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Southern California Edison Inks Another Massive Round of Utility-Scale Battery Contracts

GreenTechMedia

Six months after inking California’s largest single energy storage procurement, utility Southern California Edison has added another three massive utility-scale battery projects to its portfolio—plus a behind-the-meter battery project with Sunrun. gigawatt-hours of energy storage capacity, for August 2021 delivery.

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How energy providers can prepare for summer heat with innovative solutions

Renewable Energy World

Last summer’s record heat waves triggered a surge in power demand that maxed out supplies and led to outages across the West. But rising temperatures from climate change are just one challenge. And the state’s last nuclear power plant and numerous coastal gas power plants are facing retirement. ROOT CAUSES.

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Final Analysis of California’s August Blackouts Yields Few Surprises and a Tight Deadline for Solutions

GreenTechMedia

West pushed electricity demand past available supply, and problems with California’s resource adequacy program and market practices for ensuring adequate grid capacity failed to correct the imbalance. Simply put, the heat waves that blanketed the U.S. 14 and 15 emergencies.

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'Falling like dominos': Renewables records continue to topple across Europe

Business Green

New analysis reveals that on May 24th over half of the continent's power came from renewables, as UK's coal-free run extends beyond 50 days. On a Sunday late last month, 55 per cent of Europe's power was delivered by wind, solar, and hydroelectric sources.

Europe 101
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Generate Capital’s $1B Raise Draws Global Infrastructure Funds to Cleantech

GreenTechMedia

Generate became an early investor in asset classes that conventional lenders shied away from, including fuel cells, anaerobic digesters, behind-the-meter battery storage, electric buses, microgrids and unconventional solar projects. The company said in a statement that it invested $1 billion over the last five years.

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Fuelling the transition: How investors can really move the dial on sustainable energy

Business Green

With the global need for action more pressing than ever, the strategy and conference have called for a complete rebuilding of the energy system, with renewable energy set to play a central role. We're still a long way from securing a sustainable energy system that consistently meets our needs while we make the transition to net zero.

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Winners include manufacturing, up 133% from 2022, and emerging climate technologies that saw a whopping 10x jump to $4.3bn. Energy & industry. Happy Monday!  of dollars put to work.