The project will be built on 640 acres of public land in a zone designated for solar energy, and is expected to be online by the end of 2020.
Ares Management LP’s energy and infrastructure fund has announced a plan to acquire a majority stake in Conti Solar, a solar power developer and EPC which has built 500 MW of solar projects.
Rocky Mountain Power’s 20 year Integrated Resource Plan has been accepted by Idaho regulators. The plan calls for more wind and solar, greater efficiency, and very little net demand growth.
An analysis submitted to Maryland regulators found that distributed solar’s economic benefits – mostly labor associated revenue – was worth six times the value of the electricity to the grid.
Google, Johnson & Johnson, Target and Walmart have signed up to buy electricity from solar through the utility’s new program for large consumers. NextEra and Origis will build and own the projects which supply the program.
Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
Technology multinational Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
At 200 MW the project is not only by far the largest in the state, but would increase Indiana’s current cumulative solar capacity by more than 70%.
The 28 MW-DC plant is part of an upcoming commercial and industrial solar program – Solar Solect – being offered by local power company Avista Utilities. The state expects to triple total solar capacity by the end of 2020.
FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.
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