Sunrun saw growth in deployments, revenues, cash and funding, as it expands its solar+storage business and pursues capacity sales. But the company and the larger third-party solar space are facing a sticky problem.
The Swiss battery maker Leclanché will build a 35.6 MW / 44.2 MWh solar-plus-storage power plant, which will provide with clean power state-owned St.Kitts electric utility Skelec over a 20-year period. The new facility will be able to cover around a fourth of the archipelago’s total electricity demand.
Energy analysts from the United Kingdom have found that many of the world’s largest car manufacturers that are launching EVs, or looking to launch EVs, are engaged in an “unprecedented” level of collaboration in order to share the costs and risks inherent in EV development. Cornwall Insight found that the collaboration could see a major boom in supply from the early 2020s.
French renewables developer Neoen has won development approval from the South Australian government for a major renewable energy project, with 125 MW of wind, 150 MW of solar PV and 130 MW/400 MWh of lithium-ion battery storage. The project could also include up to 50 MW of on-site hydrogen production capability.
Australian renewables developer Windlab has connected and energized its landmark energy park in northern Queensland, comprising 43 MW of wind, 18 MW of solar and a 4 MWh battery.
Railway operators can now feasibly connect solar plants to traction substations, claims a consortium that is now working on a similar demonstration project in the U.K. Almost all of the 30 kW installation’s output will be used to move trains, but in the future storage could come into the picture for larger “railway-connected” solar power projects, says 10:10, the U.K.-based climate change charity that developed the pilot.
According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply mitigating climate change. Electricity is easier to transport than oil, and wind and solar electricity prices are much more stable than volatile oil prices. An analyst from the French bank argues that major producers will need to reduce oil prices below $20 to compete with clean energy in the transport sector.
ReNu Energy signed an agreement last week for the sale of its Australian solar assets to CleanPeak Energy, a commercial rooftop solar startup.
A group buying program which has prompted more than 600 rooftop arrays across 14 boroughs in the capital is set to be extended next month with officials hoping another 700-1,000 households will embrace the scheme by June.
The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
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