Three Rhode Island utilities collaborate on solar contract: For the first time ever, all three of Rhode Island’s electric utilities, National Grid, Pascoag Utility District and Block Island Utility District have agreed to split the generation from a solar power purchase contract. The contract is for the energy generated by a 50 MW solar plant set to be developed at a gravel mine near Hartford, Connecticut. The 20-year contract comes in at a fixed price of 5.3¢/kWh. Source: Rhode Island Office of Energy Resources
Utah battery incentive program proposed: A bill has been introduced in the Utah state senate, sponsored by Sen. Lincoln Fillmore (R), which would create a $5 million grant fund from which individuals could secure up to $7,500 and business owners up to $100,000 in offsets for the purchase of a battery storage system that is fed by renewable energy. This is the second such effort headed by Sen. Fillmore, with the prior failing to get a vote on the House floor in 2019. Source: Deseret News
True Green Capital Management closes financing for 70 MW New York community solar portfolio: “True Green Capital Management today announced that its has closed on $42.8 million in debt financing and $41.1 million in tax equity financing supporting NY Solar Farms, a 70 megawatt community solar portfolio located in central and northeastern New York State. The solar portfolio – one of the largest of its type comprising 10 projects across six different sites – is owned by TGC’s third fund. Combined, TGC’s funds have approximately 400 megawatts of solar projects operating and over 200 megawatts under construction or development, including an additional 80 megawatts of NY community solar projects.” Source: True Green Capital Management
Connecticut regulators decide to be honest: “After months of standing their ground, Connecticut regulators have relented and agreed to limit private communications between themselves and interested parties in a proceeding that will serve as the basis for a comprehensive study of the “value of solar.” Environmental groups have called for such a study for years, but regulators announced last August that they were waiving the usual prohibition on what’s known as ex parte communications in the matter — essentially allowing communications between themselves and interested parties to take place outside of public view.” The full article is available here, a great read and a win for transparency. Source: Energy News Network
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.