Fuel cell builder Bloom Energy continues streak of business math errors and lack of profits
A likely profitless 2019 will bring Bloom’s streak to 76 profitless quarters. Its most recent business math error has the firm restating years of earnings.
Software can drastically improve the economics of commercial solar
Jigar Shah of Generate: “Load flexibility is the giant issue nobody is talking about…Extensible Energy’s load-flexibility software is a win-win for the solar contractor and the building owner. Building owners get a higher ROI and faster payback time, and the solar contractor can offer an easy-install demand charge solution with or without batteries.”
Reactive power produced on-site increasingly important as solar power and EVs go mainstream
Cutting costs and integrating clean energy with local reactive power generation.
Trump budget request boosts nuclear, clean coal – while solar, ARPA-E and energy R&D are cut
Presidential budget requests rarely make it through congress. Nevertheless, this budget reveals the administration’s radical goals. Bad news for ARPA-E , EPA and Energy-Star.
Ten sunniest US states added 1.8 GW of small-scale solar in 2019, as solar advocates press for more
Solar contractors added another 1.8 gigawatts of small-scale solar in the ten sunniest states last year. In Hawaii and California, solar groups described their ambitious policy goals to keep the momentum going.
Green hydrogen backed by US solar firms 8minute and Intersect Power
Two solar firms have helped launch an industry group promoting green hydrogen, which is produced using solar or wind power. The group backs a Utah project that would use 30% green hydrogen in 2025 and 100% green hydrogen by 2045.
Tri-State to add more than 700 MW of solar by 2024
Tri-State Generation and Transmission has revealed new aspects of its Responsible Energy Plan, including the addition of 1 GW of wind and solar by 2024 and a 90% carbon emission reduction from Colorado-based generation by 2030.
Morning Brief: Virginia fills third-party pilot, S.C. House calls for Santee Cooper to go clean
Hello one and all and welcome to the first morning brief of your work week. Today we have BoxPower delivering microgrids to earthquake-affected communities in Puerto Rico, and Sullivan Power winning an award for its UC Irvine installation.
Kresge Foundation backs solar+storage for buildings housing low-income residents
To help safeguard residents’ health and comfort during an extended power outage, a new program will provide loan guarantees for solar+storage installations that could keep cooling systems, medical equipment and refrigerators running.
Hawaiian Electric plans for 70% renewables by late 2020s, exceeding targets
To integrate an increasing percentage of renewables, Hawaiian Electric has turned to a standard solar+storage framework, matching all new solar capacity with an equal capacity of storage with four-hour duration.
