Sunrise brief: Goldman Sachs invests $250 million in Hydrostor
Also on the rise: Nearly half of all new capacity added to the grid will come from solar. Washington community solar bill garners support. Optimizer manufacturer Alencon expands manufacturing and R&D facilities outside of Philadelphia. GoodWe rebranding reflects the ‘smarts’ in its inverters and storage technology. Three California community choice jointly issued an RFP.
Solar expected to be largest source of U.S. new generating capacity in 2022
About 46% of new generating capacity is expected to be PV, giving it the largest share of the new generation mix.
Goldman Sachs invests $250 million in Hydrostor to advance long-duration energy storage projects
The investment is planned to support development and construction of Hydrostor’s 1.1 GW, 8.7 GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.
RFP Alert: 11.5 GW of renewables mandated by CPUC
Three community choice aggregators are seeking project proposals for solar and long duration energy storage in northern and central California following a procurement mandate for all load-serving entities in the state.
Project update: Construction underway on the 100 MW/50 MWh Rabbitbrush Solar project
The project is Leeward Renewable Energy’s newest in Kern County. It will provide electricity for two California community choice aggregators.
Sunrise brief: Massachusetts regulators double solar program target from 1600 to 3200 MW
Also on the rise: Tennessee Valley Authority tries to block solar co-op in its territory. Advice for contractors on how to keep a long-term perspective in these uncertain times. New investor for one of largest solar projects in Indiana. CSP provider Heliogen debuts on the NYSE. Enphase acquisition of ClipperCreek launches company into fast-growing market for EV chargers. And more…
Heliogen nets $188 million in cash in business combination, added to NYSE
The concentrated solar power provider announced the completion of a business combination with Athena Technology Acquisition Corp.
Enphase celebrates the new year by entering the EV charging market
The completed acquisition of ClipperCreek launches Enphase Energy into the fast-growing market for electric vehicle charging systems.
Eolus sells California energy storage development project to Aypa Power
Cald is the first stand-alone battery energy storage system asset sold by Eolus.
500 MW solar + storage project plan altered following local resident feedback
Project developer, 8minute Solar Energy, recently altered its plans for the Aratina solar project after the County’s review and feedback from local residents indicated there was concern about neighbors’ views.
