The surge in storage revenue due to specific grid conditions in Australia was one of the main factors behind a 61% year-on-year increase in revenues that Neoen saw in the first quarter of the year.
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
According to a new report by Bloomberg New Energy Finance, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.
Researchers from the U.S. Naval Research Laboratory have launched the first orbital experiment with space-based solar power. They launched a 12-inch square photovoltaic module that is expected to test the viability of space-based solar power systems converting sunlight to microwaves outside the atmosphere.
New research models that the price of solar will continue to drop faster than previous predictions. This would mean that building new solar would be routinely cheaper than operating already-built fossil fuel plants, even in today’s world of ultra-cheap natural gas.
Also in the brief: Lightyear gets a key supplier, a nine-project network in New York, the 25th National Solar Tour of Homes and more.
$40 million is coming down the pipeline via an agreement between New Columbia Solar and Franklin Park Infrastructure. The money will not only help New Columbia to expand its team, but also bring 30 MW of distributed solar to the area with the nation’s most aggressive renewable energy standard.
Significant spikes in air conditioner usage during the first hot days of Austin Texas’ stay-at-home orders have signaled that this upcoming summer may be one where electric demand meets record, worrisome, levels.
The University of Queensland has released a performance report on the Tesla Powerpack it installed in December 2019. Across a range of revenue streams, the Powerpack is already earning the university some serious cash.
16 project winners totaling 460 MW in capacity have been chosen by Hawaiian Electric Company to fill its most ambitious renewable procurement yet. The move will bring jobs to one of the areas hardest-hit by virus-related unemployment.
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