Fluence acquires Advanced Microgrid Solutions, in bid to help customers monetize storage, renewable assets
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.
Morning Brief: Clean energy SPAC attack continues, Nextracker’s solar tracker design at Australia’s largest PV farm
Also in the brief: David Crane’s SPAC closes its IPO this morning at $230 million, Romeo Systems, a maker of lithium-ion battery packs for EVs is going public via SPAC, FERC OKs CAISO EV charging, storage updates
Cutter Rail: Clenergy’s new mounting system just made for installers
Solar industry participants have produced a new Australian-manufactured rail for PV modules that has been engineered to ensure safety and longevity, while catering to the needs of installers who work on residential and commercial rooftop projects.
Morning Brief: Maximizing solar self-consumption by rethinking panel orientation, carbon-neutral beer
Also in the brief: Did we mention carbon-neutral beer? Plus drone inspection of transmission towers.
SolarEdge stock jumps on Q2 revenue beat and solid earnings — despite Covid-19
SolarEdge was able to keep its streak of profitable quarters going — in what was expected to be a hard-hit quarter for solar. The company sees “signs of recovery in the U.S.”
AES invests $8.6 million in startup to develop pre-fab solar arrays
AES, one of the world’s largest power companies, has made a strategic investment in Sydney-based pre-fabricated solar array manufacturer 5B to meet the growing needs of its customers for solar.
PG&E, Tesla begin construction on one of the world’s largest batteries
With 182.5 MW and 730 MWh of capacity and expansion capabilities that would bring it to 1.1 GWh, the Moss Landing battery energy storage system is set to be even bigger than Tesla’s Hornsdale project in Australia, as big-battery development takes off worldwide.
Morning Brief: To solve the climate crisis, we need an investment revolution, plus FPL looks at green hydrogen
Also in the brief: Even the world’s top coal exporter is struggling to make money from burning the fuel, RFA for D.C. solar program
Solar and storage venture capital and finance roundup
Plus a bunch of investments in carbon capture.
Solar panel recycling: Turning ticking time bombs into opportunities
With the average lifespan of a solar panel at roughly 20 years, installations from the early 2000s are set to reach end-of-life. Will they end up in landfill or be recycled? The cost of recycling is higher than landfill, and the value of recovered materials is smaller than the original, so there’s limited interest in recycling. But given the presence of heavy metals, if waste is managed poorly, we’re on track for another recycling crisis.
