Sunrise brief: U.S. on track to make it only halfway towards 2030 Paris Agreement targets
Also on the rise: Minimizing EV impact on the grid. Made-in-the-USA solar panels could cut emissions by 30%. And more.
Vision Solar preyed on vulnerable and built without licenses, says Connecticut
Less than nine months after Vision Solar received a contractor’s license, complaints to the Connecticut Attorney General’s office were pouring in.
Best practices in state’s energy storage policies
A recent report from the Clean Energy States Alliance highlights best practices, identifies barriers, and underscores the need to expand state energy storage policymaking to support decarbonization in the United States.
Sunrise brief: Nextracker announces IPO pricing
Also on the rise: SnapNrack introduces solar mount that attaches to modulee bfore roof. IRA spurs 101K clean energy jobs in first six months. And more.
Rapidly growing U.S. microgrid market achieves 10 GW in 2022
Driven by a rising demand for uninterrupted services, corporate ESG goals, and military resilience plans, Wood Mackenzie estimates the U.S. microgrid market has seen a 47% increase in solar and storage capacity in 2022 compared to 2017 levels.
ReneSola posts 86% increased Q3 revenue, reflecting near-term addition of European IPP assets
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
Sunrise brief: Canadian Solar business inks battery deal with UBS
Also on the rise: Michigan’s regulator appears friendlier to solar. Canadian Solar’s battery business inks a large supply agreement for a global investor. And more.
UConn receives $4.4 million solar-plus-batteries predictive resilience grant
The University of Connecticut’s Eversource Energy Center will develop technologies to shorten power outages.
Altus Power increases portfolio by 100 MW, increasing revenue 51%
The commercial and industrial PV developer grew its portfolio over the last quarter by acquiring a 100 MW portfolio of assets in 5 states.
Green Banks may compete for $27 billion from fund set up by Inflation Reduction Act
$15 billion of the funds appropriated under the Inflation Reduction Act will support low-income and disadvantaged communities, including $7 billion for zero-emission technologies such as rooftop solar. The other $12 billion will support additional investments in low- and zero-emission projects.
