As battery lifespans approach 25 years, leasing will become the dominant financial model, says Unigrid CEO
Battery technology company Unigrid has developed a sodium-ion chemistry that can theoretically last for more than two decades while retaining more than 80% of its initial energy storage capacity. Company CEO Darren Tan says that will inevitably lead to a new zero-down leasing model that locks in a long-term source of revenue while delivering benefits to end users.
Solar on canals reduces water evaporation by 70% and algae growth by 85%
The 1.6 MW Nexus pilot project in California has demonstrated that solar panels installed over irrigation canals can significantly reduce water evaporation and algae growth by 85%, while also showing operational efficiency.
Western grid enters new era as CAISO launches Extended Day-Ahead Market
The May 1 go-live of the Extended Day-Ahead Market (EDAM) marks the first time Western utilities can coordinate large-scale solar and storage resources 24 hours in advance, a move projected to significantly slash curtailment and boost regional reliability.
Manufacturing partnership brings new PV technology to U.S.-sourced solar
Solx’s Aurora hybrid module with Caelux’s perovskite glass aims to compete on performance beyond federal tax sunsets.
California’s regressive rooftop solar policy hit with second appeal to State Supreme Court
Rooftop solar advocates are making a final stand at California’s highest court, arguing that state regulators have been given a free pass to dismantle the industry. After a lower court recently upheld the state’s controversial solar policy for a second time, environmental groups are calling on the Supreme Court to step in and enforce the law.
California powers its massive water pumps with 105 MW Kern County solar project
The state is putting the sun to work on the 2,000-foot heavy lift that keeps California hydrated.
Terra Energy aims to make signing up for solar as easy as signing up for cell phone service
The company, which offers solar subscriptions to homeowners on an initial 36-month agreement, seeks to retain those customers for the long-term by proving it can offer something better than the alternative.
California school district completes 3.5 MW solar and energy modernization project
The project spans 12 sites and is projected to deliver $48 million in cost savings over the next 20 years.
Community-scale solar offers $6.5 billion in savings, bypassing California gridlocks
Localized distribution-level projects can cut out-of-state energy imports by 13% while providing a faster alternative to delayed transmission-scale infrastructure, said a report by Pathfinder Communications.
Modular microgrid company Critical Loop announces $26 million Series A round
The Los Angeles-based startup says it has now raised $49 million to accelerate its work to provide flexible industrial solutions that help its clients connect to power faster and bypass long waits for permanent grid infrastructure upgrades.
