This is your SolarWakeup for February 24th, 2023
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News
1 New York Times:
The U.S. Has Billions for Wind and Solar Projects. Good Luck Plugging Them In.
2 Axios:
1 million without power as winter storm grips U.S., Calif. blizzard alerts
3 Reuters:
Biden nominates former Mastercard CEO Ajay Banga to head World Bank
4 PV-Magazine:
Solar industry seeing results from diversity program
5 Utility Dive:
Federal incentives help drive $52B of investments in 17 EV battery production facilities - BofA
6 PV-Tech:
Sunnova aims to add up to 125,000 customers in 2023, FY 2022 adjusted EBITDA up 38.6%
7 Energy Storage News:
1.29GW of battery storage wins contracts in UK’s T-4 Capacity Market auction
8 Canary Media:
This EV battery recycling plant in Ohio is planning a huge expansion
Opinions:
9 Bloomberg:
Solar Industry Facing Whiplash From Volatile Material Prices
Have a great day!
Yann
This is your SolarWakeup for February 23rd, 2023
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Utility Dive:
FERC approves PJM’s mid-auction capacity rule change over protests from NRG, Vistra, other generators
2 Bloomberg:
UK Will Speed Up Grid Connections to Boost Clean Power Capacity
3 Axios:
"Massive" winter storm to impact entire Lower 48
4 PV-Tech:
Iberdrola posts increased profits with solid performance in US and Brazil
5 Solar Power World:
New Georgia bill would expand community solar access and net-metering caps
6 Canary Media:
Thin-film solar sparks a manufacturing boom in the Midwest
7 PV-Magazine:
Luminia acquires New Hampshire community solar developer
Opinions:
8 Energy Storage News:
Microsoft wants to replicate ‘proven’ data centre battery storage project worldwide
Have a great day!
Yann
This is your SolarWakeup for February 22nd, 2023
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Utility Dive:
PJM to offer time-matched renewable energy certificates as demand for 24/7 coverage grows
2 PV-Magazine:
Energy storage funding up 55%, 28 companies acquired in 2022
3 Bloomberg:
Solar Industry Facing Whiplash From Volatile Equipment Prices
4 Axios:
Winter storm to slam U.S. with blizzard conditions, record temperatures
5 Reuters:
Germany throws weight behind energy transition to defend its turf
6 PV-Tech:
Risen Energy reports ‘world record’ 23.89% HJT module efficiency
7 Energy Storage News:
‘Urgent need’ for Australia to invest in long-duration energy storage, says AEMO
8 Canary Media:
After years of costly failures, is tidal energy finally catching on?
Opinions:
9 Vox:
What Europe showed the world about renewable energy
Have a great day!
Yann
This is your SolarWakeup for February 21st, 2023
T-1. In the UK, the market is making a notable addition of near term energy storage with 627MW selected for the 1-year auction. This is happening on the front of nearly 1,000 storage executives coming together in London for the Energy Storage Summit. The UK power market looks very similar to the ERCOT market, which makes sense considering they’re both islanded grids. Fast response, collocation with existing and new power generation and stacking multiple revenue streams will be the norm. For those of you at the Summit, I look forward to seeing you there.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Reuters:
U.S. IPO pick-up offers hope of market re-open
2 Utility Dive:
New power system cybersecurity architectures can be ‘vaults’ against insider attacks, analysts say
3 PV-Magazine:
Retaining value for solar customers under California NEM 3.0 rule change
5 PV-Tech:
New York approves US$4.4 billion transmission upgrades to create 3.5GW of renewable capacity
6 Energy Storage News:
UK T-1 Capacity Market battery storage contract awards up 63% to 627MW
7 Axios:
The climate change real estate bubble risks billions
8 Bloomberg:
Coal’s Quicker Exit Means Australia Needs More Energy Spending
Opinions:
9 NPR:
An activist group is spreading misinformation to stop solar projects in rural America
Have a great day!
