Also on the rise: Mosaic announces a $1.5 billion loan program for solar and storage, New Jersey levies a fine for damage related to a solar project, and SunPower deleverages its balance sheet.
The project will be the company’s third utility-scale plant to feature its Advanced Compressed Air Energy Storage technology and its second in Canada.
Also on the rise: Hydro-Québec grid gains a BESS, Connecticut announces its 2021 Green Liberty Bond issuance, and two VC pros launch a fund to back cleantech startups.
The utility and its partner, GI Energy, choose customer locations where the utility’s analysis shows the electrical grid needs support.
The companies expect the partnership to spur existing customers to add storage and join a future VPP project.
The deployment will provide peak shaving capability and aim to validate the system’s performance reliability and help determine O&M and life cycle costs.
Solar-plus-storage on residential rooftops pencils out in only a handful of markets. Here’s how the numbers work.
Also on the rise: Aurora notches a design milestone, investment group closes on a portfolio of community solar projects, and iSun expands its utility-scale project market reach.
Also on the rise: SaskPower will build a battery energy storage system, Energize Ventures and CDPQ will invest $125 million in energy transformation tech, and Loanpal securitizes $421 million of residential solar loans.
The 10 MW installation makes the company one of the biggest community solar developers in Massachusetts.
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