Despite the pandemic, capital is still pouring into solar.
Also in the brief: Elon Musk on cusp of a $730 million award, the 16 Camilla Solar Plant has reached commercial operation, a project approved in Maine and more.
Lennie Moreno, the CEO of Sofdesk, navigates the new world of selling solar remotely — in our free webinar today.
Under the utility’s latest IRP, Dominion plans to procure 16 GW of solar, 2.7 GW of storage and 5.1 GW of offshore wind in the next 15 years. Kicking off these new plans comes a request for proposals of 1 GW of solar or wind and 250 MW of energy storage.
Also in the brief: Alchemy Renewable Energy has closed on deal to acquire a 44.5 MWdc solar energy portfolio, Ormat Technologies has begun the commercial operation of the Rabbit Hill Battery Energy Storage System, Kansas’ largest solar project ever has officially gone live and more.
Additional solar could help the ERCOT grid region in Texas meet its summer peak, after it faced “tight grid conditions” last summer. New task forces aim to improve ERCOT’s markets for ancillary services and battery storage.
Residential solar asset owner-operator will use the funds to continue its acquisition spree.
The economics of solar project development in Texas are so compelling, even coal and gas giants want a piece of the action.
In an era of plunging battery costs, these awards point to the end of intermittent renewables and the dawn of dispatchable solar and wind.
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
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