Google partners for 500 MW environmental justice-focused distributed solar portfolio
The largest corporate backing of distributed solar in the United States, in partnership with EDP Renewables, will be funded in part through Google’s purchase of renewable energy credits called the ImpactREC.
North America represents 21% of global energy storage market by 2030
The global energy storage market is growing at a strong 23% compound annual growth rate, with annual additions projected to reach 88 GW/278 GWh in 2030, or 5.3 times the expected 2022 level for new installations, according to BloombergNEF’s 1H 23 energy storage outlook.
U.S. energy storage market set for take off
The U.S. Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape.
Stellantis signs second largest corporate PPA on record for 400 MW of solar
The maker of Chrysler, Dodge, Fiat and Jeep vehicles has committed the second largest corporate PPA after Ford.
Is hydrogen about to have its solar moment?
As Longi and other solar manufacturers kick off massive growth in hydrogen generation capacity, expect large price decreases resulting from steep learning curves, echoing the rapid advances experienced by the solar power industry since the 1970s.
Three vastly divergent solar deployment projections
Differing renewable energy projections from IEA, S&P Global Market Intelligence, and Rystad Energy range from down 50% to nearly doubling in a year.
