Also on the rise: Fire alarms shut down Moss Landing Energy Storage facility. SolarEdge reports record revenue. Mosaic custs costs of solar loans. Policies are working in Illinois, where solar is surging. Wave energy isn’t expected to rival solar or wind power, but NREL sees use cases for the technology. Canada-US-Mexico panel says Section 201 tariffs violate agreement.
While there are mechanical and cost issues that currently block widespread adoption of wave energy, the National Renewable Energy Laboratory is exploring new ways to harness the power of the ocean’s waves.
Researchers from the United States have investigated how fuel cells and electrolyzers may be able to operate under intermittent availability provided by both wind and solar and have found that an affordable hydrogen-based system for seasonal energy storage could be achieved at a hydrogen price lower than $3, produced from inexpensive renewable electricity at $0.02/kWh.
A look at three different hydrogen projects from around the world including one at the U.S. Department of Energy’s Ames Laboratory, which launched a new catalyst based on nitrogen and carbon to extract hydrogen from hydrogen storage materials at mild temperatures and under normal atmospheric conditions.
Also on the rise: CommonBond enters solar finance market, hoping to lower costs. SunPower sells C&I business. BloombergNEF’s Jenny Chase says solar offers reasons for hope. NREL develops next-generation CSP. Greenbacker adds to solar portfolio. EV charging networks gets a boost. Nautilus grows community solar portfolio. Nature Conservancy releases Site Renewables Right map.
In studies led by NREL researchers, the DOE pursues an energy cost goal of five cents per kilowatt-hour.
Also on the rise: Terrasmart shares vision of its role in transition to renewables. AES using AI-powered bidding software. Excel commits to procuring 2.5GW of solar by 2030. T-Mobile subscribes to 10 Nexamp solar farms. Funding for water-based electrolysis for green hydrogen. ACORE wants to eliminate anti-renewable rule in New England. Job moves at Scout Clean Energy, PosiGen, QOS Energy, and more
Verdagy announced it secured a $25 million investment for its new electrolyzer technology.
Project Nexus is a pilot project that aims to build solar panel canopies over a portion of Turlock Irrigation District’s existing canals to operate and research a how water-plus-energy can meet California’s needs for climate resiliency.
Startup Rondo Energy closed a $22 million Series A funding round to decarbonize industrial processes with equipment that converts solar and wind energy into thermal energy.
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