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Sunrise brief: Goldman Sachs invests $250 million in Hydrostor

Also on the rise: Nearly half of all new capacity added to the grid will come from solar. Washington community solar bill garners support. Optimizer manufacturer Alencon expands manufacturing and R&D facilities outside of Philadelphia. GoodWe rebranding reflects the ‘smarts’ in its inverters and storage technology. Three California community choice jointly issued an RFP.

Solar expected to be largest source of U.S. new generating capacity in 2022 About 46% of new generating capacity is expected to be PV, giving it the largest share of the new generation mix.

Alencon expands its Philly R&D and manufacturing facility The company has also doubled its workforce and improved the energy efficiency of the facility, which is used to manufacture Alencon’s galvanically isolated DC:DC optimizers and research next-generation technology innovations.

RFP Alert: 11.5 GW of renewables mandated by CPUC Three community choice aggregators are seeking project proposals for solar and long duration energy storage in northern and central California following a procurement mandate for all load-serving entities in the state.

Goldman Sachs invests $250 million in Hydrostor to advance long-duration energy storage projects The investment is planned to support development and construction of Hydrostor’s 1.1 GW, 8.7 GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.

Washington renewable energy advocates support community solar incentive bill House Bill 1814 places a focus on expanding the opportunities for low-income residents to realize the benefits of renewable energy through the installation of community solar projects throughout the state.

GoodWe rebrands as a ‘Smart Energy Innovator’ GoodWe’s new logo and slogan are intended to reflect the company’s increased commitment to harnessing smart technology.

GOODBYE OLD WAYS

It’s okay to break tradition. Today’s electricity needs are more sophisticated than ever, making traditional power a thing of the past. Switching to solar helps you get with the times while saving the planet.

GREEN CONSCIOUSs

Traditional power has adverse environmental effects from the coal and natural gases combusted during production. Solar offers all of the power with no extra cost and no harmful polutions..

POWERED BY THE SUN

Rather than digging up fossil fuels, solar energy is clean power from the sun - a renewable fuel source that won't go out in our lifetime. Every kW lowers your carbon footprint by over 3K pounds annually.

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