SUSI Partners has purchased a 50% stake in Macquarie Capital’s 63 MW / 340 MWh distributed energy storage portfolio located in Southern California. Included as part of this purchase is the world’s largest virtual power plant.
Ullico has purchased part of a 1.3 GW wind+solar portfolio, originally developed and sold by sPower. The transaction, and other optimizations surrounding the portfolio, have increased the return on investment to 13% for one of the investment groups involved.
Dominion Energy has closed on a private round of bonds whose purpose is to cover the utility’s investments in 20 solar projects totaling 574 MW-AC, all of which hold long term contracts.
Marin Clean Energy, a non-profit community choice aggregation group from California, has received an ‘Investment Grade’ Baa2 rating from Moody’s.
It’s not the next lithium-ion battery breakthrough that’s going to accelerate the energy storage industry. It’s not the next inflated promise from a flow battery startup, compressed-air scheme, solid-state battery research project or energy storage dream funded by Bill Gates.
Shaw Industries, a building products company, is developing an industrial solar project on a steep slope grade at a carpet tile manufacturing facility in Adairsville, Ga. The project incorporates brownfield capping and artificial membrane technologies designed for landfill solar use.
The Public Service Commission of New York State authorized 62 local transmission upgrades to eliminate constraints in delivering renewable energy.
Despite a less than stellar earnings report, First Solar continues to expand with new manufacturing planned along with dedicated R&D facility to increase learning and reduce downtime on commercial production lines.
Also on the rise: Generac to bring EODev hydrogen fuel cell power generators to North America. 50 states of solar incentives: South Carolina. And more.
While costs are everything in the solar industry, sourcing the cheapest O&M contract possible is a dangerous game and such short-sighted sacrifices often end up costing asset owners more in the long run.
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