Reuters – March 31
President Joe Biden’s vast infrastructure plan includes $174 billion to boost the markets for electric vehicles and billions more for renewable power aimed at weaning the U.S. off of fossil fuels and combating climate change. The $2 trillion plan, which also seeks to invest in traditional projects like roads and bridges, is a centerpiece of the administration’s ambitious agenda to decarbonize the U.S. economy by 2050 and restore the nation’s leadership in addressing global warming. The plan still must be approved by Congress.
Dallas Innovates – April 1
On the heels of Winter Storm Uri, which snowballed into a deep freeze that left millions in Texas without power or running water, Dallas-based Hunt Energy Network has unveiled a new venture that will distribute energy storage assets across the state. Hunt Energy Network will now participate in the energy storage space within the Electric Reliability Council of Texas (ERCOT). The new company—HEN Infrastructure, LLC—aims to develop a portfolio of 500 MW of assets in ERCOT and will install 50 batteries across Texas in the next four years to help surges and to balance power across the grid.
CNET – April 1
Apple is getting more than 110 of its manufacturing partners to move to 100% renewable energy for their Apple production, it said Wednesday. The move is a step in the iPhone maker’s effort to become carbon neutral across its entire business by 2030. The change will cut down carbon emissions by 15 million metric tons each year, which Apple noted is the equivalent of taking more than 3.4 million cars off the road annually.
S&P Global – March 23
The solar industry installed a record 19.2 GW in 2020, leading all technologies in new electric capacity additions, and the sector is on track to more than quadruple in size during the next decade, officials said March 23 during a Solar Energy Industries Association webinar. Wood Mackenzie expects a cumulative 324 GW of solar capacity additions over the next decade, more than three times greater than what has been installed through 2020, according to the quarterly SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market Insight report.