Storage, digital solutions, and the company’s distributed generation services platform will be key to its long-term growth, CEO Tom Werner said in an earnings call.
The university claimed the project will be the largest state-owned solar array and will help save $217,000 annually.
In a wide-ranging interview, Ross Hopper discussed supply chain challenges, the hope for federal policy certainty, workforce diversity, and the need to act “with boldness and vision.”
The power purchase agreement is expected to save the school district more than $3 million over 20 years.
The shift in strategy means the bank will move away from using RECs as its primary tool to meet its renewable energy goals.
Also on the rise: EDF Renewables brings two solar projects online, one with storage; and solar investor Magic Johnson teams up with Allstate.
Tests by 7X Energy show that ground cover material showed promise, but projects will likely still need to prove the long-term durability, degradation rates, and validation of installation labor and O&M.
The developer said this latest investment capitalizes on the accelerating growth in the commercial and industrial solar market.
The regular cleaning of solar modules results is optimized power output and protects installations against costly failures. There are multiple approaches to module cleaning, both low-and-high tech. Pol Duthoit from SolarCleano sets out the need and the options.
The proposed legislation is vague, but the state’s utility regulators would be tasked with creating a new program that would be “fair” to all ratepayers.
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