Also on the rise: Global consensus shows solar must grow over 7,000% by 2050 to decarbonize. Transforming the grid with electric vehicles. And more.
Jamie Dimon placed the energy transition in the crosshairs in a letter to shareholders.
Just over 1 TW is installed to date, but a global coalition of national research institutions said 75 TW or more will be needed by mid-century to meet decarbonization goals.
Consisting of more than 2,000 panels, Dimmit Chevrolet’s solar system is expected to generate more than 1 GWh of electricity per year.
Electric vehicles can help buffer the grid but policies and regulations are needed along with compensation mechanisms, and the use of software to modulate EV charging to meet the needs of the grid in real time.
AEP’s Indiana Michigan Power will purchase power output from Sculpin Solar (180 MWac) in DeKalb County, Ind., under a 30-year PPA. The utility will also acquire 100% of the equity in Lake Trout Solar (245 MWac) in Blackford County, Ind.
The Solar Energy Technologies Office is interested in hearing from manufacturers, suppliers, education and training providers, community-based organizations, and workers’ rights organizations.
Also on the rise: The Marigny Opera House in New Orleans goes solar, Tesla releases 3 TW solar master plan, New York City energy justice, and more.
The order marks the largest domestic community solar purchase of solar panels in U.S. history and includes 20 MWh of Qcells Geli energy storage systems
The Energy Information Administration said the Inflation Reduction Act may lead to a cumulative 1.4 TW of solar by 2050.
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