February 14, 2022 | Page 3 of 6 | San Diego's Top Solar Company

Hydrogen under $3/kg may ensure affordable seasonal energy storage in the US

A group of scientists from the Oregon Center for Electrochemistry (OCE) and Arizona-based zero-emission vehicle company Nikola has investigated whether electrolyzers and fuel cells powered by intermittent wind and solar may become economically competitive in providing seasonal energy storage in the U.S. energy market. “Our paper investigates multiple end-uses of fuel cells for grid power and shipping,” the research’s …

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Sunrise brief: Three California utilities fund coalition backing NEM 3.0

Policy / By Staff

Sunrise brief: Three California utilities fund coalition backing NEM 3.0 – pv magazine USA ☰ Related content Elsewhere on pv magazine… pv magazine offers daily updates of the latest photovoltaics news. Stay informed. Join our newsletter. Email* Select Edition(s)* Hold Ctrl or Cmd to select multiple editions. Tap to select multiple editions. U.S. (English, daily)Global …

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Interconnection delays and costs are the biggest barrier for utility-scale renewables, say developers

Policy / By Staff

LevelTen and Advanced Energy Economy point to delays in the PJM grid region, in particular. Construction of the 300GW of renewables and storage projects in PJM’s interconnection queue would support 1.7 million jobs, says AEE. February 14, 2022 Nearly 90% of renewable developers surveyed by LevelTen said that interconnection timelines and costs represented the biggest barrier to …

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California lifts renewable energy target to 73% by 2032

Policy / By Staff

The California Public Utilities Commission raised renewable energy procurement targets, plans for a more aggressive decarbonization plan, and includes increased reliability provisions. February 14, 2022 The California Public Utilities Commission (CPUC) approved plans to expand renewable energy, reduce carbon emissions, and bolster electric reliability across the state. The latest integrated resource plan (IRP) adopts a …

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Water-based electrolysis for green hydrogen earns funding

Finance / By Staff

Verdagy announced it secured a $25 million investment for its new electrolyzer technology. February 9, 2022 Verdagy, a company that is developing a water-based electrolyzer for green hydrogen production, announced it achieved funding to scale its technology. The $25 million funding round was led by TDK Ventures, Orbia, BHP Ventures, Doral Energy, Tech Ventures, Kholsa …

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CommonBond enters the solar finance market, looking to help installers grow their business

Finance / By Staff

Within the new venture, the company hopes to be able to lowers costs for both installers and homeowners, and promises increased sales velocity for installers. February 10, 2022 CommonBond, a financial technology company which uses modularly-designed financial service tools to provide customers affordable, transparent, and simple ways to pay their loans, announced that it has …

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Strata Clean Energy Inland Empire Energy Storage project awarded PG&E agreement

Finance / By Staff

Strata Clean Energy’s Inland Empire Energy Storage was awarded a 15-year Resource Adequacy Agreement with Energy Settlement by Pacific Gas & Electric (PG&E), which filed an Advice Letter at the California Public Utilities Commission for approval of 6,396 megawatt hours (MWh) of new and incremental utility-scale battery energy storage systems (BESS). “The IEES project in …

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Greenbacker acquires 16MW Massachusetts rooftop portfolio

Markets / By Staff

The 16 installations in the portfolio all entered operation between the third quarter of 2018 and the second quarter of 2020, and each has an offtaker contracted for its generation. February 7, 2022 Greenbacker Renewable Energy Company said that it has, through a subsidiary, purchased a 16.3MW operational solar portfolio from developer ECA Solar and …

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Rising electricity bills in Nigeria drive demand for solar

Finance / By Staff

The chief executive of a Nigerian commercial solar installer has pointed to the beneficial effect rising electricity prices are having on demand for his company’s services. Tony Carr, CEO of commercial and industrial solar company Starsight Energy, pointed to a “recent increase in grid [electricity] tariffs” in Nigeria as driving demand for PV after his …

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‘Bangladeshi energy masterplan should focus on renewables’

Finance / By Staff

With the finances of national utility the Bangladesh Power Development Board in disarray thanks to rising capacity payments for often-inactive conventional power plants, renewables offer the hope of fiscal sustainability, according to the Institute for Energy Economics and Financial Analysis. February 14, 2022 Bangladesh’s new power system masterplan must focus on renewables and grid investment, …

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Day: February 14, 2022