Month: March 2022

Wood Mackenzie launches partnership with Puerto Rican solar foundation

A team of three analysts from global energy consultancy Wood Mackenzie are in Puerto Rico this week helping install solar panels on homes as part of a new initiative with charity Let’s Share the Sun Foundation. The analysts from Wood Mackenzie’s energy teams across the Americas are swapping laptops for ladders as they join local …

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Honeywell, Duke Energy team up to deploy municipal microgrids across the country

With extreme weather and power outages on the rise, the United States needs a more resilient energy grid comprised of more distributed energy resources and municipal microgrids. Honeywell and Duke Energy Sustainable Solutions (DESS) are teaming up on an all-encompassing solution to do just this, targeting communities across the U.S. The nonregulated commercial brand of …

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New LFP battery maker plans to establish gigafactory in United States

American Battery Factory (ABF), a new lithium-iron phosphate battery maker, has announced plans to develop gigafactories in the United States. “We talk a lot about generating renewable energy as a society, but not about how to store it,” said Zhenfang “Jim” Ge, ABF Chairman of the Board. “Without batteries, moving to an entirely green energy …

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3GW distributed solar and 2.1GW distributed storage in Michigan by 2035, under a low-cost scenario

A Vibrant Clean Energy study commissioned by Vote Solar found that GW-scale investments in distributed solar and storage would yield the lower cost between two approaches studied for Michigan to achieve economy-wide carbon neutrality by 2050. March 8, 2022 The average Michigan customer could save $773 per year through 2050 compared to current utility plans, …

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Greenbacker acquires interest in Minnesota solar portfolio

In one of the company’s largest transactions to date, Greenbacker has acquired a significant financial interest in the 150MW operating Aurora solar portfolio March 8, 2022 Greenbacker Renewable Energy said that it has, through a subsidiary, purchased a 49% financial interest in the 150MW operating Aurora solar portfolio from BlackRock Global Renewable Power Fund II. …

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PG&E wants to use GM electric vehicles as on-demand power sources for customer homes

PG&E is piloting a program that uses General Motors electric vehicles as on-demand power sources for homes in PG&E’s service area. Chevy Silverado EV PG&E and GM will test vehicles with bidirectional charging technology that will feed stored vehicle energy into customer homes. Bidirectional charging capabilities add even further value by improving electric resiliency and …

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Five community solar projects coming to Maine

Financing platform Luminia, formerly SD Renewables, has entered a joint development agreement with New Hampshire Solar Garden to secure funding for New Hampshire Solar Garden’s pipeline of projects, including five community solar projects in Maine. Through its proprietary technology platform, Luminia will provide New Hampshire Solar Garden with access to intermediate and long-term financing that …

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Sunrise brief: Battery prices won’t fall until 2024 and other projections from IHS Markit

NASA’s 1.5 billion-mile Psyche asteroid mission will be solar-powered NASA will explore a large, metal-rich asteroid with an remote-operated craft powered by two cross-shaped solar arrays. Koch subsidiary DEPCOM Power expands energy storage portfolio to 650MWh The company brings EPC, O&M, EMS, LTSA to utility-scale solar plus storage or standalone storage projects. IHS Markit: Battery …

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DEPCOM expands energy storage capabilities

DEPCOM Power, a subsidiary of Koch Engineered Solutions, has expanded its energy storage capabilities. “As a trusted one-source partner, we help asset owners drive down total cost of ownership and ensure the most competitive and bankable energy storage solutions,” says Johnnie Taul, CEO of DEPCOM. “Our end-to-end advantage combines engineering leadership, procurement power, and operational …

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