installations in 2020, accounting for 38% of new capacity, and is expected to lead future capacity additions.

Add electric vehicles, not bulk transmission, for a low-cost, clean grid: UC Berkeley study

A 90% clean grid with a transition to EVs would achieve lower electricity costs than one without, the study shows. Transmission investments would mainly be spur lines to new renewable generation.

Texas is poised for major growth in solar energy, EIA says

Much of the new utility-scale solar will be in West Texas where transmission capacity that benefits wind resources is helping to spur solar development.

Hershey secures 70 MW of solar to meet its emission reduction goals

Two projects, one in North Carolina and the other in Texas, will keep the candy maker on track to cut its emissions by more than 50% by 2030. 

GM and LG Energy plan a $2.3 billion electric vehicle battery plant

The automaker’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400V battery packs and up to 200 kW fast charging capability.

Sunrise brief: Capital Power signs solar VPPA for Budweiser brewery

Also on the rise: CleanCapital inks a $300 million commitment from Manulife, Power Edison BESS to set sail, and Gen. Grant’s historic New York cottage gets a solar-plus-storage system.

EnerVenue signs its first major distribution agreement

The deal with Hong Kong’s Towngas will pilot the company’s nickel-hydrogen battery technology and serve as an audition for future deals to come.

Amazon adds solar, storage, and wind as it pushes to hit 100% renewable by 2025

The company said it has 206 renewable energy projects globally, comprised of 71 utility-scale solar and wind projects and 135 solar rooftops on facilities and stores.

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Kit Carson hits its solar goal a year early

The electric co-op is en route to meeting 100% of its daytime energy load entirely with solar generation after securing financing for 21 MW of solar and 15 MW of storage.

Sunrise brief: D.E. Shaw finances Michigan solar project

Also on the rise: Capstone’s 132 MW solar project in Alberta enters service, Wallbox is looking for a site to make EV chargers, General Motors leads fundraising for battery-maker SES, NextEra buys more wind, and FTC Solar starts its IPO roadshow.

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