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Day: November 1, 2024

Subsea pumped storage tech secures funding from U.S., German governments

A cross-Atlantic subsea pumped storage collaboration will seek to overcome the land-based challenges plaguing traditional pumped hydro storage technology. November 1, 2024 From ESS News The US and German governments have approved grants to the tune of $7.7 million to unleash the power of the ocean for renewable energy storage. US-based Sperra has been awarded …

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Coalition of 28 organizations files brief in support of continued net metering in Puerto Rico

Solar and battery manufacturers as well as non-profits filed a bill stating that the net metering policy was legally enacted and is crucial for the ability of Puerto Ricans to keep the lights on. November 1, 2024 A coalition of 28 organizations, including leading U.S. and Puerto Rican nonprofits, solar and battery companies, filed a …

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Should the solar tax credit be 80%?

In markets where consumers face volatile methane prices, MIT researchers propose that increasing installation incentives may be the most effective way to maximize social good and mitigate long-term risks in U.S. electricity markets. November 1, 2024 Economists, policy wonks, politicians, and energy professionals often debate the most effective tools for deploying clean energy, with the …

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Puerto Rico coalition speaks out to protect solar net metering from oversight board attack

A coalition of 28 organizations, including U.S. and Puerto Rican nonprofits, solar and battery companies, filed a Friend of the Court brief (Amicus) in federal court this week to stand against the Financial Oversight and Management Board for Puerto Rico (FOMB). The coalition argues that FOMB’s legal attack on Act 10 — a law extending …

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A solar-powered economy

On Day One of pv magazine Week, Dr. Heather Boushey, chief economist in the Investing in America Cabinet, shared insight into the ways in which solar has become an economic driver since passage of critical clean energy policy. November 1, 2024 With the Inflation Reduction Act as an economic driver, recent numbers are staggering in terms …

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