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Markets & Policy

Morning Brief: the North Carolina solar industry has weathered Covid well, Vistra announces battery expansion

Also in the brief: Consumers Energy is providing 100,000 Google Nest thermostats to Michigan households, Tesla has quietly made Model 3 ready for bidirectional charging, SolSmart adds new partners.

Hornsdale and its big Tesla battery exceed expectations as storage revenue surges

The surge in storage revenue due to specific grid conditions in Australia was one of the main factors behind a 61% year-on-year increase in revenues that Neoen saw in the first quarter of the year.

Job Moves: New CEO at Solaria, plus Primergy, NovaSource, Lithos, EPRI, APS, MEI, ACORE

Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.

The future of cars is electric – but how soon is this future?

According to a new report by Bloomberg New Energy Finance, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.

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Sunny places could see average solar prices of $0.01 or $0.02 per kilowatt-hour within 15 years

New research models that the price of solar will continue to drop faster than previous predictions. This would mean that building new solar would be routinely cheaper than operating already-built fossil fuel plants, even in today’s world of ultra-cheap natural gas.

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Morning Brief: Trump administration slaps retroactive rent bills on solar, wind on federal lands

Also in the brief: Lightyear gets a key supplier, a nine-project network in New York, the 25th National Solar Tour of Homes and more.

New Columbia Solar closes the biggest-ever tax equity deal for D.C.-based solar

$40 million is coming down the pipeline via an agreement between New Columbia Solar and Franklin Park Infrastructure. The money will not only help New Columbia to expand its team, but also bring 30 MW of distributed solar to the area with the nation’s most aggressive renewable energy standard.

University of Queensland’s Tesla battery paying for itself

The University of Queensland has released a performance report on the Tesla Powerpack it installed in December 2019. Across a range of revenue streams, the Powerpack is already earning the university some serious cash.

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Historic Hawaiian tender will increase state’s solar capacity 50%

16 project winners totaling 460 MW in capacity have been chosen by Hawaiian Electric Company to fill its most ambitious renewable procurement yet. The move will bring jobs to one of the areas hardest-hit by virus-related unemployment.

Quinbrook launches Primergy Solar to develop solar and battery storage across North America

The Oakland-based developer is focused on solar-plus-storage and will be developing the massive, new 690 MW Gemini solar project with its 380 MW/1,400 MWh lithium-ion battery.

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