Also on the rise: Partners Group takes a controlling stake in Dimension Renewable as FTC Solar exits, Koch unit buys into a battery company, AltaSea plans a 2.2 MW solar array at the Port of Los Angeles, Captona adds to its fuel cell portfolio, and Canadian Solar wins 86 MW in solar energy auction.
Also on the rise: FP&L installs the first components on its 900 MWh BESS project, and Canadian Solar inks a deal with Santander to fund its EMEA pipeline.
Also on the rise: Stem provides smart energy storage services to a Bay State project, solar leads in global power generation investment, and Agilitas Energy expands its storage footprint.
Also on the rise: a report highlights long-duration storage challenges, Canadian Solar to sell shares to fund its energy storage business, a Houston office block will sprout rooftop PV, and an Oregon bill expands EV access.
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: DOE funds university hydrogen research, Canadian Solar backs an AI-based energy storage tech provider, Mitsubishi partners to develop hydrogen storage for U.S. markets, and two Canadian companies float a ‘blue’ hydrogen plan.
The facility will occupy around 2,000 acres of BLM-administered lands some 13 miles west of Blythe, in Riverside County, California.
Also on the rise: Governor signs Rhode Island climate bill, Li-ion battery recycler secures $20 million for a processing center, and a joint U.S.-Israeli government venture funds a cyber security initiative.
Also on the rise: Canadian Solar starts work on $230 million worth of solar projects in Japan, and the Canadian government backs efforts to move Arctic communities off of diesel and onto renewables.
Also in the rise: Partners will test a large-scale vehicle-to-grid charging system, Canadian Solar funds a startup whose focus is on the rest of the world, Griddy files for Chapter 11 after ERCOT mess, and Daqo signs a supply agreement with a new wafer manufacturer.
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