Update: Form Energy’s stealthy ‘aqueous air battery’ with 150-hour duration lands $76 million funding round
The holy grail of energy storage has always been low-cost and long-duration. Form Energy intends on deploying a 1 MW/150 MWh system with a Minnesota utility before 2023, an unprecedented energy storage duration if successful.
If I were Secretary of Energy
If you recognize that energy is most of the problem with climate change, you’d like the DOE not to be the bastard child of a weapons organization. (Warning/TLDR : You can’t fix the DOE in 1,000 words.)
Chinese PV Industry Brief: JA Solar sells solar farms while Tongwei announces lower cell prices
JA Solar has agreed to sell three solar farms to China Power Investment Corporation, while Tongwei announced lower prices on a number of cells. Eight leading players are calling for the standardization of PV products with 210 mm wafers.
Aurora Solar raises $50M for remote photovoltaic sales and design
This substantial investment signals software’s critical role in driving the mainstream adoption of solar.
The once obscure, derided financial product that just might transform deep tech venture capital
Many of my VC compatriots in Silicon Valley still sneer at the SPAC, and several I know actively encourage their portfolio companies to avoid SPAC sponsors.
“A product for also-rans who can’t go public the normal route.”
“Frankenstein financial engineering for speculators and amateurs.”
To which I say, BALDERDASH!
Morning Brief: Ambri deploying its calcium-antimony battery? China could install 75 GW of solar next year
Also: Despite a rosy forecast, creating energy storage projects with competitive economics has been an elusive endeavor. Plus, rate design innovations are boosting the energy transition and Plug Power raises $1 billion for U.S. green hydrogen infrastructure build-out.
How does the US retire 236 GW of coal and 1,000 gas peaker plants?
Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
Morning Brief: Consumers Energy expands its net metering cap, Nautilus closes a financing commitment
Also in the brief: A New Mexico regulator has recommended denial of El Paso Electric’s planned expansion of the Newman Generating Station, Gemserv has launched a digital platform aimed at helping businesses transition to electric vehicles and more.
Longi releases statement on patent dispute with Hanwha Q-Cells
The Chinese photovoltaic manufacturer said the recent invalidation procedure for its patent at the Chinese Patent Office’s examination and invalidity department is only an administrative examination procedure that only examines whether or not the authorized Chinese patent complies with patent law requirements.
Cubico acquires two giant solar installations in Arkansas and Mississipi
The projects will each be among the largest installations in their respective states and advance Cubico’s expansion into the American solar market.
