The State of Virginia has announced a procurement of 345 MWac of solar power from three solar projects under developing, and one pending, with 20-year power purchase agreements starting at 3.4¢/kWh.
The Spanish company has purchased 3 GW of solar projects and 1 GW of solar + storage from developer Tenaska, with all of the projects concentrated in non-traditional solar markets.
The utility is attempting to set the avoided energy cost rate for solar projects under PURPA at just $16.76/MWh for new generation and $23.46/MWh for queued generation. These are some of the lowest avoided cost rates seen to date.
Cubico has closed on financing for the 162 MW Wagyu project on Texas’ Gulf Coast, which holds both a hedge and a PPA, the latest such project to move forward.
LevelTen Energy’s Q3 PPA Price Index for its online marketplace shows pricing down 5.4% percent over the year, with corporate and utility customers driving demand. The company also reports a slight increase in those who think pricing might fall more next year – with a majority predicting flat or declining prices.
Cypress Creek Renewables has put online the 106 MWdc Palmetto plains solar project, one of several 100 MW or bigger behemoths going up in Orangeburg County.
Massachusetts regulators have opened an investigation into electric utility National Grid’s handling of the SMART solar power program, which has led to 1 GW of projects being put on hold after many of them were given utility approval.
The 121 MWdc Springbok 3 brings the Springbok series to 448 MW, as Capital Dynamics continues its investments in U.S. solar.
The city of Georgetown, Texas is suing a subsidiary of Clearway, over allegations that the company withheld critical project performance details during contract renegotiations for the Buckthorn solar plant in late 2016.
Hello one and all and welcome to this Tuesday’s pvMB. Today we’ve got in front of us a neat solar-powered, three-wheeled EV, Iowa Man yelling at the wind and sun, Duke installing 5 MW battery and more!
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