Analysis by Rystad Energy said that commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancelation of some projects.
Also on the rise: Energy Vault notches a win for its gravity based energy storage system, and Greenbacker names an EPC for two utility-scale solar projects.
Both projects have long-term PPAs in place with local utilities and are slated to start construction later in 2021.
The new rates will help to support the expansion of two of the utility’s prominent solar programs, 30-by-30 and the SolarTogether community solar initiative.
Also on the rise: Facebook signs a PPA for 160 MW in Virginia, and the solar sector provided jobs to 231,000 in the U.S. in 2020.
Also on the rise: Ohio officials approve more utility-scale solar, SCE will add 2,150 MWh of energy storage, and large format modules are headed for standardization in a move driven by a Chinese trade group.
The deal includes more than 800 MW of solar and solar+storage in four states.
Clearview Solar I and Ross County Solar are the state’s latest utility-scale project approvals with more expected.
Adding batteries to solar increases revenue in different ways in different places.
The company said it has lined up financing and started work on the 70 MW Stanly Solar project.
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