Leadership on climate action at a competitive price on electricity.
A U.S. research group has developed a new solar cell, based on six active photoactive layers, to capture light from a specific part of the solar spectrum. The scientists claim that they could potentially reach a 50% efficiency rate with the new cell.
Also in the brief: How a conservative coal county built the biggest community solar energy project in East Kentucky. Why 30M solar rooftops should be in the next relief bill
Gov. Ralph Northam has signed the Virginia Clean Economy Act, which requires the state’s utilities to switch to 100% clean energy by 2050, while also adding 16 GW of solar and onshore wind, 3 GW of energy storage and the closing of all the state’s coal power plants by 2024.
Women in cleantech. Executive and boardroom moves in solar, storage, energy, utilities and venture capital.
Also in the brief: DOE And FERC exploring the use of energy storage to bolster fossil fuel plants
Real-time pricing of electricity can help integrate renewables, reduce costly and polluting peak-period generation, and save customers money, the trade groups say. They call for California to make real-time pricing an option in the San Diego area.
While praised for the level of large-scale energy storage the state’s Clean Peak Standard is anticipated to bring, opponents have called the policy “a waste of ratepayer funds for behind-the-meter energy storage.”
That brings the total to $9 million for the Bay Area builder of an integrated 13.4 kWh energy storage system in the overcrowded residential market.
Also in the brief: the chance that Covid-19 gives to reform our energy system, Engie has signed tax equity financing for a 2 GW portfolio, Panasonic names inaugural class of Elite Residential Installers and more.
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