Significant solar developments are happening all across the country, with Wisconsin looking to add nearly 200 MW of utility-scale solar and AEP coming to terms on a power contract for a 50 MW project in Ohio.
The utility has announced three new, massive solar projects, set to be developed by subsidiaries of NextEra Energy Resources. With these projects confirmed, the utility has now secured roughly 1.4 GW of the 2.3 GW it is looking to bring on-line to replace its aging coal fleet.
Also in the brief: First Solar to provide 869 MW of Series 6 to Vistra, Solar welcomed in Colorado, eyed with suspicion in Utah.
Bloomberg NEF’s head solar analyst, Jenny Chase is decidedly unimpressed with perovskite, floating solar (solar onna boat) or — as of her latest #unpopularopinions on solar thread on Twitter — agrivoltaics (solar onna field).
New analysis released by Lazard compares the levelized cost of energy for various generation technologies on a $/MWh basis and shows that renewables, specifically utility-scale solar and wind, are the economic frontrunners.
Also in the brief: juwi Shizen Energy constructs 54-MW-solarpark, Boston Solar teams with Generac, Capital Power, Palladium Energy & Renewable Energy Services sign 160MW of PPAs with Duke Energy.
Ho Chi Minh City-based construction company Trungnam Group said its army of laborers took just 45 days to perform site clearance for a project which took shape within 102 days.
Also in the brief: Scatec Solar to buy state-owned hydropower firm SN Power in a $1.17 billion deal, Panasonic Solar and Service Finance Company rolled out a new home energy storage financing program.
IHS Markit: At 10% market share, Swinerton Renewable Energy maintained its position as the preferred EPC contractor in the U.S. First Solar and Cypress Creek intend on exiting the EPC segment, creating opportunities for established local EPCs and the emerging group of international firms eyeing the growing U.S. utility-scale market.
The IPO priced at $22, above the top of the anticipated range of $19 to $21 — valuing the solar firm at about $2.8 billion.
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