Google has agreed to pay a small startup Holocene Climate $10 million in advance to remove 100,000 metric tons of carbon dioxide from the atmosphere by 2034. Google is getting a bargain price for waiting 10 years – $100 per ton — a price no other direct air capture company can yet match. Holocene gets a huge infusion of cash and a blue-chip customer.
This article explores 3 ways developers can more effectively deploy DG projects in the face of transmission, permitting and supply issues. They discuss standardizing equipment so as to better fit with existing infrastructure, depending on proven components (reputable manufacturers), and optimizing design so the system is more aligned with utility requirements.
Nextracker rolled out NX Foundation Solutions, a suite of products and services that expands the range of soil conditions their products can be installed on. NX Anchor is a foundation system that is compatible with a wider range of soils than before.
US storage deployments rose 62% Q2, their second-best quarter ever, according to the American Clean Power Association’s Q2 2024 market report. It was 2.9 GW of newly installed capacity. The report also talked about 11 GW of new large-scale solar, storage, and wind capacity in the second quarter, up 91% year over year.
Jigar Shah of the DOE says that utilities need to upgrade their approach to meet rising electricity demand like embracing emerging clean energy tech such as advanced grid solutions, nuclear, next-gen geothermal resources and virtual power plants. His brief says utilities have for decades “been using the same playbooks to build centralized generation and associated transmission and distribution to meet long-term demand needs…an old grid operations paradigm needs to be updated.”
The U.S. Solar Market Insight Q3 2024 reports that the industry installed 9.4 GW of new electric generation capacity in Q2 2024. Cause? Federal policies driving manufacturing and deployment growth. Texas continues to be a dominant player, leading with 5.5 GW in the first half of 2024.
Enphase introduced a power control feature that lets customers expand legacy solar and storage systems without triggering a transition to the NEM 3.0 billing system. The video is below.