Storage set to come of age in the next five years
The transition for utility scale storage from offering short duration, high value grid services to the world of long duration energy peaking could spell the end of fossil fuel backup generation within five years.
U.S. trade authorities to investigate Jinko, LONGi, REC cells
The ITC will look at cells made by LONGi, JinkoSolar and REC Group, based on claims by Hanwha Q Cells that the companies have infringed on its PERC technology.
EnergySage report suggests Panasonic, LG gains in US rooftop solar
EnergySage’s quarterly intel report also showed Enphase winning back U.S. market share from SolarEdge, falling costs and bigger rooftop PV systems.
Energy storage races to investment-grade status
SUSI Partners has bought a 50% stake in Macquarie Capital’s 63 MW / 340 MWh distributed energy storage portfolio in Southern California. Included as part of this purchase is the world’s largest virtual power plant.
Goldman Sachs to snatch up 233 MW of C&I solar from SunPower
The transaction feeds the growing appetite of institutional investors for solar projects and provides SunPower with more cash.
Enel moves on 13 GW pipeline, flips 6 GW of solar+storage
Enel acquired developer Tradewind Energy’s 13 GW portfolio of wind and solar+storage projects in the United States, and then immediately sold the 6 GW solar+storage portion to Macquarie.
Sky Holdings founder to pay $14m in arbitration
After allegedly stripping his company of assets to launch another business and failing to pay under the terms of an earlier settlement, Weili Su has been ordered to shell out nearly $14 million to three former Sky Holdings executives.
Big batteries are coming to California
Macquarie has closed on funding for a third portion of a 340 MWh project in Southern California, and LADWP is planning 1.8 GW of batteries.
New record low solar power price? 2.175¢/kWh in Idaho
Idaho Power has agreed to pay $21.75/MWh for 120 MW of solar power in a 20-year power purchase agreement with Jackpot Holdings. The solar facility will offset a soon-to-close coal plant in Nevada starting in 2022.
MIT develops ‘hybrid’ cathode for smaller, lighter batteries
Scientists at MIT have developed a new type of “hybrid” cathode for lithium batteries, which they say could increase their energy density beyond that of current commercial lithium-ion battery designs.
