Sunrise brief: Hail to blame for more than half of solar facility loss claims
Also on the rise: Four community solar projects to serve LMI residents in New York City area. U.S. Virgin Islands cover 30% of electricity needs with six solar-plus-battery facilities. And more.
Oscilla Power deploys ocean wave energy converter prototype
Floating in the oceans of coastal Maine is a 1/6 scale model of the company’s 1 MW floating device that converts wave energy into electricity.
Over half of solar facility loss claim costs are due to hail damage
GCube Insurance said despite representing less than 2% of total claims filed, hail damage represents over 50% of total costs incurred.
U.S. Virgin Islands cover 30% of electricity needs with six solar-plus-battery facilities
About 124 MWh of Honeywell battery energy storage systems will be installed alongside six solar facilities with a combined capacity of 140 MW.
Four community solar projects to serve LMI residents in New York City area
Ampion partners with UGE on four rooftop community solar projects with approximately half the electricity generated reserved to help low- to moderate-income residents save on electricity bills
People on the move: Omnidian, kWh Analytics, Kore Power and more
Job moves in solar, storage, cleantech, utilities and energy transition finance.
U.S. draft rules may disqualify Australian critical minerals from IRA subsidies
A number of critical mineral producers will likely be ineligible for U.S. Inflation Reduction Act (IRA) subsidies, as the US government has published draft rules forbidding access to enterprises with stakes held by Chinese investors.
Sunrise brief: Heliene expands solar manufacturing in the U.S.
Also on the rise: Treasury overloaded by renewable energy low-income tax credit applications. RFP alert: New York seeks “expedited” solar. And more.
GridStor completes 60 MW / 160 MWh energy storage project in California
The lithium-ion battery is large enough to power the equivalent of 30,000 households.
RFP alert: New York seeks “expedited” solar
As part of the state’s recently launched ten-point plan to speed up the deployment of renewable energy, New York has released an RFP to maintain momentum toward its clean energy goals, with project awards imminent. Initial applications are due in ten days.
