Energy Update
If consumers are willing to purchase and install solar energy on their homes and they are also willing to purchase and install batteries so they can continue using that solar energy at night when the sun goes down, could those same batteries be used by the electric utility as a grid asset? In Utah and Idaho, the answer to that question is yes.
SPI Energy Co. said it signed a letter of intent to secure a 1.5 GW solar wafer manufacturing equipment.
Neither the equipment provider nor the dollar value of the deal was disclosed.
The company is targeting delivery and production of the solar wafers in the U.S. by 2023. It said it also plans to increase its solar wafer manufacturing capacity to 3 GW by 2024.
The U.S. Department of Energy announced $40 million in funding to advance the development and deployment of clean hydrogen technologies. In a related move, DOE also launched a $20 million university research consortium to help states and Tribal communities implement grid resilience programs and achieve decarbonization goals.
RICHMOND, Va. (AP) — A ratepayer protection that state regulators included in a recent order approving Dominion Energy Virginia’s application to build and recover the costs of a massive offshore wind farm would force the utility to scrap the project, Dominion said in a filing this week.
Contributed by Dean Barlow, Gripple
More and more EPC (Energy Procurement and Construction) companies and solar developers are being asked to explore the best methods of utilizing otherwise unusable land for use as utility-scale solar farms.
Miami-based battery energy storage system provider On.Energy has raised $100 million to finance projects in the U.S. and Canada.
On.Energy has delivered, and currently operates, more than 30 BESS diversified across industries such as airports, hotels, retailers, plastics, and power generation.
Fervo Energy has raised $138 million to develop and deploy its next-generation geothermal technology.
Daniel Cohan, Rice University
Earlier this year, the U.S. Energy Information Administration stated that in 2021 over 17 GW of wind capacity came online in the United States, increasing U.S. wind energy generation by 30% to 135.1 GW. Another 7.6 GW was expected to come online in 2022.
PINEVILLE, La. (AP) — A Louisiana utility and a New York-based renewable energy company say a big solar farm will be built near a coal-fired Louisiana plant that closed last year.
Cleco Power and D.E. Shaw Renewable Investments LLC have a long-term agreement under which Shaw Renewable will build a 240-MW solar installation and Cleco will buy power from it, according to a news release.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.