Sunnova earnings dip, unrestricted cash grows as it mends balance sheet
Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report.
50 states of grid modernization
North Carolina Clean Energy Technology Center’s recent report looks at how states are doing with legislative and regulatory action related to shoring up the power grid.
California’s electricity multi-crisis can be aided by virtual power plants
By operating distributed resources like solar, batteries and demand response devices in concert, California ratepayers could be paid $500 to $1,000 per year while improving resource adequacy.
Duke Energy pilots incentive program for home solar and storage
The PowerPair program offers up to $9,000 for residential customers who install approved home solar-plus-battery systems.
Roadmap to achieving Puerto Rico’s goal of 100% renewable energy by 2050
The report defines implementation actions, highly detailed in the PR 100 Final Report, but which are summarized into five actions from immediate to long-term to recurring.
Sunrise brief: California bill to reevaluate rooftop solar net metering
Also on the rise: 26% of battery storage systems have fire detection and suppression issues. Solar glass manufacturing comes to Georgia. And more.
Reducing cost of residential solar financing with virtual power plants
Solrite Energy says its new power purchase agreement has more agreeable finance terms due to the ability of distributed solar-plus-storage to make money as part of a virtual power plant.
Homeowners improve solar plus battery payback period with virtual power plants
Virtual power plants (VPP) coordinate home energy resources, dispatching power to the grid at key times of high electricity demand in exchange for compensation.
VPPs get the VIP treatment
With net metering waning in the United States and utilities looking for ways to affordably bolster their electricity networks, the US Department of Energy (DOE) is trying to support virtual power plant (VPP) deployment. Solar industry veteran Jigar Shah, known as the father of the solar power purchase agreement, is now leading the charge at the department’s Loans Programs Office.
Merging DER platforms into single virtual power plant solution
Swell Energy and Shifted Energy’s combined solution comprises what the companies say is a turnkey virtual power plant that will provide utilities with forecasts of energy demand and generation across the board.
