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North America

Pennsylvania has the opportunity to kickstart community solar — and its economy

Removing the state’s ban on community solar, an initiative which has gained immense bipartisan support, will create thousands of jobs and billions in economic development dollars.

Nobel Prize-winning auction geniuses want to apply their findings to renewables

Stanford professors Paul R. Milgrom and Robert B. Wilson were awarded the 2020 Nobel Prize in economics for developing a new auction theory and new auction formats for goods and services. Their findings were already successfully used in the electricity energy sector and may now meet the challenge on how to better shape clean energy procurements.

IPO update: Solar tracker builder Array Technologies increases number of shares in largest PV IPO of 2020

The reception in the financial community on the eve of the Array Technologies IPO must have been enthusiastic.

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SunDensity secures $2.5 million in funding for output-boosting module coating technology

The company has developed a photonic smart coating that it claims will increase the per panel power output by 20%, driving down overall project costs.

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Morning Brief: Solar power will be ‘the new king’ by 2030, fuel cell SPAC, advanced reactors get $160M

Even the profitless fuel cell industry can launch a SPAC, cheered on by the current mania for hydrogen technology. Lots more in today’s brief.

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Wärtsilä’s 9 MW battery storage system reduces a city’s demand peaks, saves transmission costs

An independent power producer, AEP OnSite Partners, will be the first to deploy Wärtsilä’s new storage product. The 9 MW/15.6 MWh battery system will respond to PJM market signals and reduce the city’s peak demand by about 9 MW, while saving $1 million per year in transmission and capacity costs

America’s highways have significant solar potential

A report just released by the University of Texas at Austin’s Webber Energy Group has tackled how much solar each state could develop along interstate interchange and exit locations and how much this solar could potentially be worth.

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Energy Funding: IPOs, M&A, VC and grants for flow batteries, fuel cells, PV trackers and equitable access to solar

Another busy funding week with solar IPOs on deck and venture capital investments — but no cleantech SPACs in the last few day, at least.

Morning Brief: Pennsylvania looks to make community solar legal, Constellation signs 100 MW of supply contracts

Also in the brief: Wyoming regulators are critical of Pacificorp’s transition plan and solar and renewable industry leaders have begun an initiative to increase workforce diversity and inclusion throughout the industry.

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Solar-plus-storage replaces coal plant in New Mexico, makes carbon-capture retrofit moot

The utility is planning on replacing the San Juan coal-fired station’s 847 MW of capacity with 650 MW of solar generation and 300 MW/1,200 MWh of accompanying energy storage. The new plan all but kills a proposal from San Juan’s owner and the City of Farmington to add a carbon-capture retrofit to the station.

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