Solar PV module manufacturer and energy storage provider Q Cells has unveiled a new financing structure to boost value in C&I and community solar projects. The company announced an investment into a solar + storage portfolio developed by Amped Solutions through its new ‘Grid Equity’ financing structure. Under the framework, Q Cells will provide capital investment in exchange for the rights to future grid services revenue expected to be generated by the portfolio in California. “As part of our growing suite of complete energy solutions, we’re excited to offer our customers and partners investment capital under a new Grid Equity structure,” said Shane Kim, president of Q Cells North America. “We believe it can be a valuable co-development tool to help them boost the economics and bankability of their solar-plus-storage projects.”
French startup Aryballe has rolled out NeOse Advance, a digital olfaction solution that can detect, embed, and recognize various odors. The device can find its application in automotive and consumer industries like food and beverage, appliances, and personal care. The startup has also launched a cloud-enabled software Aryballe Suite that collects data from the device and allows customers to access and customize analysis of odors based on their needs.
Virgin Orbit is one step closer to getting approval to launch satellites from Guam, a US island territory in the Western Pacific.
The Federal Aviation Administration on August 27 released its final environmental assessment that found “no significant impact” for Virgin Orbit to conduct launches using its Boeing 747-400 carrier aircraft and LauncherOne rocket from Andersen Air Force Base in Guam.
William Pomerantz, Vice President of special projects at Virgin Orbit, was quoted saying that the favorable environmental review marks a “significant step towards achieving our launch license for orbital spaceflight from Guam. We’re very grateful to the team at the FAA for the constant dialogue as we have moved through the process.”