Opinion
Best, Yann
News
1 Axios:
Durham battery storage company raises $100 million
2 Bloomberg:
Batteries Are Already Helping Power Grids Weather a Hotter World
3 New York Times:
What Would a Climate Emergency Mean? Here Are 4 Key Points.
4 Vox:
Europe’s gas crisis is here
5 Reuters:
Europe's power system feels the heat as cooling demand soars
6 PV-Tech:
Totalenergies launches legal action against Trina Solar alleging breach of contract, fraud over US$300m order
7 Energy Storage News:
Mercom - Energy storage corporate funding for first half of 2022 nearly equals 2021 total
8 Canary Media:
USPS ups electric truck order to 40% of its new fleet
Opinions:
9 PV-Magazine:
Heat wave sparks fire at solar park in the Netherlands
Have a great day!
Yann
Building An Intelligent Grid. FlexGen is the most exciting company I’ve had the pleasure of working for and the past 18 months of watching the energy storage market take off has been incredible. Yesterday, we announced our Series C investment round of $100million anchored by Vitol. Our mission is the help our customers to build the most intelligent and resilient grid possible while maximizing the revenue opportunity for battery asset owners. While today’s environment is a challenging one, FlexGen is creating stability and bankability to build out the infrastructure of the future. Thank you to many of you on giving us the ability to work together and if you’re looking for guidance and support with you storage projects, I hope you reach out. We’ll be at RE+ (SPI) and look forward to many partnerships around the solar market.
Opinion
News
1 Energy Storage News:
Energy trader Vitol leads US$100 million funding round for BESS system integrator FlexGen
2 The Hill:
Solar power is helping Texas keep its air conditioning amid brutal temperatures
3 Bloomberg:
India Plans $10 Billion Electric Bus Contract to Curb Emissions
4 New York Times:
Delay as the New Denial
5 Axios:
Biden to expand climate push with heat readiness, offshore wind moves
6 Reuters:
As EVs go mainstream, a rush for share of home charger market
7 Electrek:
Tesla stops scheduling solar roof installations in most markets
8 Solar Builder:
Community solar is a path to the future if policymakers plan for it
Opinions:
9 Politico:
Declaring a climate emergency could unlock potent tools for Biden — at a steep cost
Have a great day!
Yann
Opinion
Best, Yann
News
1 Utility Dive:
Texas heat wave could mean big payday for Vistra in ERCOT market - Morgan Stanley
2 Bloomberg:
White House Considers Emergency Declaration to Fight Climate Change
3 New York Times:
Trying to Salvage His Climate Agenda, Biden Weighs Remaining Options
4 Axios:
100 million under heat warnings in Plains
5 Reuters:
U.S. to seek dispute settlement talks with Mexico over energy policy-sources
6 Solar Power World:
Aurora Solar releases AI-driven PV sales and design services
Opinions:
7 Energy Storage News:
UK needs at least 50GW of energy storage for net zero by 2050, National Grid ESO says
Have a great day!
Yann
Why Climate Remains Partisan Policy. It’s not lost on me that climate is a bipartisan polling topic but remains deeply partisan when it comes to passing in Congress. The conservative or libertarian argument for energy policy is clearly obvious while also being a great tool to offset inflation. Energy inflation topped 40% in the latest release and when it comes to solar, the fuel cost remains consistently free for the life of the asset, passing that cost through to consumers is good for everyone. Ultimately there are two things I see as the most pressing for Congress on solar and storage policies, first is a robust and permanent tax credit structure. Second is consistent and predictable supply chain systems that eliminate volatility as much as possible. Biden could do something about the latter, using some version of emergency proclamation that grants the executive branch legitimate powers to act. It’ll be up to Congress to act on the tax credit.
Opinion
News
1 Reuters:
U.S. Senate Democrats urge Biden to declare climate emergency
2 Axios:
Europe heat wave turns deadly as France and U.K. brace for hottest days on record
3 Utility Dive:
Puerto Rico’s electricity rates have nearly doubled since 2020 - IEEFA
4 Solar Power World:
GAF Energy to start second solar shingle manufacturing plant in Texas
5 Energy Storage News:
Massachusetts authorities host public comment hearings for 800MWh of battery storage
6 PV-Magazine:
Solar panels power the James Webb telescope
Opinions:
7 Canary Media:
Smart electric panels in homes could prevent overtaxing the grid
Have a great day!
Yann
