Glasspoint, a Shell-funded solar enhanced-oil-recovery startup, is in liquidation
Glasspoint received more than $130M in VC from Oman’s sovereign wealth fund, along with the venture arm of Royal Dutch Shell. The plan was to use concentrated solar arrays housed in glass greenhouses to produce steam at gigawatt scale instead of natural gas for EOR.
A new player appears in American thin-film cadmium telluride solar module manufacturing
Toledo Solar is trying to distinguish itself from First Solar’s cadmium telluride dominance by operating in the residential and commercial markets, markets which have been historically unkind to the technology.
Solar industry CEOs weigh-in on positive trends in Covid-impacted quarterly results
“We’ve taken how the industry would have evolved – probably in two years – and we’ve done it in a month.” — Lynn Jurich, CEO of Sunrun
Morning Brief: DuPont Publishes 2020 Global PV Reliability Report, when will renewables pass coal?
Also in the brief: remembering the life of S. David Freeman, farmers in Rhode Island receiving solar grants, JA Solar’s upcoming webinar on the future of PV and more.
Overbuilding solar at up to 4 times peak load yields a least-cost all-renewables grid
The global energy firm Wartsila found a least-cost renewables mix for the U.S. that involves overbuilding renewable capacity, but requires no seasonal storage, and needs only four to ten days of multi-day storage capacity. The analysis modeled meeting current uses of electricity, based on projected technology costs for 2030.
The challenges and tricks of adding battery storage to existing solar projects
Alencon Systems teamed up with Duke Energy to look at some of the challenges faced by a utility when adding a battery storage system to an existing solar installation. DC-coupled or AC-coupled? Grounding scheme?
Covid-19 wipes out twice as many US clean energy jobs as sector added in past three years
Industry leaders call on Congress for immediate, targeted support for sector
Morning Brief: NYC replaces fossil plants with storage and renewables, solar boom stalls in Texas
Also in the brief: a look at how pv systems relate to bird mortality, Sunverge has been chosen to manage a Maryland virtual power plant, a solar powered water filtration system and more.
Job Moves at Sunrun, SMA, sPower, Enel X, Fluence, Emerson Collective, ENGIE, Arevon, Posigen
Executive and boardroom moves in solar, storage, cleantech, utilities and energy VC.
Direct cash payments for solar projects floated as a legislative solution
Solar developers, including First Solar, believe that a direct cash payments solution could keep solar projects on track and help developers monetize the ITC in the event that tax equity financing dries up.
