Recurrent Energy was previously the company’s North American developer, whereas it will now encompass its Global Energy segment.
AEP’s Indiana Michigan Power will purchase power output from Sculpin Solar (180 MWac) in DeKalb County, Ind., under a 30-year PPA. The utility will also acquire 100% of the equity in Lake Trout Solar (245 MWac) in Blackford County, Ind.
The Energy Information Administration said the Inflation Reduction Act may lead to a cumulative 1.4 TW of solar by 2050.
Dominion seeks proposals for utility-scale solar projects greater than 3 MW that are located in Virginia, distributed projects of up to 3 MW, and encourages projects on previously developed sites such as former landfills and brownfields.
Montana, dubbed the Big Sky Country state, ranks 30th in the country based on its abundant hydro and wind resources, but is ranked 44th based on solar energy output.
The trade groups proposed interconnection process improvements including more transparency on available and planned transmission, incorporating best practices of other grid operators, and raising the grid management fee to pay for additional staff.
To address its clean energy goals, Portland General Electric forecasts a significant power capacity of 1.14 GW in summer, 1 GW in winter, and up to 2.5 GW nameplate capacity clean energy assets by 2030.
The utility solar project is slated to reach commercial operations by fall of 2024, and when operational will be owned by the developer, Swift Current Energy.
Also on the rise: Solar project updates in California, Texas, Arkansas, Tennessee. Transferability, or selling tax credits, top of mind at SEIA Finance. And more.
An international group of researchers has calculated the potential for floating solar across the world. The results show a generation potential of 9,434 TWh per year across 114,555 global reservoirs, with 30% of their area covered. The United States leads with 1,911 TWh per year of potential, followed by China at 1,107 TWh per year and Brazil at 865 TWh per year.
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