Yann
This is your SolarWakeup for February 17th, 2023
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 S&P:
Giant batteries augment, replace US power plants on massive scale
2 Bloomberg:
JPMorgan Strategy Shows US Climate Act’s Effect on Wall Street
3 Utility Dive:
DC Circuit upholds FERC decision on Broadview solar-battery PURPA project in blow to NorthWestern, EEI
4 Reuters:
New Jersey moves up 100% clean power goals to 2035
5 PV-Tech:
SunPower invests in California market ahead of NEM 3.0 implementation
6 Energy Storage News:
US can capture 60% of value of rising domestic lithium-ion demand by 2030, DOE-led study says
7 PV-Magazine:
Three global trends for solar in 2023
8 Canary Media:
Nomad’s mobile batteries deliver utility-scale power where it’s needed
Opinions:
9 RMI:
Wasted Wind and Tenable Transmission during Winter Storm Elliott
Have a great day!
Yann
This is your SolarWakeup for February 16th, 2023
It’s Conference Season. If you haven’t been paying attention, there seems to be a conference every week for the foreseeable future. We’ve come quite the way from the metaverse version of conference programming. It’s all about seeing each other and make new connections, so get on out there.
Opening The Supercharger Network. How many gas stations would exist if you could fuel your car at home every night? EVs have a bit of a disparity in that some folks can do that and some cannot. More importantly, how would the grid want EV owners to charge their cars? Where and when? The news today is about the Tesla supercharging network and opening it up to non-Tesla drivers.
Colocating Storage. One of the hottest trends in energy storage is the colocation of batteries at existing facilities. New solar plus storage has been the trend for awhile, but now development is driving new resilient infrastructure at existing gas power plants, solar farms and wind projects. Watch this space
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Energy Storage News:
Batteries for gas - Behind FlexGen’s California co-location project to enhance peaker plants
2 Bloomberg:
US Solar Surge Collides With Higher Rates and Shifting Economics
3 PV-Magazine:
Interconnection delays slow U.S. community solar growth
4 Solar Builder:
Legacy consumer battery brands target home energy storage
5 Washington Post:
A new kind of bond is enlisting Americans in the fight against climate change
6 Utility Dive:
EPA outlines $27B in clean energy grants as Biden administration remains open to national green bank
7 Politico:
New Jersey governor to set leading clean power target and follow California ban on gas-powered cars
8 PV-Tech:
UL Solutions launches new services for standardized distributed energy communications
9 Canary Media:
Tesla’s Supercharger network will soon open to all types of EVs
Opinions:
10 Axios:
What we know about the Ohio train derailment
Have a great day!
Yann
This is your SolarWakeup for February 15th, 2023
Don’t Miss It. The latest episode of Factor This! Podcast, where I talk with the host, John Engel, about all this storage with some SolarWakeup thrown in.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here.
News
1 Bloomberg:
Biden Earmarks Billions for Rooftop Solar Under Climate Law
2 Greenbiz:
Salesforce, Microsoft get creative with clean energy procurement
3 PV-Tech:
US Treasury releases guidance on IRA programmes aimed at low-income and coal communities
4 Utility Dive:
Ford to invest $3.5B to build Michigan EV battery plant
5 Politico:
Russian-linked malware was close to putting U.S. electric, gas facilities ‘offline’ last year
6 Energy Storage News:
Europe’s largest transmission-connected BESS begins ‘world first’ reactive power services contract
7 Canary Media:
Two superstar investors go all-in on Complete Solaria merger
Opinions:
8 PV-Magazine:
Two superstar investors go all-in on Complete Solaria merger
Have a great day!
Yann
This is your SolarWakeup for February 14th, 2023
Listen Here. It has been a minute since you’ve heard me on a podcast. But now you can change that by listening to the latest episode of Factor This! With John Engel. John, who’s been covering the market for Renewable Energy World, and I had a great chat talking about this (newsletter) and you (the reader) and of course, all things energy storage.
