Iris Solar and the upcoming St. James Solar facility will provide 70 MW of clean energy for 13,000 homes per year.
The microgrid helps the utility achieve goals laid out in the Michigan Department of Environment’s Energy Storage Roadmap to spur installation of 1 GW of energy storage projects by 2025 and 4 GW by 2040.
The solar-plus-storage microgrid is the first project to receive funding from the California Energy Commission’s $140 million Long-Duration Energy Storage Program.
Solar led the way with 6.7 GW installed through nine months this year according to FERC data.
BEP’s three recent corporate acquisitions bring together close to 25 GW of development-stage assets.
The 278 MW Solar PV and 100 MW energy storage system is permitted and licensed for construction.
Also on the rise: American Battery Factory and Anovion form alliance for supply of synthetic graphite. Underground heat exchanger to cool down solar panels . And more.
Utility-scale solar projects used to cost nearly $4,000 per kW to build in 2013. By 2020, they fell to $1,655 per kW.
Solar had its slowest quarter in two years in terms of deployment, hampered by global supply challenges that slowed growth, delayed projects, and drove up prices.
Formed earlier this year by Copenhagen, Denmark-based European Energy, EE North America is developing a 10 GW project portfolio of solar, storage and wind projects in the U.S. through 2026, with Arizona representing 20% of its project pipeline.
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