Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
The 20 MW/80 MWh grid-connected project is owned and operated by Hecate Energy and was built by Mitsubishi Power.
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
CSI’s parent Canadian Solar said it has a global battery storage pipeline of 21 GWh, including 2.9 GWh under construction.
Also on the rise: SunPower will market a VPP offering for energy storage customers, and mPrest CEO Andy Bennett talks with pv magazine about the potential for DER under Build Back Better.
The company will manage charging and discharging the batteries, while keeping some electricity in reserve for backup power to the home.
Battery energy storage capacity may be included, and the solar projects must be sited in Oklahoma.
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