Scientists in California have modeled a solar-heavy/wind power electricity grid, without nationwide HVDC, that could reliably deliver 80% of U.S. electricity needs. 100% of needs would require 3 weeks of energy storage.
Generation from U.S. solar increased 41% last year to 1.9% of all electricity, with solar making up more than 10% of generation in California, Nevada, Hawaii and Vermont.
The yieldco has refinanced a 9.75% debt package due in 2022 into a 6.125% debt package due in 2026. The financing covers various portions of just over 1GW of solar, wind and hydro projects.
WePower is raising money in hopes of leveraging Bitcoin’s ‘blockchain’ technology to enable instant tracking and trading of clean electricity.
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