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• Time: Clean Energy Investment Sets $1.1 Trillion Record, Matching Fossil Fuels For the First Time
• PV-Magazine: Trade policy, supply chain murk waters for utility solar growth
• Utility Dive: ISO-NE to begin dispatching growing fleet of ‘front-of-meter’ solar resources in boost to reliability
• The Hill: In the wake of hurricane destruction, Biden is supporting Puerto Rico’s clean energy transition
• Bloomberg: Even $370 Billion in US Incentives Won’t Solve All of Solar’s Struggles
• Energy Storage News: US utility Xcel to put Form Energy’s 100-hour iron-air battery at retiring coal power plant sites
• PV-Tech: Tesla 2022 solar installs inched up to 348MW
• Canary Media: Green steel startup Boston Metal raises $120M for its fossil-free tech

Opinion

• Reuters: EU must answer U.S. clean energy subsidies, commissioner says on Washington visit

Best, Yann

Happy Friday. Wrapping up the week that started 2023 with an interesting, and timely, blog post from Bill Gates about the grid and transmission. With trillions of dollars looking to deploy into the transition, we need to get the interconnection and pricing signals done right. Have a great weekend and send me your top news and ideas for next week!

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

• Bill Gates: The surprising key to a clean energy future
• Bloomberg: Blackstone Sees Inflation Accelerating Pivot Away From Fossil Fuels
• Energy Storage News: US battery supply chain investments reach US$92 billion since Biden took office
• PV-Magazine: Minnesota voting on 100% clean electricity today, 10% solar by 2030
• Reuters: U.S. lawmakers seek repeal of Biden solar tariff waiver
• Bloomberg: China Mulls Protecting Solar Tech Dominance With Export Ban
• Utility Dive: Demand for Tesla storage products exceeds supply as Q4 deployments rise 152% to 2.5 GWh
• Solar Builder: JFK Airport to be home to largest rooftop terminal solar array in the U.S.

Opinion

• Canary Media: Here’s a plan for cutting US demand for lithium by up to 90%

Best, Yann

Expansion, Contraction. You can read 5 different headlines and they all follow a certain theme. Consumers and businesses are using electricity more than they were before. That usage is consistent in volume but inconsistent on location, i.e. you’re working from home some days. Some of the energy you are using today is no longer liquid but electric, i.e. you now drive an electric car or ride an e-bike. More electricity is coming from wind and solar than ever (and growing). All of this results in a grid that needs to expand in some places at some times, and contract in some places at some times. Our grids today are basically in need of slinkies at every point of interconnection to allow for the flexibility that we all expect as consumers.

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• Reuters: Largest U.S. grid faces tight timeline to curb wind, solar delays
• Energy Storage News: Battery storage helping California avoid curtailment, but shedding set to grow further in 2023
• Utility Dive: 2023 US Power Sector Outlook
• New York Times: Climate Change May Usher in a New Era of Trade Wars
• Axios: California flooding causes billions in economic losses, estimates show
• PV-Magazine: Microsoft to purchase 2.5 GW of Qcells solar

Opinion

• Bloomberg: Georgia Leading US Solar Manufacturing

Best, Yann

InsureTech. Innovation in insurance isn’t seen often but my friends at kWh Analytics have done it again, launching a property insurance product. Congrats to Jason and team for the launch, definitely check that out.

Energy Transition For Fleets. EV Charging delivered is what it says on the side of the truck that carries a movile EV charger to those that need it. First, it does wonders for those that still feel range anxiety and second, have you ever seen an Amazon delivery truck at a gas station? Most fleets either fuel at a central repository or (get this) the fuel truck comes to them so that they don’t have to waste time doing that. With electrification clearly underway, mobile EV charging is on the way. Proving once again that my definition of the energy transition is correct, we’re swapping from molecules to electrons.

Cool Concept. Centrica is using legacy power infrastructure to replace it with 21^st century technology. Development needs land, use permits and interconnection to get a project launched. Guess what every power plant in the US already has…

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• Solar Power World: kWh Analytics launches property insurance for solar projects
• PV-Magazine: Mobile charger for electric vehicle fleets
• Bloomberg: Centrica Buys Old Gas Plant to Turn It Into Green Energy Site
• Reuters: Draft shows EU to back new funding for green industry, but officials urge caution
• PV-Tech: Solar and land use in the UK – balancing energy and food security
• Energy Storage News: Blackstone-owned energy storage developer Aypa Power secures US$320 million credit

Opinion

• Utility Dive: How US grid operators can defend against the unprecedented surge in power system attacks

Best, Yann