Prices of solar-plus-storage systems to be deployed on France’s island territories have fallen once again in the country’s latest auction, dipping below €100/MWh (US$122.75/MWh).
Solar and storage developer Origis Energy has announced a management buyout of its original shareholders, a transaction it says “solidifies US control” of the company.
A two-year extension of the investment tax credit (ITC) for solar systems as well as new funding for energy storage research are included in the US’ wide-reaching pandemic relief package that was approved by Congress on Monday evening.
A new strategic plan putting the New York Power Authority (NYPA) on the path to 100% carbon-free electricity by 2035 - five years earlier than the target set out in the US state’s policy goals - has been approved by the state public power organisation’s Board of Trustees.
One of the planet’s most abundant elements, hydrogen has the capacity to be a game-changer in decarbonising the global energy system, writes Janice Lin, founder and president of the Green Hydrogen Coalition
Solar inverter manufacturer SMA will supply German grid operator TransnetBW with feed-in data from regional power installations to alleviate grid bottlenecking issues as home-consumption and battery storage grows in popularity.
Californian energy tech developer BrightNight and Canadian clean energy company Cordelio have formed a joint venture that will see the latter expand its operations in the US with the help of the former’s planned projects.
Energy storage systems were historically used for grid balancing purposes within Europe, limiting their use to such applications or to be considered as “auxiliaries” to renewable generation assets. However, as market prices evolve and new revenue streams emerge, stakeholders must discover the diverse applications that such systems can tap into, writes Naim El Chami
US policymakers should explore the possibility of scrapping the investment tax credit (ITC) for solar PV and instead offer fiscal support for battery storage systems, an energy finance executive has said.
AES Corporation is to merge its US-facing clean energy development business with independent power producer sPower, creating a platform with a 12GW project pipeline in the country.
