The utility has brought four 74.5MW solar plants online. FPL now owns 930MW of solar generation resources.
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.
According to The Brattle Group, at least half of the total value of this growth would be achievable in wholesale electricity markets, with the remainder accruing at the distribution grid and customer level.
The company’s 28 MW PV plant will be paired with a 20 MW/100 MWh battery system, and will push the island to meeting more than 1/3 of electric demand with solar.
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
The program is now taking applications for $750,000 in tax credits to support energy storage systems added to existing renewable energy systems, with $225,000 reserved for residential solar customers and $525,000 reserved for commercial taxpayers.
The Arizona-based module manufacturer will install a 50 MW battery system charged by a 65 MW solar farm under a 15-year power contract with the state’s largest utility.
With only 87 MW deployed, Tesla/SolarCity may no longer be the largest distributed solar company in the United States, but its energy storage business is growing.
The California-headquartered microinverter specialist announces private equity offering of 9,523,809 shares that have been sold to Chilean entrepreneur Isidoro Quiroga.
Last year, the number of solar+storage permits granted by Honolulu city and county increased to 731, a startling increase from the 40 the city granted in 2016.
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