People on the Move: Delta Solar, Convergent Energy, Volt Energy Utility, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
Energy storage firm Broad Reach gets a $400 million equity infusion
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
Utilities seek OK from West Virginia regulators for five solar projects
A 2020 bill authorizes electric utilities to own and operate up to 200 MW of renewable energy facilities.
Solar capacity additions show a recovery from a subdued 2020
The FERC’s latest data release shows solar led new generating capacity with 8,410 MW added through the first three quarters of 2021.
CSI Solar to cooperate with CATL on battery energy storage
CSI’s parent Canadian Solar said it has a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction.
Utilities and financial investors are investing in renewables, especially hydrogen, like never before
A new Ernst & Young power and utilities overview report shows that utilities and other deep-pocketed investors are putting financial support behind their environmental, social and governance initiatives.
Hydrostor plans 400 MW / 3200 MWh compressed air energy storage
The plant would be able to deliver 400 MW of electricity for 8 hours, and would be comparable in size to some of California’s largest fossil fuel power plants.
Sunrise brief: Florida bill targets solar net metering
Also on the rise: Ohio regulators OK another 600 MW of solar, and a megawatt-scale bifacial solar project enters service near the Arctic Circle.
Megawatt-scale, bifacial solar project enters service in Yukon, Canada
The Solvest-developed 1.76 MW project will sell power as an IPP for the next 25 years.
