With $32 million in series B funding and an ever-growing project pipeline, air-based tracker startup, Sunfolding, is hoping to increase its hold in the tracker market with tech that’s simple, light and can be installed on terrain previously thought untouchable.
Terabase wins a $6 million Round A led by SJF Ventures, an early funder of Nextracker, for an integrated software platform to make building utility-scale solar more efficient, smarter and cheaper.
The lower projected costs for PV could help guide some utilities to plan for more PV capacity, as the utilities develop their long-term resource plans.
Texas and California lead the green grid trend, with PJM not far behind. ERCOT has 75 GW of solar in its interconnection queue — but how fast clean energy can displace natural gas and coal remains a key issue.
Also in the brief: Puerto Rico chooses solar over gas in grid redesign, U.S. clean power giants to join forces to build lobbying muscle.
Sense, a machine learning company, has found that a broader use of strategies for shifting home energy consumption can help alleviate grid strain, asserting that up to 55% of the electricity used in homes between 6-8pm is “shiftable.”
After raising $6 million in funding, the team at Myst AI is bringing to market advanced electricity forecasting models that can help electricity companies forecast electricity demand, renewable production and market prices more accurately than ever before.
A 10 MW, 40 MWh storage project on the Southern California coastline could provide the first link for a string of community microgrids that, according to the Clean Coalition’s Craig Lewis, could show that high penetrations of distribution-connected solar are entirely doable.
Soleil Energy, the EPC arm of the Wasatch Group, is beginning construction on a revolutionary virtual power plant program located on California apartment complex rooftops — with the roofs acting as community-based peaker plants.
Also in this morning’s brief: Outback Power partners up for home resiliency, the top 10 global solar developers — plus NextEra is ready to construct Eagle Mountain, a 1,300 MW pumped storage project that is fully permitted and shovel-ready.
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