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Energy Storage

New York continues long duration energy storage investments with $5M funding initiative

NYSERDA is allocating $5 million to fund up to 50% of project costs for developing energy storage systems capable of operating for 10 to 100 hours, addressing key integration challenges and promoting viable economic products within New York’s energy grid.

Startup Giraffe Financial aims to unravel tax credit complexities for businesses

Giraffe received a $1.5 million pre-seed round of funding and plans to help underserved small- and medium-sized businesses access IRA tax credits.

Sunrise brief: A new federal transmission rule won’t help renewables projects anytime soon

Also on the rise: The IRA effect on domestic supply chain. Solar carport to provide 100% electricity needs for Los Angeles Six Flags. And more.

Sunrise brief: ‘Misguided’ CPUC vote may derail California community solar

Also on the rise: Are false pretenses driving solar cell tariff case? Long-duration energy storage poised to outcompete lithium-ion batteries. And more.

Long-duration energy storage poised to outcompete lithium-ion batteries

While most long-duration energy storage (LDES) technologies are still early-stage and costly compared to lithium-ion batteries, some have already or are set to achieve lower costs for longer durations, finds BloombergNEF.

CPUC vote expected to keep California community solar from reaching its full potential

Coalition for Community Solar Access says the 3-1 vote ignored the will of the California Legislature and the broad coalition of ratepayer, equity, environmental, labor, agricultural, and business groups who have demanded a functional community solar program for more than a decade.

Sunrise brief: Battery energy storage tariffs tripled; domestic content rules updated

Also on the rise: Bringing lithium-sulfur batteries closer to commercialization. Largest solar project in Wyoming moves forward. And more.

Largest solar project in Wyoming moves forward

The $1.2 billion Cowboy solar project will be built by Enbridge, with 771 MW expected to be fully operational by 2027.

Solar peaks at 123% of grid, supplies 31% of California’s April electricity

The Golden State set multiple clean energy records in April, with solar power increasingly dominating the grid, supported by robust energy storage solutions.

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SunPower now offers Tesla Powerwall 3 to residential solar customers

SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.

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