Sunrise brief: Startup raises $200 million to back its ‘breakthrough’ energy storage battery
Also on the rise: Developers scrap an 850 MW solar project after local objection, Rivian plans a second EV plant in the U.S., Ohio regulators consider another 470 MW of solar, and more.
Facing opposition, developers pull application for 850 MW solar project in the Nevada desert
Local opposition forced the action, but the same developers are moving ahead with a nearby $1 billion solar-plus-storage project.
Rivian plans second plant to produce EV trucks and batteries
The Amazon-backed automaker is exploring U.S. locations to produce its electric truck and battery cells.
Multi-day iron-air batteries reach commercialization… at one tenth of the cost of lithium
Boston startup Form Energy has secured $200 million Series D funding for the development of what is being called a breakthrough in energy storage.
Ohio regulators consider another 470 MW of solar
The Clearview Solar I project and the Union Solar project are both set to have hearings in mid-August, bringing the total amount of utility scale solar proposed or approved this summer alone to 1,938 MW.
Storage paired with solar shows steady growth, Berkeley Lab says
The report pegged the cost of adding storage to PV on the order of $700-1,300/kWh of storage capacity and the present-value benefit to the host customer of roughly $500-1,000/kWh.
Tesla Powerwalls in California join the movement to create virtual power plants
Made up of distributed residential energy storage, these “plants” stabilize the grid and often end the need for new fossil generation. Tesla customers in California are the latest to join the movement.
Sunrise brief: The path steepens to 80% renewables by 2030
Also on the rise: Sandia develops a grid-scale battery storage technology, NREL researchers write code to make legacy inverters smarter, and take a moment to admire these solar panels.
Sandia researchers develop new grid-scale energy storage battery
The battery operates at 230 degrees Fahrenheit, opening what researchers said could be “a whole cascading cost savings” including everything from less expensive materials to less insulation.
FirstEnergy acknowledges wire fraud conspiracy, agrees to pay $230 million penalty
In court filings, the Ohio utility admitted it conspired with public officials to pay millions of dollars for legislation favorable to its nuclear power plants.
