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Day: July 17, 2024

Peak Energy to use latest funding round to launch production of sodium-ion ESS

Peak Energy, a U.S.-based company developing giga-scale energy storage technology for the grid, will use its $55 million Series A funding round to launch full-scale production of its sodium-ion battery technology. Xora Innovation led the financing round with participation from Eclipse, TDK Ventures, Lachy Groom, Tishman Speyer, TechEnergy Ventures, Doral Energy-Tech Ventures and DETV-Scania Invest. “As …

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Generac using $200 million DOE grant to help Puerto Ricans get solar + storage

Generac Power Systems has been awarded a grant of up to $200 million over the five-year term of the award agreement with the U.S. Dept. of Energy as part of the $1 billion Puerto Rico Energy Resilience Fund (PR-ERF). Under the PR-ERF’s Programa Acceso Solar (Solar Access Program), Generac will facilitate the installation of residential …

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Peak Energy secures $55 million Series A funding to manufacture sodium-ion batteries

The company plans to deliver its first systems in 2025 and open a full-scale production facility in 2027. July 17, 2024 U.S. manufacturer Peak Energy announced it has secured a $55 million Series A funding round to scale production of grid-scale sodium-ion batteries. The funding round was led by Zora Innovation, a investing platform of …

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EDP Renewables completes 200-MW solar + 40-MW storage project in Fresno County

EDP Renewables North America today unveiled its Scarlet I Solar Energy Park in Fresno County, California during a ribbon-cutting hosting dozens of dignitaries and industry partners. The 200-MW project, which also includes a 40-MW battery energy storage system, will generate enough energy to power the equivalent of 68,000 average California homes each year. Scarlet I …

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Utah developer rPlus secures $1B in financing for 400 MW/1600 MWh solar-plus-storage project

The Green River Energy Center will supply power for PacifiCorp. July 17, 2024 Salt Lake City-based renewable energy developer rPlus Energies says it has secured over $1 billion in financing for the 800 MW Green River Energy Center (GREC) in Emery County, Utah, one of the largest solar-plus-storage projects in the country. Originally conceived as …

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Grid operator PJM to start talks on regional transmission

The nation’s largest grid operator told renewables trade groups that it will launch a transmission planning process ordered by the Federal Energy Regulatory Commission. July 17, 2024 PJM Interconnection, which provides transmission from Chicago to New Jersey, said it will launch a stakeholder engagement process in August to “help inform inputs” into scenario analyses for …

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Hawaii solar installer RevoluSun celebrates 15 years in business

Hawaiian solar installer RevoluSun celebrated its 15th anniversary this week. The company began its journey with the goal of building cleaner, smarter, solar communities one rooftop at a time and has now helped 10,000 families and hundreds of businesses go solar + storage. RevoluSun “My partners and I started RevoluSun with the intention of revolutionizing …

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Sugar Hollow Solar receives B Corp certification and is celebrating all summer

North Carolina-based Sugar Hollow Solar is celebrating 14 years of installing solar in western North Carolina and upstate South Carolina and recently received its B Corporation certification. The B Corp certification is held by just a dozen companies in western North Carolina and highlights companies’ dedication to excellence in social and environmental performance, transparency and …

Sugar Hollow Solar receives B Corp certification and is celebrating all summer Read More »

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