• Reuters: Exclusive – Northvolt raises $1.2 billion in latest funding round for factory build out – CFO
• Canary Media: Biden admin slaps more tariffs on several Chinese solar manufacturers
• PV-Tech: Biden admin slaps more tariffs on several Chinese solar manufacturers
• PV-Magazine: Investors, buyers losing interest in ‘speculative’ renewable projects
• New York Times: What Happens When Great Power Conflict and Climate Action Collide
• Electret: Tesla changes its solar strategy, lays off workers, bets on certified installers
• Utility Dive: Investors, buyers losing interest in ‘speculative’ renewable projects
• Politico: Exclusive: Northvolt raises $1.2 billion in latest funding round for factory build out – CFO

Opinion

• Bloomberg: How to Build a Giant Power Station Without Spending a Cent

Best, Yann

• Utility Dive: Hawaiian Electric eyes bankruptcy after Maui wildfires in ‘prudent scenario planning’
• Wall Street Journal: Solar Boom Spreads to Timberlands and Self-Storage Rooftops
• Axios: Tropical Storm Hilary’s heavy rains flood California streets
• PV-Tech: “Allegations were meritless from the beginning”: US Commerce confirms AD/CVD tariff circumvention as solar industry warns of disruption
• Energy Storage News: Sonnen’s German battery VPP reaches 250MWh, expects 1GWh in next few years
• Canary Media: Video – How the Inflation Reduction Act has transformed US clean energy
• PV-Magazine: California solar generation grew twentyfold in a decade

Opinion

• Reuters: Renewables companies hit brakes on Alberta projects after govt delays approvals

Best, Yann

Disneyland versus Disneyworld. The unlikeliest of circumstances is leading to this headline, understanding that Disneyland is in Southern California and Disneyworld is in Central Florida. One of them has a hurricane emergency plan and the other has an actual hurricane coming its way. From the fire in Maui to the tropical storm hitting SoCal, this has been a crazy weather summer. My 100 degree days  are a norm but I tell my friends I’m less worried about storms since the ocean is so warm, they’ve been straying north. Meanwhile doing what we can to keep up with the increased demand for energy is politicized to the point that the political divide makes solar not the obvious choice, and the obvious choice that needs to expand faster. The industry is doing great work, expanding manufacturing, retraining professionals from other sectors and leading the clean energy expansion but that isn’t getting through. So we need to say more about the individual stories and do more as a sector to expand the geographic impact across all of America in a way that changes hearts and minds.

• Magic: First Ever Tropical Storm Warning Issued for Disneyland Resort Area
• Reuters: US places tariffs on some big solar companies for dodging China duties
• Politico: Biden faces calls to declare climate emergency as he heads to Maui
• Axios: Maui wildfires spark new fears about outdated U.S. power grid
• Utility Dive: Google-backed white paper offers framework for deliverability in clean energy procurement standards
• Bloomberg: Bank of America’s $580 Million Renewable Tax Credit Deal Is One of Many
• Energy Storage News: Iron flow battery player ESS Inc improves revenue position, says IP safe for ‘years to come’
• Canary Media: New tax-credit transfer rules could unlock $1T in cleantech investment
• PV-Magazine: Clean energy jobs seeing growth across the U.S.

Opinion

• PV-Tech: Supply crunch and manufacturing capacity will reverse recent US PPA price drop

Best, Yann

Market For Resilience. Grid operators are starting to ponder what the tradeoff for resilience may have to be because urgency without the will to act or create new markets. The issue isn’t just around resilience but also the need for more generation. As I type this, ERCOT just peaked out at 84.9GW of demand. If you recall, it broke the 80GW demand just a few weeks ago. Therein sits the predicament around interconnection queues and robust markets with infrastructure that needs updating. If consumers want and need more energy, that resource must come from somewhere and most likely that somewhere is solar and wind. At the same time the grid needs to enhance its capabilities to manage the ebbs and flows to match generation with demand as well as where the energy needs to flow. These are big problems that can be solved with action and willingness to create markets.

• Bloomberg: Texas Power Prices Surge 6,000% as Grid Calls for Conservation
• Axios: Electricity companies face calamity as climate warms
• Reuters: Analysis – A year on, Europe less fearful of U.S. green subsidies push
• PV-Tech: Origis Energy establishes US$750 million fund to add 2GW of US solar and storage
• Energy Storage News: US reached 5.4GW/15.2GWh of co-located energy storage by end-2022, LBNL says
• Canary Media: Your cheat sheet to the climate law’s consumer incentives
• PV-Magazine: Texas attorney general – Counties cannot block solar development

Opinion

• Utility Dive: Virtual power plants – Resource adequacy without interconnection delays

Best, Yann