Also in the brief: battery energy storage is getting cheaper, but how much deployment is too much? GCube Insurance is issuing a renewed warning to renewable energy asset owners about cyberattacks, REC Group’s flagship REC Alpha solar panel has won the Intersolar Award 2020 for photovoltaics, and more.
Also in the brief: Bank of America signs its first PPA, CS Energy has completed a 33 MW portfolio of solar projects in Texas, RP Construction Services and RECON partner to build tracker projects and more
Congress has authorized more than $3 trillion in coronavirus relief, but none of this money has been for job creation. Supported by SEIA, a national climate bank can create millions of jobs, especially in low and medium-income communities.
With a timely focus on jobs and environmental justice, recommendations in the 538-page plan range from a solar ITC extension to a pushback on FERC’s ability to create wholesale market barriers to clean energy.
Industry participants noted the significance of a real-time pricing project on a single distribution circuit in California. State officials are evaluating real-time pricing as a means to help integrate more solar and wind power on the grid.
Also in the brief: Project development galore from EDF, Pine Gate, Silver Creek, Idemitsu, and Origis Energy.
Executive moves in solar, storage, cleantech, utilities and energy VC
The value of rooftop solar is well above the net metering compensation paid to customers with rooftop solar, the solar association found.
“Reports indicate that the Taxpayers Protection Alliance, the Heartland Institute and NERA all have ties to the Koch brothers, who have funded climate denial and pro-fossil fuel campaigns for roughly three decades.”
A roundup of recent funding in renewable energy and cleantech: Quidnet, DroneBase, Eos Energy, Urjanet, and Clir Renewables.
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