Novonix will acquire an approximately 5% stake in KORE Power and will become the exclusive supplier of graphite anode materials to Kore Power’s large-scale battery cell manufacturing facility in the US.
The 69MW/552MWh lithium-ion battery storage resource will be developed by REV Renewables near Rosamond, in Kern County, California.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The investment marks Greenbacker’s entry into the world of floatovoltaics and will allow Noria Energy to expand its project pipeline
The Iron Point and Hot Pot solar-plus-storage projects will be constructed by Primergy Solar and sold to NV Energy upon completion, under a Build Transfer Agreement.
Part of a larger portfolio that also includes two wind projects, the solar installations have a combined capacity of 360 MW.
Under the new rules, all public utility customers are eligible for a $3,000.00 upfront cash rebate for any 3 kW-6 kW that is used, at least in part, for self-supply, while all customers at or below 250% of the federal poverty line can receive a 2 cent/kWh adder to their net metering rate.
The loan will be used to expand the company’s solar portfolio through both originated and acquired projects, as well as allow the company to move towards its long-term growth goals, according to Pine Gate.
Lawrence Berkeley National Laboratory’s most recent report, Advancing Equity in Utility Regulation, tackles the idea that that utilities, regulators, and stakeholders need to prioritize energy equity in the deployment of clean energy technologies and resources.
Reactivate will also look to bring small-scale utility solar projects, energy storage, building electrification, and electric vehicle charging infrastructure to underserved communities, creating jobs for disadvantaged and transitioning energy workers along the way.
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