The 70 MWh energy storage system accompanying a 19 MW solar project is one of the largest batteries to be deployed in the United States, and is coming in at under 11 cents per kilowatt-hour.
Despite an earlier compromise, the controversial customer charges to pay for the utility’s $13 billion Power/Forward program have been rejected, and an increase on fixed charges for Duke customers will be limited to $14 per month.
Reuters reports that nearly 20% of its installation facilities will close, as part of the company’s 9% workforce reduction announced last week.
The predicted fall in global PV module prices appears to have already begun, with PV Insights and EnergyTrend reporting average prices in the $0.27-$0.37 cent per watt range.
A group pushing the measure got more than double the number of signatures needed to bring the renewable energy mandate increase directly to the state’s voters on November 6.
In the wake of the Section 201 tariffs, the United States is seeing a minor renaissance in solar module manufacturing. However, in terms of why this is happening, the tariffs are only one part of a more complicated story.
The Southern developer has signed a deal to sell power to Green Power EMC from another 194 MW-AC of solar projects which it is building in the state.
The sale brings in $240 million for First Solar and $360 million for SunPower, as both companies re-focus on manufacturing. Capital Dynamics now owns the yieldco.
Day one of ACORE’s REFF Wall Street conference shows U.S. renewable energy finance in a healthy state, despite policy headwinds from the Trump Administration. But in the longer term, things get hot and crowded.
The state will allow projects up to 7.5 MW to participate in the C&I portion of the program, as well as including “adders” for brownfield, landfill, low-income and parking canopy installations.
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