The solar power facility signed a 25-year fixed price agreement to sell its electricity at roughly 8.9¢/kWh.
The projects are expected to reduce the city’s fossil fuel use for electricity by more than 80% by 2030.
Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
The 20 MW/80 MWh grid-connected project is owned and operated by Hecate Energy and was built by Mitsubishi Power.
The addition increases the number of BayWa r.e. warehouses from six to 16, and is expected to reduce product delivery times.
The battery features a modular design with pre-integrated segments that contain batteries, thermal management, and safety systems.
DEPCOM Power builds utility-scale solar power plants and manages ongoing operations, maintenance, and refurbishment services.
The new rates, which include minimum monthly bills, non-bypassable charges, and grid access fees for larger systems, will now go before state regulators for approval.
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
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