SolarCity Lands Huge Military Housing Solar Roof Deal
SolarCity has made headlines for its unique business model. The company’s focus is on residential and commercial solar roof installation, and has spread its influence across the U.S. with great success. SolarCity has now received a $344 million loan guarantee from the U.S. Department of Energy to outfit military housing rooftops with solar panels.
The loan guarantee will see SolarCity partnering with military housing developers to install up to 160,000 solar rooftops, with an estimated 371 megawatts of generating capacity. That will effectively double the amount of installed solar rooftop power in the U.S., with 166,000 solar roof installations total reported in Q1 2011 by GTM Research.
The project is being carried out in partnership with Bank of America Merrill Lynch, SolarCity, and USRG Renewable Finance—a subsidiary of U.S. Renewables Group—who will serve as the lead lender.
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"This will be the first time that long-term debt has been successfully deployed to finance a residential distributed generation project at such a large scale," according to Ed Feo, Managing Partner of USRG Renewable Finance.
Lyndon Rive, SolarCity’s CEO, said, “Now the solar industry has a debt model that can make distributed generation affordable on a massive scale."
The program is being called “SolarStrong,” an obvious play on the Army slogan: “Army Strong.”
Sakuu Corporation creates 3D printer for EV batteries
Sakuu Corporation has announced a new industrial-grade 3D printer for e-mobility batteries which it claims will unlock the mainstream adoption of electric vehicles.
Offering an industrial scale ‘local’ battery production capability, Sakuu believes the technology will provide increased manufacturer and consumer confidence. Sakuu’s Alpha Platform for its initial hardware offering will be available in Q4.
Backed by Japanese automotive parts supplier to major OEMs, Musashi Seimitsu, Sakuu is set to enable fast and high-volume production of 3D printed solid-state batteries (SSBs) that, compared with lithium-ion batteries, have the same capacity yet are half the size and almost a third lighter.
The company’s KeraCel-branded SSBs will also use around 30%-50% fewer materials – which can be sourced locally – to achieve the same energy levels as lithium-ion options, significantly reducing production costs. Sakuu anticipates the 3D printer’s attributes being easily transferable to a host of different applications in other industry sectors.
"For the e-mobility markets specifically, we believe this to be a landmark achievement, and one that could transform consumer adoption of electric vehicles,” said Robert Bagheri, Founder, CEO and chairman, Sakuu Corporation. “SSBs are a holy grail technology, but they are both very difficult and expensive to make. By harnessing the flexibility and efficiency-enhancing capabilities of our unique and scalable AM process, we’re enabling battery manufacturers and EV companies to overcome these fundamental pain points."
The ability to provide on-demand, localised production will create more efficient manufacturing operations and shorter supply chains, he added.
Sakuu will initially focus on the two-, three- and smaller four-wheel electric vehicle market for whom the company’s SSB proposition delivers an obvious and desirable combination of small form factor, low weight and improved capacity benefits. The agility of Sakuu’s AM process also means that customers can easily switch production to different battery types and sizes, as necessary, for example to achieve double the energy in the same space or the same energy in half the space.
Beyond energy storage, Sakuu’s development of print capability opens complex end device markets previously closed off to current 3D printing platforms. These include active components like sensors and electric motors for aerospace and automotive; power banks and heatsinks for consumer electronics; PH, temperature and pressure sensors within IoT; and pathogen detectors and microfluidic devices for medical, to name a few.
"As a cheaper, faster, local, customisable and more sustainable method of producing SSBs – which as a product deliver much higher performance attributes than currently available alternatives – the potential of our new platform offers tremendous opportunities to users within energy, as well as a multitude of other markets," said Bagheri.
Ongoing research and new funding collaborations
Omega Seiki, a part of Anglian Omega Group of companies, has partnered with New York-based company C4V to introduce SSBs for EVs and the renewable sector in India. As part of an MoU, the two companies are also looking at the manufacturing of SSBs in the country, according to reports.
Solid Power, which produces solid-state batteries for electric vehicles, recently announced a $130 million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. Ford and the BMW Group have also expanded existing joint development agreements with Solid Power to secure all solid-state batteries for future EVs. Solid Power plans to begin producing automotive-scale batteries on the company's pilot production line in early 2022.
"Solid-state battery technology is important to the future of electric vehicles, and that's why we're investing directly," said Ted Miller, Ford's manager of Electrification Subsystems and Power Supply Research. "By simplifying the design of solid-state versus lithium-ion batteries, we'll be able to increase vehicle range, improve interior space and cargo volume, deliver lower costs and better value for customers and more efficiently integrate this kind of solid-state battery cell technology into existing lithium-ion cell production processes."
A subsidiary of Vingroup, Vietnam’s largest private company, Vinfast has signed an MoU with SSB manufacturer ProLogium - which picked up a bronze award at the recent Edison Awards - to accelerate commercialisation of batteries for EVs (click here).
Xin Li, Associate Professor of Materials Science, Harvard John A. Paulson School of Engineering and Applied Sciences, is designing an SSB for ultra-high performance EV applications. The ultimate goal is to design a battery "that outperforms internal combustion engines so electrical vehicles accelerate the transition from fossil-fuel-based energy to renewable energy," according to The Harvard Gazette.
The dramatic increase in EV numbers means that the potential battery market is huge. McKinsey projects that by 2040 battery demand from EVs produced in Europe will reach a total of 1,200GWh per year, which is enough for 80 gigafactories with an average capacity of 15GWh per year.