GM and LG Energy plan a $2.3 billion electric vehicle battery plant
The automaker’s future Ultium-powered EVs are designed for Level 2 and DC fast charging. Most will have 400V battery packs and up to 200 kW fast charging capability.
Jack Daniels orders a shot of solar through TVA’s Green Invest program
The 20 MW project will help the iconic brand meet roughly 75% of electricity demand at its Lynchburg, Tennessee distillery.
TVA says its contracted solar capacity has grown 60% since October
The company plans to release a new request for proposals this spring, have over 2 GW of solar operating by the end of 2023, and expand that figure to up to 10 GW of solar by 2040.
TVA allows power companies to charge anti-solar fixed fees
TVA’s new rate structure enables power companies to impose fees onto solar customers. Similar fees have been repeatedly challenged elsewhere.
Solar BOS provider Shoals Technologies announces IPO
The Tennessee-based company’s balance-of-systems solutions are deployed on over 20 GW of solar energy systems globally.
Silicon Ranch raises $225 million to fund 1 GW of solar by 2022
The company’s largest-ever funding round will help it bring more than 1 GW of solar on line and position Nashville-based Silicon Ranch to enter new markets.
Monday Brief: Knoxville utility to go 20% solar by 2023, Sunrun and SoCal Edison agree to virtual power plant
Also in the brief: Hawaiian Electric Company proposes 20 MW of new projects, EDP Renewables has secured 86% of the company’s targeted capacity additions for 2019-2022 and more.
Vanderbilt University, Nashville sign power contracts for 125 MW solar project
The new installation is being developed by Silicon Ranch in Tullahoma and will help Vanderbilt become 100% renewably powered, while bringing the City one-third closer to its RPS goals.
Southeast states to add nearly 15 GW of solar by 2023
South Carolina is set to surpass North Carolina in solar watts per customer. Georgia and Florida will exceed the Southeast average, while utilities in Tennessee, Alabama and Mississippi will continue to lag. Overall the states will reach 5% solar generation by 2023.
Morning Brief: Spruce Finance acquires Clearway Energy’s residential solar portfolio, GM to go 100% renewable at Spring Hill
Also in the brief: Ginlong Technologies plans to raise over $100 million, the US–China trade war and COVID-19 have massively impacted coal financing, SunPower’s planned split and establishment of Maxeon Solar Technologies has received approval in China and more.
