Southern California Edison wants its new, huge 770 MW battery storage procurement online fast
In an era of plunging battery costs, these awards point to the end of intermittent renewables and the dawn of dispatchable solar and wind.
Renewable advocates suspicious of FERC’s relationship with anti-net metering group
In response to a petition filed by the New England Ratepayers Association calling on FERC to federally control net metering, The Center for Biological Diversity has filed a Freedom of Information Act request to examine FERC’s relationship with the group and one of its attorneys.
Morning Brief: PG&E customers ready to ride out fire season with batteries, are EVs holding back stationary energy storage systems?
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
The world added .115 terawatts of solar power in 2019 for a cumulative .629 terawatts
IEA PVPS report: Global solar demand increased by 12% in 2019 compared to 2018 — but that was BC. According to the report, photovoltaics provided just under 3% of global electricity needs in 2019.
Philadelphia-area transit agency expects six-figure annual savings from 44 MW solar project
The transit agency expects to save “several hundred thousand dollars a year, on average” through its fixed-price contract for solar power. The agency’s sustainability program “is a platform not just for environmental improvements, but for financial improvements,” said an executive.
Huawei, Sungrow and SMA dominate global inverter market
Analysis from Wood Mackenzie shows global inverter demand grew 18% last year. The ten largest inverter suppliers accounted for 76% of the global trade.
Despite solar woes, Tesla turned its first-ever profitable Q1
Tesla finished Q1 2020 with a positive GAAP net income, driven by the profitability of the Model Y. However, the story was not so bright for solar, storage or corporate governance.
Soros Fund Management, Siemens make a big bet on EV charging
The two companies have invested $13.2 million into Amply Power, a service that combines EV charging hardware distribution and fleet management software into one customer-focused package.
Abu Dhabi’s 1.5 GW tender draws world record low solar bid of $0.0135/kWh
The tariff is around $0.0021 lower than the $0.0156/kWh French oil giant Total and Japanese conglomerate Marubeni Corp offered in Qatar’s 800 MW tender in late January. French energy company EDF and Chinese solar company JinkoPower reportedly submitted the record bid in the UAE exercise.
Utility-scale roundup: The days of big solar projects in the US are back
The number of large solar projects (say, 100 MW and bigger) is rapidly increasing in the U.S. — and pv magazine is keeping track. We’ve rounded up this week’s big news in big solar.
