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Month: December 2022

Kayne Anderson Capital launches renewable energy index fund

With experience in the midstream oil and gas segment, Kayne Anderson is launching an index fund for listed renewable energy infrastructure companies. December 19, 2022 Kayne Anderson Capital Advisors, an energy private equity investment firm, announced the launch of the Kayne Anderson Renewable Infrastructure Index (Ticker: KRII) in conjunction with S&P Dow Jones Indices. The …

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Growatt releases new LFP battery for residential and commercial applications

Growatt has released its new APX HV cobalt-free LiFePO4 battery to the global market. Integrated with soft-switching parallel connection technology, the new battery solution stores more energy by eliminating the effect of the energy mismatch between packs, allowing each module to fully charge and discharge independently. The APX also provides flexibility for installation and expansion …

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Fintech meets solar: Raise Green revolutionizes local impact investment and development

Raise Green is a crowd funding platform providing tools and resources for individuals to directly participate in community solar as well as various clean energy deployments. December 19, 2022 Sustainable investing has gone mainstream. A 2021 Morgan Stanley survey found that among individual investors, an astonishing 99% of millennials and 79% of the general population …

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A year of solar industry proposals to clear interconnection queue logjams

One of the greatest challenges for large-scale solar and storage this year has been interconnection, with the solar industry responding vigorously. Solar developers first sounded the alarm, with nearly 90% of survey respondents saying interconnection delays and costs pose the biggest barrier to utility-scale renewables. Interconnection studies “could be completed in months instead of years,” said trade groups SEIA, …

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To make room for more distributed solar and storage, New Mexico to require smart inverters

Requiring smart inverters will enable more customers to install rooftop solar and storage without paying for grid upgrades. New Mexico also enabled interconnection of more storage by following guidance in the Interstate Renewable Energy Council’s BATRIES report. December 14, 2022 New Mexico will require smart inverters for new distributed solar and storage, joining several other states in …

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Sunrise brief: Testing prairie and pollinator agrivoltaics at a former nuclear power site

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CPUC Staff Propose $4.5 Million SCE Penalty for Safety Failure

The California Public Utilities Commission (CPUC) today issued a $4.5 million Staff Citation to Southern California Edison (SCE) for a 2018 incident that resulted in a fatality. In January 2018, an SCE contract worker was fatally injured while attempting to transfer a de-energized 115 kV overhead conductor from a lattice transmission tower to a new …

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DOE announces $750 million in funding to advance clean hydrogen technologies

Funding from the Bipartisan Infrastructure Law is intended to lower clean hydrogen and fuel cell costs and provide long-term support for hydrogen hubs. December 16, 2022 The U.S. Department of Energy (DOE) announced that it intends to issue $750 million in funding from 2021’s Bipartisan Infrastructure Law to help reduce the cost of clean hydrogen …

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RFP alert: AEP unit seeks solar and wind projects in PJM and ERCOT territories

In PJM, AEP is seeking solar and wind PPA proposals from 10 to 15 years, while in Texas it’s seeking solar REP agreements of 12 years or less. December 16, 2022 AEP Energy Partners, a subsidiary of American Electric Power, is soliciting a request for proposal (RFP) process for off-take agreements from new and existing …

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