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.
Rooftop solar and batteries makes their mark at BNEF Future of Energy
Sunrun made a splash at the BNEF Summit in New York City at a time when utilities are increasingly struggling to adapt to new realities. But distributed energy resources have a long way to go to play a major role, and we will still need additional energy sources in future power systems.
Water, water everywhere, nor any drop to… split?
Researchers at Stanford University have developed a type of electrode which is highly resistant to salt corrosion, therefore allowing them to produce hydrogen using seawater. Applied at a larger scale, this development could potentially cut the cost of power-to-gas applications by greatly increasing the amount of water available.
JinkoSolar shipped 11.4 GW of modules in 2018
Chinese module manufacturing giant JinkoSolar today published its financial results for the full year 2018. While the company achieved an impressive 16% growth in shipments over the previous year, its total revenue took a 5.4% hit compared to 2017, thanks to falling module prices throughout the year.
$200 million fund seeks C&I and small scale utility solar projects
Stonepeak Infrastructure Partners has invested $200 million in a new distributed solar company — Madison Energy Investments — focused on ground-mount, rooftop and carport projects ranging from 500 kw to 20 MW.
The good, the bad and the strange of net metering policy changes
Maine will restore net metering, Kentucky is gutting it and Arkansas has opened the door to any one of a number of changes, as the foundational policy for distributed solar sees ups and downs across the nation.
Rise of bifacial lifts profits for the world’s tracker companies
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
