The funding commitment comes as Apollo takes a 50% stake in the company from venture capital firm EnCap Energy.
A 2020 bill authorizes electric utilities to own and operate up to 200 MW of renewable energy facilities.
The FERC’s latest data release shows solar led new generating capacity with 8,410 MW added through the first three quarters of 2021.
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: Ohio regulators OK another 600 MW of solar, and a megawatt-scale bifacial solar project enters service near the Arctic Circle.
The Solvest-developed 1.76 MW project will sell power as an IPP for the next 25 years.
The projects include the 275 MW Cadence Solar Energy project, one of the largest projects to be approved for construction in the Buckeye State.
Also on the rise: Consumers Energy will add 400 MW of solar, an agrivoltaics clearinghouse launches to help drive the movement, and John Weaver lays out the case for continued California net metering.
Under the agreements, the utility would own and operate one facility, and buy power from the other two.
Lightsource bp and bp placed orders for around 4.4 GWdc of modules, with options for an additional 1 GWdc.
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