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Spain Tenders 3 Gigawatts of Renewables Under New Pay-as-Bid Model

Solar and onshore wind get 1 gigawatt each while floating offshore wind seeks foothold. Spain has launched a tender for up to 3.18 gigawatts of renewable generation in its first auction under a pay-as-bid model introduced earlier this year. The model, similar to the contracts-for-difference program used in the U.K., aims to correct problems with […]

Shell-owned German solar battery firm sonnen sets sights on growth

Fledgling Solar Technology Promising Output Gains Raises $2.5M

SunDensity, a solar photonics startup, says its technology boosts module output by 20 percent. SunDensity, a solar startup promising 20 percent power output gains* due to specially coated glass, raised $2.5 million in initial financing to begin commercializing its product. If commercially successful, the technology could measurably increase the output of solar panels, reducing the […]

Naturgy to invest up to $1.8 bln in U.S. after $57 mln acquisition

What’s at Stake for Clean Energy in the US Election?

How will the election shape the solar, wind, energy storage and utility sectors? GTM’s reporters game it out. The reality is there’s no bad outcome for clean energy in the upcoming election, though the impact on the climate is another story. For clean energy resources — solar, wind and energy storage — the range of […]

Investors storm into alternative energy funds ahead of Biden presidency

Terabase Raises $6M Series A to Lower Cost of Utility-Scale Solar

The startup from SunPower alums tracks 100 different components of large-scale solar development, to squeeze out cost wherever possible. A year after launching, solar software startup Terabase Energy has raised $6 million to keep growing its team and services. The Berkeley-based company emerged when SunPower wound down its project development business. Several former SunPower employees […]

Investors storm into alternative energy funds ahead of Biden presidency

WoodMac: Biden Loss Would End Hopes of US Decarbonization by 2050

The stakes are every bit as high as the energy industry and climate change activists say they are. The upcoming U.S. presidential election will dictate the pace of decarbonization in the world’s largest economy for decades, according to new research from Wood Mackenzie. Democratic nominee Joe Biden’s $2 trillion climate plan, including a pledge to […]

Investors storm into alternative energy funds ahead of Biden presidency

WoodMac: Large-Scale Solar Holds Cost Edge Despite ITC Stepdown, Coronavirus Impacts

Corporate demand and state mandates are driving utility solar installations, but voluntary procurements based on pure economics continue to dominate. Voluntary procurement of utility solar remains the top driver of U.S. utility PV in development, according to Wood Mackenzie. WoodMac defines voluntary procurement as procurement based solely on the economic competitiveness of renewables against other […]

Advisory on rooftop solar scheme

Long-Term Value of Grid Storage Is All About Capacity, Study Finds

More batteries can mean fewer generation assets and new transmission lines. But market rules need to change to unlock that value. The grid is heading in the direction of more renewables, with or without overarching policies to guide it. There’s general agreement that the ability to store electricity will become more valuable as this happens, […]

Corvus’ Energy Storage Systems for Harvey Gulf’s Offshore Vessels

US Solar Plants Now Expected to Run for More Than 30 Years: Berkeley Lab

Cheaper modules brought solar plants into the energy mainstream. Longer operating lives are making them better investments. Big solar plants are getting cheaper to run and expectations for their useful operational lives keep getting longer, according to a new survey of U.S. solar industry professionals. By the end of 2019, a cumulative total of 76 […]

Investors storm into alternative energy funds ahead of Biden presidency