Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.
Australian researchers said that oOff-river” pumped-hydro is not only able to overcome the typical topographical issues of conventional pumped-hydro but also is cheaper.
After more than a year of testing, Relectrify has released interim results of a pilot that combines repurposed batteries from Nissan Leaf vehicles with proprietary inverter technology to create a battery system that has exceeded expectations.
Here’s a high-level cost estimate of what transmitting solar power underneath an ocean might cost for the proposed $16 billion Australia–ASEAN power line.
Despite the pandemic, residential solar growth continues. Commercial solar, always the problem child, is having trouble coping with the virus.
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.
Also in the brief: David Crane’s SPAC closes its IPO this morning at $230 million, Romeo Systems, a maker of lithium-ion battery packs for EVs is going public via SPAC, FERC OKs CAISO EV charging, storage updates
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