The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
Albuquerque-based Rio Grande Renewables has complete what is being call the largest microgrid in Central America, a 276 kW/500 kW PV+storage project in Alajuela, Costa Rica.
The aggressive goals filed last week builds on an April plan include expanded rooftop solar growth and additional utility-scale solar expansion. If HECO’s projections are accurate, it will be generating 100% its electricity from renewable sources five years earlier than originally planned.
Three solar projects at 74.5 MW-AC each will replace a 250 MW coal-fired power plant which the utility plans to shut down.
Sammons Renewable Energy led the equity portion of the $241 million cash equity transaction, which closed last week.
More than 1,800 residential customers and 125 business customers have taken advantage of the utility’s Solar Rebate Program to reduce solar installation costs significantly.
The deal, financed by Investec and Silicon Valley Bank, will be fund more systems around the country for the residential solar financier.
In contrast to phony allegations of a cost shift, Public Utilities Commission of Nevada found that net metered-solar is saving other customers money.
When the 16.5 MW system is completed, Fort Dix will become the latest military base to show its commitment to energy security through solar energy.
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