With the acquisition of the Titan Solar Project, Longroad enters the CAISO market and expands its California holdings to 340 MW.
Also on the rise: Heat pumps competitive with gas boilers in some markets, says IEA. PV Intel announces Solar Development Training consulting service. And more.
The large brownfield solar project will provide Mount Olive, New Jersey with close to $2.3 million in past tax revenues, while creating a future revenue-generating renewable energy asset.
Solar Proponent and Ideematec are working together with an EPC contractor to finalize the delivery schedules for the first Texas project of approximately 650 MW.
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
The Rabbitbrush Solar Facility includes a 20 MW, 50 MWh battery energy storage system.
Also on the rise: Powin partners with SMA America for 2 GW supply agreement. Corporate solar doubles since 2019, displacing 20.4 million tons of carbon annually. And more.
Canada is set to install 500 MW of new solar in 2022, bringing its total capacity to about 5 GW, according to data from Canmet Energy. The country is expected to hit 35 GW of total solar capacity by 2050.
Companies in the United States are installing solar at unprecedented rates with corporate solar now accounting for 14% of installed capacity.
Also on the rise: Honnold Foundation receives $2 million to bring solar energy to underserved communities. First stop on hydrogen highway. And more.
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