In the third in a series on virtual power plants, Jigar Shah discusses the range of possibilities for aggregated, behind-the-meter solar and storage in the United States today.
The 6.8 MW portfolio is comprised of nine different project locations, including an innovative installation on one of the city’s capped landfills.
As energy storage is used for a wider set of services and renewable energy is rapidly deployed, battery use ramps up across the US.
The power company has issued 2022 RFPs for 3 GW of new capacity, while projecting up to 17 GW of new renewable capacity by 2031.
Also on the rise: Three million U.S. jobs are dedicated to decarbonizing energy. War pushes Ukraine to deploy solar. CleanCapital acquires BQ Energy. And more!
The home chosen for the first demonstration system can use its solar system when the sun is shining and the charged battery when it’s not, even when temperatures spike well over 100 F.
Also on the rise: Aerial inspection of solar plants goes mainstream. Faster, lower-cost interconnection by combining ERCOT, MISO, PJM approaches. CleanCapital acquires BQ Energy. And more!
The close includes $58.5 million in Green Loan construction financing and an additional $62.5 million tax equity commitments, with $50 million set to come once the project is operational later this summer.
Jupiter Power’s 200 MW, one-hour storage facility will support the buildout of renewables and grid reliability on the Texas ERCOT grid.
Also on the rise: Single axis trackers on a commercial rooftop increase generation 37%. Tesla Powerwall owners called to take part in the emergency load reduction program pilot. And more.
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