Sunrun boosts its financing pot by $1 billion
The non-recourse lending facility serves as a warehouse facility to temporarily finance solar assets prior to arranging long term financings.
Convergent acquires 5 MW/20 MWh energy storage project in NYC
The system would be connected to the ConEdison grid as a distributed generation asset, and could come online in 2022.
Green hydrogen MOU signed by Intersect Power and Electric Hydrogen
The collaboration will focus on pairing and integrating renewable power with Electric Hydrogen’s electrolysis system.
Iron flow battery tech shows promise for mid-duration energy storage
The ESS battery systems have a prescribed design life of 25 years, but the battery modules, electrolyte, plumbing, and other components may well last for decades longer with proper maintenance.
DOE wants to power 5 million homes with community solar by 2025
the goal represents a 700% increase in installed community solar capacity and comes with the tandem goal of creating $1 billion in energy bill savings.
Scaling up distributed solar and storage could save ratepayers $109b by 2030
A report found that the U.S. must deploy a minimum of 103 GW of distributed solar and 137 GW of distributed energy storage by 2030 to achieve climate and equity goals at the lowest cost.
Alliant Energy completes its first community solar installation
The 1 MW installation is set to provide power to up to 1,000 customers, with more projects planned for Wisconsin and Iowa.
Midwestern states agree to co-develop an EV charging network
Governors of five states agreed to increase access to electric vehicle charging infrastructure in the Midwest.
Maxeon to set up 2.6 GW module hub in Mexico for U.S. market
Output will be shipped to the U.S. and the company is considering a U.S.-based manufacturing presence.
Sunrise brief: Module maker taps Georgia for new manufacturing plant
Also on the rise: Using AI to detect faults in residential solar systems, Georgia Power gets an OK for a BESS, and China’s power woes are affecting U.S. solar markets.
