LCOE not correct optimization parameter of PV plants, say researchers
New research from Italy shows the importance of considering power plant dispatchability in PV project planning. The scientists claim assessing a project’s levelized cost of energy could be misleading, especially with variable and sometimes negative electricity prices.
The great grid transition in the age of data centers and EVs
Rapidly increasing energy consumption due to data centers, EVs and AI, requires adopting innovative energy strategies like distributed energy resources and microgrids that offer viable solutions for a more resilient, responsive energy infrastructure.
SolarEdge announces closure of its energy storage division
SolarEdge will shutter its energy storage unit and manufacturing, cutting 500 jobs.
Sunrise brief: Maxeon Solar pivots business to focus exclusively on U.S. market
Also on the rise: Energy Department announces $289.7 million loan guarantee for widespread VPPs. Fifteen states shine with 50%+ solar growth in a year. And more.
Midwest coal mines to be reborn as solar fields in major partnership
A renewable energy developer and major coal company announced a partnership for 5.5 GW solar development plan, enough to power over 850,000 homes.
Energy Department announces $289.7 million loan guarantee for widespread VPPs
The conditional loan guarantee will help deploy up to 1,000 solar and battery energy storage systems in a virtual power plant that spans as many as 27 states.
Maxeon Solar pivots business to focus exclusively on U.S. market
The solar panel manufacturer announced a five-year lease of a factory in Albuquerque, New Mexico.
World’s largest second-life battery storage project joins Texas grid
In what appears to be the world’s largest project of the kind, Element Energy’s 53 MWh storage project – consisting of repurposed EV batteries – is now operating in West Central Texas.
Torus unveils flywheel, battery energy storage, AI-driven cybersecurity solutions
The Utah-based flywheel specialist and energy management company has recently unveiled its full-stack suite of commercial energy storage, management, and security products.
Fifteen states shine with 50%+ solar growth in a year
The US saw solar power generation grow by 21.6% over the last year, with 26 states outpacing the national average. Among these, a group of 15 states achieved remarkable growth of over 50%, led by some surprising players.
