In reporting first quarter results, the company said it would use some of its $1.5 billion in cash to stockpile materials as a hedge against rapid price rises.
Also on the rise: Goodyear to add solar at an Innovation Center, NextEra Energy Partners expands a finance arrangement, Solar FlexRack supports a Bahamas project, and California’s annual budget aims to boost support for long-duration storage and ZEVs.
Also on the rise: More community solar comes to Colorado, battery energy storage will support Dominica’s grid via a UAE international development fund, and Carbon Neutral Energy says ‘howdy’ to Texas.
The 3 MW/9MWh system is being built to avoid costly re-construction of existing transmission lines in part of Rhode Island.
Sunrun raised its installed growth rate estimate to 25-30% for the year, and said that “the strong momentum that we saw in the fourth quarter has continued into 2021.”
Also on the rise: Ozop Energy is supplying equipment for a Maryland microgrid, Georgia Power hits a milestone at its zero-carbon nuclear-build site, and Powin unveils a high-voltage battery.
Also on the rise: OG&E will double the capacity of its Choctaw Nation solar project, NorthWestern Energy plans to add a 50 MW BESS, Sungrow supplies inverters to an Iowa project, and Sunnova enters two new markets.
Also on the rise: Hydro-Québec grid gains a BESS, Connecticut announces its 2021 Green Liberty Bond issuance, and two VC pros launch a fund to back cleantech startups.
Also on the rise: Aurora notches a design milestone, investment group closes on a portfolio of community solar projects, and iSun expands its utility-scale project market reach.
Also on the rise: Coal is down but not out as nukes and gas are forecast to decline in 2021, solar for an airport enters service, and landfill gas flows for SoCalGas from a facility slated to add a battery energy storage system.
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