October 2023 | Page 12 of 22 | San Diego's Top Solar Company

Electric Grids Are a Hidden Weak Spot in World’s Climate Plans, Report Warns

Even as clean energy technologies like solar panels, wind turbines and electric vehicles spread rapidly across the globe, most countries are falling perilously behind in building the power lines and electric grids needed to support them, the International Energy Agency said Tuesday in an extensive analysis. The report estimated that nations around the world will …

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Solar power purchase agreement prices rise 21% year over year

Markets / By Staff

PPA prices are increasing due to rising costs, said a report by LevelTen Energy. October 17, 2023 Many large solar projects sell their electricity generation via power purchase agreements (PPA), long-term agreements that typically span about 25 years. LevelTen Energy maintains a large PPA marketplace, and its most recent quarterly report noted an uptick for …

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Canada’s largest behind-the-meter solar project

Installation / By Staff

Construction has begun on two solar projects in Alberta, one of which will include a flow battery energy storage system. October 17, 2023 Flexrack by Qcells and Alltrade Industrial Contractors, an EPC and construction services company, are partnering on construction of two solar projects in Alberta, both of which feature bifacial solar modules on fixed …

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FLEXRACK, Alltrade team up to build 182 MW solar project portfolio in Canada

Projects / By Staff

FLEXRACK’s fixed tilt mounting technology is being deployed by Alltrade in this 101 MW solar project in Aldersyde, Alberta. Construction has begun on a 182 MW solar project portfolio that will help two fossil fuel companies in Canada reduce greenhouse gas emissions. FLEXRACK by Qcells and Alltrade Industrial Contractors Inc. have partnered on two fixed …

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New opportunities for 4-hour-plus energy storage

Installation / By Staff

Energy storage with more than four hours of duration could assume a key role in integrating renewable energy into the U.S. power grid on the back of a potential shift to net winter demand peaks, says the National Renewable Energy Laboratory (NREL). October 17, 2023 From pv magazine global Four-plus-hour energy storage accounts for less …

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Plus Power raises $1.8 billion to advance construction of five energy storage facilities

Installation / By Staff

The transactions will support construction of BESS facilities in the Salt River Project in Arizona as well as in the ERCOT market in Texas. October 17, 2023 Texas-based Plus Power announced financing commitments of $1.8 billion to advance five large-scale battery energy storage projects totaling 2.76 GW/h. The company reports that the transactions will support …

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Sunrise brief: Suniva announces IRA-driven manufacturing, undermining the value of solar tariffs

Markets / By Staff

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Redwood Materials debuts a digital pricing tool to streamline electric vehicle battery recycling

Markets / By Staff

Redwood Materials purchases hybrid and electric vehicle lithium-ion or nickel-metal hydride battery packs to process and reintroduce anode and cathode materials into the domestic market. October 16, 2023 Redwood Materials, a battery recycler based in Nevada, announced the launch of an online portal that allows car dismantlers to value and sell electric vehicle (EV) battery …

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Global solar industry corporate funding grows 55% year-over-year

Finance / By Staff

Through the first nine months of 2023, $28.9 billion of venture capital, public market, and debt financing was injected into solar, said a report from Mercom Capital Group. October 16, 2023 Solar energy continues to attract more funding as the world moves along the transition from fossil fuels to renewable and emissions-free energy. This year, …

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Solar advocates appeal North Carolina net metering cuts

Policy / By Staff

Payment cuts to rooftop solar generation exports were in violation of state law, said the appeal. October 16, 2023 A coalition of solar advocates have filed with the North Carolina Court of Appeals, contending that state laws were violated when state utility regulators approved Duke Energy’s rate plan to make cuts to compensation for exporting …

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Month: October 2023