Also on the rise: Mindful action is needed to increase Hispanic participation in solar, and a Hy Stor venture is the latest to join the growing list of hydrogen projects in the Gulf States.
The solar energy will be generated from Vesper’s 500 MW Hornet Solar project in west Texas.
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.
The deal will include a $300 million to $400 million investment to support REV’s portfolio of renewable power and energy storage projects.
Six of the projects are set to be constructed in New York, while another three will be in Maryland.
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.
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 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.
The utility-scale and community solar projects, developed by Sulus Solar, are expected to have a combined 38 MW of capacity.
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.
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