Installations

A year-over-year decline in EBITDA was due largely to higher general and administrative expenses and lower gross profit due to the impacts of Covid-19-related shutdowns.

The installations are expected to reduce the CO2 equivalent of roughly six million pounds of coal burned in their first year, and provide urban heat reduction benefits.

The resources will help the state respond to more extreme weather events and replace generation from 3,700 MW of retiring natural gas plants and 2,200 MW from a retiring nuke.

The 188 MW Fleming County Solar Project represents an exponential increase in solar capacity for the Bluegrass state and is part of a larger portfolio the company is developing for Amazon.

Also on the rise: Utah solar plant will supply a new Facebook data center, Talesun will supply bi-facial modules to a Pennsylvania solar project, and Deutsche Bank arranges financing for a 250 MW California solar project.

The 300 MW Basin Creek Solar Project would be built on ranch land in Butte and would supply energy to an expanding data center.

Both Hawaiian Electric and its regulators expressed frustration over a decision approving an energy storage system that will be critical to retiring a coal-fired power plant by September 2022.

Also on the rise: Cummins and Iberdrola plan a $60 million green hydrogen plant, natural gas falls to renewables (and coal), and Aurora Solar closes a $250 million financing round.

Hecate Energy has a portfolio of renewable projects totaling more than 40 GW. Most of its assets are located in ERCOT, WECC, and PJM.

Berkeley Lab’s Renewables and Wholesale Electricity Prices tool allows users to compare pricing trends across locations, regions, and timeframes, down to the nodal level.