Hawaiian startup launches scalable wave energy converter, usable with solar
Hawaii-based Wavr LLC is developing a wave energy converter that is designed to be scaled up and integrated with other renewable energy technologies. The startup plans to sell a version integrating five 40 W solar panels at $2,300.
50 states of solar incentives: Hawaii
Solar represents 17.25% of the island state’s power mix. At the end of 2022, Hawaiian Electric had achieved 32% of its renewable procurement standard goal of becoming fully renewable powered by 2045.
Silicon Valley Bank reemerges as a lender, extends credit to Pivot Energy community solar portfolio
Subscribers in the portfolio include municipalities, healthcare, food service, and retail companies, as well as 8,000 low-to-moderate income (LMI) households.
Sunrise brief: The outstanding success of solar on new homes in California
Also on the rise: Intersolar North America takeaways. Over 25 GW of solar is actively being constructed in the U.S. And more.
Sunrise brief: Nextracker to go public
Also on the rise: LG Energy Solution partners with Hanwha Group on U.S. battery development. Demand shifts from fossil fuels to renewables. And more.
Sunrise brief: Designing for 100% renewables with real-time retail pricing could yield benefits of 9% or more
Also on the rise: Catalyzing solar in the US: a manufacturer’s perspective. FranklinWH announces additional financing for its home energy storage solution. And more.
Designing for 100% renewables with real-time retail pricing could yield benefits of 9% or more
Including real-time pricing of retail electricity in the design of a high-renewables system would “markedly” lower the system’s cost, researchers found, in an analysis for the island of Oahu, Hawaii. For continent-scale systems as well, they said the resulting demand-side flexibility is likely substantial.
Waikoloa solar + storage project will contribute to more than 7% of island’s electricity needs
BayWa r.e. will construct the solar-plus-storage facility on the Big Island of Hawaii, which will feature tracker-based bifacial solar modules and a lithium-ion battery system.
Nearly all smart inverter manufacturers will be delivering smart inverters within a year
As several states will soon require smart inverters for new distributed resources, and more are considering such a requirement, nearly all manufacturers will be delivering smart inverters that meet a new industry standard by August 2023, finds an analysis by the Interstate Renewable Energy Council.
Wärtsilä to supply Clearway with 500 MW/2 GWh of energy storage for projects in California and Hawaii
The storage units will be spread across five projects, including the recently completed Rosamond Central solar facility in Kern County, California.
