New CESA report claims California needs to deploy 55 GW of long duration energy storage by 2045
The new report is in-line with models developed by state regulators, however helping the state to achieve such rapid and exponential deployment goals will require significant regulatory and procurement overhaul.
Morning Brief: Brookfield to buy Exelon’s solar business for $810 million, NRG Energy issues $900 million in sustainability-linked bond
Also in the brief: Panasonic’s new solar modules
Ohio bill looks to ban large-scale solar development
Just a year removed from the passing of the state’s controversial House Bill 6, legislation has been introduced that would halt the development and buildout of large-scale renewable projects for up to three years.
Morning Brief: Tesla’s lack of diversity, 7X Energy partners with Nestlé as tax equity investor for 250 MW solar project
Also in the brief: Senators optimistic that a bipartisan energy bill could be passed this year, CESA released a study that found a need for up 55 GW of long duration energy storage in California by 2045.
Morning Brief: Loanpal’s record originations means residential solar is going strong, SCE adds 590 MW of energy storage
Also in the brief: The American-made solar prize, and six Clearway Community Solar projects kick off construction across Illinois
World’s largest residential virtual power plant coming from Alphabet-backed SIP and OhmConnect
Like Airbnb, but monetizing spare energy: “The first big step towards opening the door to a massively transactive grid.”
Morning Brief: Energy transition SPAC spreadsheet, Ørsted goes big on solar, Tesla’s lack of diversity
Also in the brief: Tesla’s first-ever Diversity, Equity and Inclusion Impact report shows the Elon Musk-helmed EV pioneer’s U.S. leadership is 83% male, and 59% white. Joe Biden weighs the 25% China import tariff, Some Cadillac dealers choose not to invest in an EV future.
Michigan’s solar industry awaits order in Consumers Energy’s rate case
After Consumers Energy raised its net metering cap as a bargaining chip, some advocates see a Value of Solar study as a way to ensure that the rates that have allowed the state’s small-scale solar market to flourish remain in place.
Illinois regulators restore retail-rate net metering
The Illinois Commerce Commission says no to Ameren’s claim it had reached a 5% cap for retail-rate net metering in its service territory, siding with advocates who figured the real percentage was around 1.4%,
Morning Brief: Joe Biden weighs the 25% China import tariff, plus the chart of the day
Also in the brief: Loanpal closes largest residential solar securitization to date, and a model for solar-plus-storage assets.