One Major Highlight. Having spent the last two years, day and night, living energy storage, I can tell you that one of the biggest items that need to be defined for folks is who does what. Let me highlight the big ones. First is the manufacturer, either a direct OEM that makes the box or an integrator that uses contract manufacturing to make the box. That box is the DC Block. Then comes the PCS manufacturer, that makes the inverter and related power electronics skid. Last is the operating system, which brings together the digital controls hardware (servers) and the EMS platform. This is a unique nexus of coded/configured hardware and robust software platform. With FlexGen, we’re the operating system with the added touch of providing commissioning services to the storage asset owner.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Renewable Energy World:
Talking energy storage with Yann Brandt
2 PV Magazine:
U.S. energy storage market set for take off
3 Solar Power World:
Treasury caps underserved-community ITC adders at 1.8 GW of projects annually
4 Reuters:
BP names new onshore renewables head after latest departure
5 Bloomberg:
Doerr to Back Solar Company Ahead of Merger With Thiam’s SPAC
6 Politico:
GOPs’ newest attack on Biden’s climate law - China
7 Utility Dive:
FERC approves Western Resource Adequacy Program for regional capacity sharing
8 PV Tech:
Denham Capital buys distributed solar company Solops for US$200 million
9 Canary Media:
Carbon credits could soon help fund distributed clean energy projects
Opinions:
10 East Bay Times:
California’s new solar panel rules must be ditched, critics say
Have a great day!
Yann
This is your SolarWakeup for February 13th, 2023
It Hasn’t Happened Yet. Looking at the top story tells the story. California is well ahead in the EV transition compared to other states but the drive to electric is happening everywhere. I see cars plugged in that I didn’t even know made an electric version, we’ve come a long way from the EV1. Electric cars just look like cars these days. How, when, where and how much they charge is the grid problem plaguing operators and part of the essence of why so much storage is required for flexibility across the grid.
The New Tracking Frontier. Last week Nextracker held their IPO which went as planned, underpriced with a solid pop on day one. The real story is the market expansion that tracking innovator Nevados is bringing to the industry. Eliminating the need for a flat square piece of land in order to get tracking production, the company is opening up markets across the Country with a mega order announcement.
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Utility Dive:
Most US states lag California in EV adoption by at least 5 years
2 PV Magazine:
The top five U.S. sports stadium solar adopters
3 PV-Tech:
All-terrain tracker provider Nevados signs 2GW maiden US supply deal with Ampliform
4 Bloomberg:
Saudi Aramco Says ESG Investing Threatens Energy Security
5 Energy Storage News:
California’s ‘Lithium Valley’ will incentivise battery value chain investments
6 RMI:
We Need More Women in Science and Leadership
7 Axios:
Everything we know about the gas leak in the L.A.-Las Vegas pipeline
Opinions:
8 Reuters:
Column - Fantasy league matchmaking between oil majors and transition upstarts
Have a great day!
Yann
This is your SolarWakeup for February 10th, 2023
The Lender You Can Depend On. In a market that is full of uncertainty, you can rely on Dividend Finance to bring you white glove service to help you reach your long-term goals. Apply Here
News
1 Axios:
Nextracker raises $638 million in year's largest IPO
2 PV-Tech:
How the US can take full control of PV manufacturing and technology out to 2050
3 PV-Magazine:
IRA spurs 101k clean energy jobs in first six months
4 Bloomberg:
Duke Takes $1.3 Billion Charge on Renewable Unit for Sale
5 Reuters:
EU leaders agree targeted, temporary support for green industry
6 Solar Power World:
Ampliform deploying Nevados trackers in 2-GW solar project pipeline
7 GreenBiz:
Wind and solar power generated more electricity in the EU last year than gas. Here’s how
Opinions:
8 Utility Dive:
Renewables would provide cheaper energy than 99% of US coal plants, and catalyze a just energy transition
Have a great day!
Yann
