New CESA report claims California needs to deploy 55 GW of long duration energy storage by 2045
The new report is in-line with models developed by state regulators, however helping the state to achieve such rapid and exponential deployment goals will require significant regulatory and procurement overhaul.
Morning Brief: Brookfield to buy Exelon’s solar business for $810 million, NRG Energy issues $900 million in sustainability-linked bond
Also in the brief: Panasonic’s new solar modules
Ohio bill looks to ban large-scale solar development
Just a year removed from the passing of the state’s controversial House Bill 6, legislation has been introduced that would halt the development and buildout of large-scale renewable projects for up to three years.
Energy Infrastructure Partners invests $640m in Baywa re
The Baywa group will maintain a 51% stake in the German renewable energy company.
QuantumScape finally unstealths — with breakthrough performance in solid state batteries
After ten secretive years, several hundred million dollars spent, and the efforts of hundreds of scientists and engineers, QuantumScape went public on a video call today with the performance results of its solid-state battery — and its potential impact on the electric vehicle industry.
Morning Brief: Tesla’s lack of diversity, 7X Energy partners with Nestlé as tax equity investor for 250 MW solar project
Also in the brief: Senators optimistic that a bipartisan energy bill could be passed this year, CESA released a study that found a need for up 55 GW of long duration energy storage in California by 2045.
McDonald’s adds 420 MW of solar, brings total renewable capacity over 1 GW
The fast-food Giant has signed three new virtual power purchase agreements for two wind farms and a solar project totaling 750 MW, building on last year’s addition of 380 MW of renewables.
Solar needs aluminum, but the metal has a carbon problem
Few doubt that aluminum frames will be a part of the solar module for some time to come. And with PV manufacturing continuing to scale, the carbon footprint of this versatile metal may prove a sustainability challenge.
Morning Brief: Loanpal’s record originations means residential solar is going strong, SCE adds 590 MW of energy storage
Also in the brief: The American-made solar prize, and six Clearway Community Solar projects kick off construction across Illinois
World’s largest residential virtual power plant coming from Alphabet-backed SIP and OhmConnect
Like Airbnb, but monetizing spare energy: “The first big step towards opening the door to a massively transactive grid.”
