Long Duration Dollars. The former head of energy storage at Tesla, Mateo Jaramillo, leads an energy startup focused on long-duration energy storage to create ‘caseload’ renewables. Form Energy nabbed a new $40million in venture funding in their series B to bring that technology closer to market. Investors include Capricorn, Breakthrough Energy Ventures and Macquarie. Joining the board is clean energy pro, Michael Skelly.
G7 No Show. Yesterday the G7 met to discuss climate change and one chair was notably (embarrassingly) empty. If you guessed that Trump was absent as the group talked about clean energy and a burning Amazon, you would be correct. I get that there is a political separation from the issue, but are we so far removed from this that our Country can’t represent its point of view on the topic at a global leadership event?
Yang Gang Goes Green. Andrew Yang has released his climate plan that is somewhere in the top 5 when measured by total cost, yes this is a rating right now. It is in 3rd place and exceeds Governor Inslee’s plan in terms of federal investment. This is directly related to the activism by voters and the leadership of the Inslee campaign.
Getting Paid. In case you were wondering or worried, solar power plants are getting paid for generation by PG&E. In a public release, Topaz Solar Farm announced that it had received monies for July’s generation in August. I would like to know if the amount due just prior to the bankruptcy is still held up in the process or if it has been released by the administrator.
- Greentech Media: Form Energy Raises $40M Series B for Super-Long-Duration Grid Storage
- Think Progress: Trump skips G7 climate meeting as the Amazon burns
- Vox: Andrew Yang’s plan to tackle climate change, explained
- Axios: Toxic ash at risk of spreading as Trump’s EPA seeks to dismantle protections
- Olean Times Herald: Topaz Solar Farms Receives August Payment From PG&E
- Yale Climate Connections: An introduction to the state of solar power in the U.S.
- Bloomberg: Sometimes, a Greener Grid Means a 40,000% Spike in Power Prices
- Utility Dive: PG&E may answer the billion-dollar grid modernization question
Opinion
Have a great day!
Yann
The post This is your SolarWakeup for August 27th, 2019 appeared first on SolarWakeup.com.
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