People on the Move: Leeward Renewable Energy, KORE Power, Madison Energy Investments, and more
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
KORE Power Acquires Northern Reliability
The move will allow KORE to launch KORE Solutions, a full-service storage integrator that will operate as a division of the US-based battery manufacturer.
Novonix invests in Kore Power, enters supply agreement
Novonix will acquire an approximately 5% stake in KORE Power and will become the exclusive supplier of graphite anode materials to Kore Power’s large-scale battery cell manufacturing facility in the US.
Sunrise brief: First Solar plans to add still more production capacity as global demand grows
Also on the rise: Startup invents battery breakthrough, Arizona is tapped for a Li-ion battery plant, solar PV shipments were up 33% in 2020 as demand rose and prices fell, and groups press DOE to move TVA off of fossil fuels.
Arizona chosen as site for 12 GWh lithium-ion battery facility
Kore Power plans to bring its KOREPlex manufacturing facility to Maricopa County, Arizona, marking one of the first lithium-ion battery manufacturing facilities wholly owned by a U.S. company.
Morning Brief: PG&E customers ready to ride out fire season with batteries, are EVs holding back stationary energy storage systems?
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
Energy storage roundup: Kore’s 110 kw-hr rack, KiloVault’s 7.5 kW-hr wall-mount, NeoVolta’s 24 kw-hr battery system
Falling battery costs, shifting utility strategies and new PUC policies are drawing fresh entrants and incumbents into an invigorated energy storage sector.
Hardware brief: Minimalist racking, optimized car charging, a 10 GWh/year battery factory & more!
Got new hardware tips? Send them to USA-Editors@pv-magazine.com. Mono-PERC module pricing is still nudging downward, Energy Toolbase has integrated Chint energy storage solutions into its software, and Jinko has a new module.
