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People on the move: DC Green Bank, Nova Clean Energy, Hydrostor and more

Job moves in solar, storage, cleantech, utilities and energy transition finance.

Sunrise brief: The missing ingredient in U.S. solar policy 

Also on the rise: The energy transition is off-track, says IRENA. Solar group petitions to suspend Dominion Energy interconnection rules. And more.

DOE recognizes long duration energy storage as a critical technology

The U.S. grid could require 225 GW to 460 GW of LDES capacity resources for a net-zero economy by 2050, representing $330 billion in capital requirements.

Solar group petitions to suspend Dominion Energy interconnection rules

A coalition of distributed solar installers has petitioned to throw out an interconnection cost allocation rule in Virginia that has led to project delays and cost increases.

A review of functional requirements for grid-forming inverters

As the grid evolves toward a future dominated by inverters, transitioning from the large spinning masses within turbines to a system managed by power electronics and software, manufacturers are developing and refining necessary stability functions.

The energy transition is off-track, says IRENA

The global transition to carbon-free energy has fallen behind pace to limit global warming to 1.5 degrees Celsius, a key threshold set forth by the Paris Agreement.

DOE announces over $192 million for battery recycling

The decision extends the Lithium-Ion Battery Recycling Prize contest and builds on the nearly $3 billion invested in EV and battery technologies by President Biden’s Bipartisan Infrastructure Law. 

The missing ingredient in U.S. solar policy

To realize the IRA’s full potential, the solar industry needs well-defined and prompt guidance regarding the IRA’s implementation. Additionally, federal permitting reform is needed to address issues of congestion, interconnection and transmission.

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Energy storage production not keeping pace with global demand

A survey by Jabil and SIS International Research found that 88% of respondents are struggling to scale up production of energy storage systems to keep pace with heightened demand in the energy transition.

Maxeon’s PV module capacity hits 2.5 GW in Mexico

Maxeon Solar Technologies says it has invested $70 million to upgrade its panel factory in Mexicali, Mexico, to 1.8 GW. The remaining capacity is provided by a 700 MW facility that the Singapore-based manufacturer operates in Ensenada.

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