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63% of Planned Battery Storage in US to Be Co-Located With Solar

Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, based on data reported to us and published in the Annual Electric Generator Report. Another 1.3 GW of battery storage […]

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Meyer Burger Plans to Build High-performance Module Facility in Arizona

Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […]

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Wary of China, Quad Nations To Focus on Solar Supply Chain

The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […]

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Solar Hybrid Systems Firm Zola Electric Raises $90 million

ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […]

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Appliance Standards & Labelling Effective at Reducing Energy Use: IEA

Policies that introduce minimum efficiency performance standards and energy-consumption labelling on appliances and equipment have led to reduced power consumption, lower carbon emissions, and cost savings for consumers, according to analysis published today by the International Energy Agency (IEA) and the 4E Technology Collaboration Programme (4E TCP). The report’s findings are drawn from nearly 400 […]

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Broad Reach Invests in 118MW Energy Storage Equipment of SYL Battery

Broad Reach Power has invested in 118-megawatt-hour (MWh) energy storage equipment from SYL Battery to support the Cascade Energy Storage project in Stockton, California. Broad Reach Power is an independent power producer based in Houston which owns a 13-gigawatt portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas. […]

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Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean

Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […]

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Battery Maker EnerVenue Raises $100 M in Series A Funding

US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […]

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NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar

By 2035, solar energy has the potential to power 40% of the USA’s electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million people—without raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled “Solar Futures Study” calls for massive and equitable deployment […]

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