RFP alert: Hawaiian Electric is seeking up to 95 MW of capacity
Storage paired with solar must support the net nameplate capacity for at least four hours and support 365 full charge/discharge cycles each year.
Sunrise brief: Energy storage provider Fluence eyes a $4b IPO valuation
Also on the rise: D.E. Shaw lines up financing for a 149 MW solar project, Sunnova prices its latest securitization, and DOE awards $40 million for solar innovation projects.
Fluence eyes $4 billion valuation in planned IPO
The energy storage provider is a joint venture between Siemens AG and AES Corp., and said it aims to offer 31 million shares priced at between $21 and $24 each.
Leeward Renewable signs PPA for 72 MW solar, 144 MWh storage
The project is Leeward’s fourth PPA serving customers of community choice aggregators in the Kern County area north of Los Angeles.
Sunrise brief: LMI solar adoption could benefit from more targeted marketing
Also on the rise: REV Renewables gains a South Korean investor, Distributed Solar buys a community solar portfolio, and researchers investigate LID triggers in solar cells.
REV Renewables gains backing from South Korean conglomerate
The deal will include a $300 million to $400 million investment to support REV’s portfolio of renewable power and energy storage projects.
Sunrise brief: Customer-sourced power makes it into a utility’s resource plan
Also on the rise: SolRiver Capital buys an Oregon solar development portfolio, Swell Energy expands its distributed power plant model, and a shift in focus is coming to a DOE loan program.
Distributed energy wins a spot in PGE’s resource plan
The Oregon utility said that as much as 25% of peak demand power in 2030 could come from customer-owned solar panels, batteries, and electric vehicles.
Swell Energy targets California county for its latest distributed power plant venture
Swell will use its Distributed Power Plant model to establish up to 45 MWh of behind-the-meter solar powered energy storage for Redwood Coast Energy Authority.
Sunrise brief: Koch JV expands its move into battery energy storage
Also on the rise: SEG Solar expands its module production in Cambodia, Kentucky’s solar pipeline looks impressive, and Summit Ridge starts work on a community solar portfolio.
