One installer said the ruling would extend payback periods to as long as 25 years and effectively dry up new business in southwest Indiana.
The bank is the fourth major corporate buyer to enter the program, with a contract for 58 MW of the Blackburn Solar Project.
The deployment will provide peak shaving capability and aim to validate the system’s performance reliability and help determine O&M and life cycle costs.
The PV solar resource at the 2,000-acre site ranges means the 200 MW project is expected to generate 537.30 GWh of electricity in its first year of operation.
Also on the rise: Navajo Nation leaders vote to advance a 200 MW solar project, Greenbacker buys a development pipeline, Intersolar NA reschedules its live event, and a report says that flow batteries could use a jump start from DOE.
Power quality issues emerge in terms of voltage swags, swells, flickers, and harmonic distortions, among other things. Many utilities said they are not happy with their ability to gather useful data to address the problems.
In the second installment of this series, pv magazine talks with Michael Kolodner of Marsh to learn about the evolution of hail risk management and how insuring a solar project is about more than just the policy.
The $180 million project would spread across two counties just southwest of Indianapolis.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The 200 MW facility will be built and owned by 174 Power Global at a site in Colorado.
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