The program will allow customers to subscribe to blocks of energy generated by nearly 750 MW of new planned capacity in sunshine state. And while Duke has not yet called the program community solar, some partners have, which could prove to be a dangerous misnomer.
In a busy week of renewable purchases for the banking giant, Bank of America has come to terms with Duke on a power contract for a 25 MW project in North Carolina, set to go on-line in 2022.
Also in the brief: battery energy storage is getting cheaper, but how much deployment is too much? GCube Insurance is issuing a renewed warning to renewable energy asset owners about cyberattacks, REC Group’s flagship REC Alpha solar panel has won the Intersolar Award 2020 for photovoltaics, and more.
Also in the brief: Bank of America signs its first PPA, CS Energy has completed a 33 MW portfolio of solar projects in Texas, RP Construction Services and RECON partner to build tracker projects and more
Also in the brief: Project development galore from EDF, Pine Gate, Silver Creek, Idemitsu, and Origis Energy.
Executive moves in solar, storage, cleantech, utilities and energy VC
“Reports indicate that the Taxpayers Protection Alliance, the Heartland Institute and NERA all have ties to the Koch brothers, who have funded climate denial and pro-fossil fuel campaigns for roughly three decades.”
A roundup of recent funding in renewable energy and cleantech: Quidnet, DroneBase, Eos Energy, Urjanet, and Clir Renewables.
New research from Wood Mackenzie shows that overall system costs for installations using mono PERC modules are set to fall by as much as 20% by 2025.
South Carolina is set to surpass North Carolina in solar watts per customer. Georgia and Florida will exceed the Southeast average, while utilities in Tennessee, Alabama and Mississippi will continue to lag. Overall the states will reach 5% solar generation by 2023.
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