BayWa r.e. procures credit facility for 2024-26 portfolio
Funding will support BayWa r.e.’s efforts to advance its pipeline of solar, solar-plus-storage (1.1 GW) and storage projects (188 MWh) across five states.
Oregon utility’s IRP calls for 400 MW energy storage development
The 400 MW nameplate capacity projects can provide enough clean power for 260,000 homes at four-hour intervals during peak power usage times such as weeknights from 5 p.m. to 9 p.m.
Sunrise brief: Five state energy leaders describe how IRA incentives are helping their states
Also on the rise: Permitting, grid resiliency and fusion energy are top of mind at BNEF Summit. LG launches U.S. residential energy storage system. And more.
Five state energy leaders describe how IRA incentives are helping their states
Officials from clean energy states discussed how the Inflation Reduction Act is advancing rooftop solar, customer savings, economic development, and grid reliability, and described the extent of community support they see for the clean energy transition.
LG launches U.S. residential energy storage system
The new residential storage system connects two 10-hour batteries or 16-hour Prime battery modules in parallel to offer a capacity of 19.2 kWh to 32 kWh, with a maximum output of 9.6kW from the inverter.
Sunnova doubles customer count in Q1 2023
The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers.
Six Flags announces solar-plus-storage carport at Los Angeles theme park
The solar installation will provide 100% of the electricity consumed by the theme park, offsetting the equivalent demand of nearly 3,000 homes.
Con Edison sustainability report highlights 3 GW of renewables deployments
The utility’s 2022 report highlights milestones the New York company is making to procure distributed solar, storage, energy storage resources, EV charging and heat pumps in the coming decade, as it strives to become fully net zero by 2040.
Sunergy to go public in $475 million valuation SPAC merger
The Florida-based installer of SunPower and Tesla Powerwall systems announced its intent to combine with ESGEN Acquisition Corp., a special purpose acquisition company backed by Energy Spectrum Partners, in a transaction that would result in the combined company becoming a Nasdaq-listed company later this year.
FEMA’s $13 billion for Puerto Rico’s grid could shift to solar if lawsuit succeeds
Rooftop solar plus storage would become the focus of FEMA’s spending to rebuild Puerto Rico’s grid, if a federal court grants the plaintiffs’ requests in a lawsuit, said their lead attorney. Equipping every home in Puerto Rico with 2.7 kW of PV and 12.6 kWh of battery backup is one option recommended by an independent study.
