Glasspoint received more than $130M in VC from Oman’s sovereign wealth fund, along with the venture arm of Royal Dutch Shell. The plan was to use concentrated solar arrays housed in glass greenhouses to produce steam at gigawatt scale instead of natural gas for EOR.
“We’ve taken how the industry would have evolved – probably in two years – and we’ve done it in a month.” — Lynn Jurich, CEO of Sunrun
Industry leaders call on Congress for immediate, targeted support for sector
“The standard electrical panel has not seen major innovation for nearly a century.”
Also in the brief: expanding a community solar pilot in San Antonio and how to guarantee a just energy transition for indigenous communities.
Historic, archeological, and environmental issues have been mitigated. About 70 desert tortoises are being relocated during construction — and the project is full-speed ahead for developers Arevia Power and Solar Partners XI.
A new report from the California PUC documents the uneven workings of the state’s 100% renewable portfolio standard — and the need for better data on cost savings.
Also in the brief: solar on schools in Virginia and a Hawaiian microgrid.
Enphase Energy’s Q1 revenue exceeded expectations as the company set an all-time gross margin record and announced plans for a new manufacturing location. Enphase stock is up 15%
Also in the brief: DOE to invest more than $5 million in tribal energy infrastructure
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