House’s $1.5 trillion infrastructure bill packed with pro-solar, pro-storage provisions
In addition to making the stand-alone energy storage investment tax credit (ITC) eligible and extending a 30% solar ITC through 2025, the House bill creates a direct pay mechanism that can be used in lieu of the ITC.
Morning Brief: Best Buy’s big solar installation, Massachusetts’ largest landfill project
Also in the brief: SolarEdge is set to launch the company’s newest product, Stem Inc has launched its first solar+storage independent power producer site, PCL Construction Services has begun work on the 20 MW Odom Solar Farm and more.
AES releases massive 1 GW renewable project solicitation
AES has released an RFP for the purchase of up to 1 GW of new renewable projects as part of its partnership with Google. Here’s a breakdown of the technologies and terms the solicitation is seeking.
First Solar inks massive PPA with Dow Inc.
Dow is now set to purchase 75% of the annual electricity generation at First Solar’s upcoming 200 MW Horizon Solar project in Frio County, Texas, under a 15-year power contract.
Montana’s largest solar project has a power contract
Development of the the 150 MW Cabin Creek solar farm is set to move forward, now that developer Clenera has come to terms on a 15-year contract with Basin Electric Power Cooperative.
Energy job moves at Fluence, Avangrid, Sunfolding, Sunrun, juwi, BEI, Energy Foundation, Kanin Energy
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
New York regulators, NYSERDA, release white paper on how to better achieve 70% renewables by 2030
In pursuit of the state’s Climate Leadership and Community Protection Act, the two entities have outlined a plan to rewrite current procurement procedures, expand the role of offshore wind and establish a new tier of eligible generation resources.
Morning Brief: Renewable-energy spending will edge oil and gas for the first time ever in 2021
Also in the brief: Repowering older wind and solar plants is big business and getting bigger, Xcel accelerates $3 billion in spending, particularly on large renewable-energy projects, Highview gets more funding for long-duration energy storage.
Denmark’s CIP reaches first close for $6 billion renewable infrastructure fund, the world’s largest
Investments will include offshore wind, onshore wind, solar PV, transmission, storage, waste-to-energy and biomass assets.
Solar opportunities ‘ignored’ across 100 million acres in the Southwest
The Bureau of Land Management “has ignored most possibilities” for utility-scale solar “on its vast land holdings across the solar-rich Southwest,” says a paper. Renewable energy development accounts for less than 1% of economic activity on BLM lands, while oil and gas account for 70%, according to BLM data.
