Biden To Sign IRA. You can read my extended thoughts on the IRA if you missed it this weekend, here.
Opinion
News
1 Grist:
House passes the Inflation Reduction Act, the ‘most significant climate bill in US history
2 New York Times:
A Detailed Picture of What’s in the Democrats’ Climate and Health Bill
3 Axios:
Congress sends $740 billion tax, health, and climate bill to Biden's desk
4 PV-Tech:
Massachusetts governor signs climate bill with support for solar, clean energy mandates
5 PV-Magazine:
FlexGen launches modular C&I battery
6 Energy Storage News:
ESS Inc ramps iron flow battery production capacity to 500MWh, signs 12GWh Australia deal
7 Canary Media:
Energy storage wins a long-sought victory with the Inflation Reduction Act
Opinions:
8 Utility Dive:
FERC commissioners press financial giant Vanguard over possible efforts to influence utility power portfolios
Have a great day!
Yann
The House Votes. The House will come back to session tomorrow for a day to vote on the Inflation Reduction Act. According to the Speaker, Nancy Pelosi, the bill will pass and be sent to the President (i.e. the House is voting on the version passed by the Senate). This will end the week with a significant victory for the energy sector including segments beyond solar and wind but ultimately accelerating the path to enable a renewable-based, more resilient energy transition.
Opinion
News
1 Reuters:
Pelosi says U.S. House will pass Inflation Reduction Act on Friday
2 Utility Dive:
Solar+storage breaks out in 2021 with installed hybrid systems surpassing standalone storage
3 Bloomberg:
RWE Boosts Spending on Wind, Solar as Gas Crisis Deepens
4 Axios:
The long road to the climate bill
5 PV-Tech:
Array Technologies ‘on the path to restoring historical margins’ as it rebounds from 2021
6 Energy Storage News:
International investors from Norway and Canada enter UK energy storage market
7 Canary Media:
Climate bill could revolutionize US cleantech manufacturing. Here’s how
Opinions:
8 PV-Magazine:
About 20% of utility-scale solar capacity was delayed in the first half of 2022
Have a great day!
Yann
Opinion
Best, Yann
News
1 Wall Street Journal:
Inflation Reduction Act Could Supercharge Grid Energy Storage
2 Politico:
Inflation Reduction Act Could Supercharge Grid Energy Storage
3 Utility Dive:
MISO benefit-cost analysis of $10.3B transmission plan offers framework for national model - ACORE report
4 Bloomberg:
Irish Grid Issues Power Supply Alert as Concerns For Winter Grow
5 Axios:
Investors like the climate deal
6 Reuters:
Analysis - U.S. renewables investors see Senate bill sparking gold rush
7 PV-Tech:
OMERS takes US$100 million stake in ‘world’s largest’ solar O&M business NovaSource
8 Energy Storage News:
US DOE seeks input on how to direct US$675 million into Critical Materials R&D
9 PV-Magazine:
Designing for 100% renewables with real-time retail pricing could yield benefits of 9% or more
Opinions:
10 New York Times:
Europe’s Energy Crisis May Get a Lot Worse
Have a great day!
Yann
Faster PPA Docs. Energy Toolbase has launched its newest financing integration partner, Sustainable Capital Finance (SCF), on the ETB Developer platform. This partnership enables ETB Developer users to instantly generate Power Purchase Agreements (PPA) financing quotes for commercial and industrial (C&I) and non-profit solar + storage projects without leaving the platform through SCF’s industry-leading PPA solution. Click here to learn more about this exciting partnership during a free, informative webinar on August 10th, 11am PST.
Opinion
News
1 Axios:
The coming scramble for clean energy workers
2 Utility Dive:
Diving into the Inflation Reduction Act’s tax credits and the ambitious plan to reshape the US energy sector
3 Bloomberg:
The War in Ukraine Is Speeding Europe’s Pivot to Renewables
4 Reuters:
Explainer - When will Americans feel the Inflation Reduction Act's impact?
5 PV-Tech:
Clearway Energy sees renewable sales rise 31%, while sale of thermal business provides massive cash injection
6 Energy Storage News:
BESS system integrator FlexGen launches C&I product
7 Canary Media:
3 things every EV driver should know about their tires
8 PV-Magazine:
Washington D.C. signs 73 MW solar power purchase agreement
Opinions:
9 E&E News:
U.S. solar faces new barriers after year of ‘crisis’
Have a great day!
Yann