Renewable Energy Insights > Troutman Sanders LLP

Category — Technology

SOUTHERN CO. TEAMS WITH TESLA ON POWERWALL

The Atlanta Business Chronicle (5/28, Couret, Subscription Publication, 130K) reports that “at its annual stockholders meeting on Wednesday,” Southern Company reported that it has entered into an agreement with Tesla to “test commercial-scale battery storage.” The article points out in addition to residential solar applications, Tesla’s recently announced Powerwall battery products “also allow owners of commercial buildings to cut down on peak energy use.” In a statement, Southern said, “Bringing together two companies with a shared commitment to innovation, the agreement will provide for the examination of potential applications for the energy storage technology in helping meet customers’ energy needs.”

May 28, 2015   Comments Off

Southern California Edison Enters Into Momentous Energy Storage Agreements

On November 5, 2014, Southern California Edison (“SCE”) announced that it entered into contracts for 2,221 MW of power to satisfy its customers’ demand, including contracts for 262 MW of long-term storage capacity. The energy storage agreements were in response to the California Public Utilities Commission’s (“CPUC”) rulemaking that set energy storage targets for investor-owned utilities in the State of California. [Read more →]

November 13, 2014   Comments Off

Solar financing startup Clean Power Finance raises $37M from Google Ventures, Kleiner

From GigaOM (Apr. 8, 2013 – 8:20 AM PDT) There’s one area of solar that is going gangbusters in 2013, and that’s companies that are financing and installing solar panels on rooftops. On Monday morning solar financing startup Clean Power Finance announced that it has raised a round of $37 million in growth equity from investors including Google Ventures, Kleiner Perkins and Claremont Creek Venture.

Odds are, it’s a pretty safe bet even for the venture capitalists that have been scared off by the lack of consistent returns in cleantech investing. Last year there were a record-breaking 3.3 gigawatts worth of solar panels — or 16 million individual solar panels — installed in the U.S., making solar power the fastest-growing energy source domestically, according to Solar Energy Industries Association and GTM Research.

Click here to read the full article from GigaOM.

 

April 12, 2013   Comments Off

EPA Updates New Source Emission Limits under MATS

On March 29, 2013, the Environmental Protection Agency (“EPA”) issued updates to its emissions limits for new power plants under the mercury and air toxic standards (“MATS”). The less stringent limits are a result of new information and analysis the EPA received during the reconsideration period of MATS. The EPA stated that the revisions should not alter the control technologies that owners and operators must install to comply with MATS.

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April 9, 2013   Comments Off

Solar Trade Group Reports Surge in U.S. Installations

Partly driven by an oversupply of cheaper panels from China, the domestic solar market had its best year in 2012, with the growth in installations outpacing that of the global market, according to an annual report to be released Thursday. [Read more →]

March 20, 2013   Comments Off