Sunrise brief: Solar wins big as new transmission projects advance
Also on the rise: Community solar developers merge, Summit Ridge completes a big rooftop community solar project, and CIT Group refinances a 20-project solar portfolio.
CIT Group lines up refinancing for 130 MW solar portfolio
The deal follows an earlier $210 million financing package for a 260 MW Texas solar project.
Hydrostor plans another compressed air energy storage project
Paperwork was filed with the California Energy Commission to develop the project for installation in Kern County, California, a hotbed for solar and energy storage projects.
Dispute settlement allows Hawaii solar project to advance
The solar power facility signed a 25-year fixed price agreement to sell its electricity at roughly 8.9¢/kWh.
Transmission project approvals will boost renewable energy delivery to NYC
The projects are expected to reduce the city’s fossil fuel use for electricity by more than 80% by 2030.
Sunrise brief: EPC contractor buy expands Koch’s solar reach
Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
Wells Fargo provides tax equity financing for solar+storage project
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
Koch expands its solar reach with EPC firm acquisition
DEPCOM Power builds utility-scale solar power plants and manages ongoing operations, maintenance, and refurbishment services.
Sunrise brief: ACORE report finds room for improvement in how renewables are valued
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
NextEra Energy sells a stake in a renewable energy portfolio for $849 million
The deal includes long-term O&M agreements for the solar, storage, and wind assets.
