The project will be developed by units of NextEra Energy Resources near Cedar Rapids and could enter service in late 2024.
Also on the rise: SEIA urges an end to Section 201 tariffs on solar imports, CATL signs a battery deal with startup EV maker Fisker, and Solar Landscape wins 46 community solar projects in New Jersey.
Given the WRO and the potential anti-circumvention tariff challenges, U.S. module supply risk is material, the analyst firm said in a note to clients.
Researchers concluded that wind and solar generation resources that were sized at 1.5x along with three hours of energy storage would meet all but 200 hours of demand scattered throughout any given year.
Also on the rise: Utilities tap batteries for a growing list of grid services, and Amazon backs a transformer-based EV fast charger startup.
Primergy will operate the facility, which will sell its power to Holy Cross Energy under a 25-year power purchase agreement.
Federal policy must address equipment availability, solar development pathway risk and timing, as well as transmission and distribution interconnection.
The framework includes a 10-year expanded tax credit for utility-scale and residential clean energy, transmission and storage, clean passenger and commercial vehicles, and clean energy manufacturing.
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.
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