Largest rooftop terminal solar array designed for JFK airport
The 7.66 MW of solar, 4 MWh batteries microgrid is the first fully resilient airport array that can function offgrid. The planned upgrade is part of a new JFK terminal said to be valued at $9.5 billion–what would be the largest global project financing transaction on record.
Hecate Energy arranges landmark $550 million debt facility
The financing with ten commercial banks is funding a vast multi-year pipeline of 35 GW solar and storage assets.
Solar total installed capacity to grow 84% in two years
Solar and wind generation are expected to reach 16% of the grid’s supply this year, doubling the 2018 total, said the Energy Information Administration. By 2024, renewables will account for more than one quarter of electricity generation in the U.S.
Enlight Renewable Energy to go public on Nasdaq exchange
Enlight is a renewable energy developer based in Israel that has an active operational portfolio and development pipeline of 17 GW solar and wind farms plus 15.3 GWh of storage in nine countries, including 17 U.S. states.
Sunrise brief: New York grid operator advances 3 GW of solar, storage projects
Also on the rise: Accelerating community solar in underrepresented communities. Soiling – a multibillion-dollar issue for the solar industry. And more.
Upswing in PJM interconnection costs amid energy transition, report says
Huge growth in interconnection requests along with lengthy reviews and high project withdrawal rates motivated PJM to create a “first-ready, first-served” approach in 2022, Berkeley Lab notes.
Longroad Energy begins construction of its largest solar-plus-storage project
Sun Streams 3, a 285 MWdc solar plus 215 MWac / 860 MWh storage project located in Maricopa County, Arizona is expected to begin commercial operation in 2024.
Coram Energy to deploy 646 MWh ABC batteries in southern California
Coram Energy, a historic developer of the Tehachapi Wind farms, will deploy 646 MWh of batteries in its two first southern California storage projects.
500 MW compressed air energy storage project in California secures offtaker
Under a 25-year agreement valued at nearly $1 billion, a California community choice aggregator will purchase 200 MW of 8-hour energy storage from Hydrostor’s planned 500 MW facility.
Sunrise brief: Duke Energy carbon plan sells ratepayers short
Also on the rise: Mexico could reach its goal of 35% clean electricity by 2024. Trina Solar’s new 6.5 GW Vietnam wafer plant to exclusively supply U.S. market. And more.
