Sunrise brief: EPC contractor buy expands Koch’s solar reach
Also on the rise: Duke agrees to new net metering rates, Ingeteam supplies inverters for BESS project, and Powin launches battery energy storage system.
Wells Fargo provides tax equity financing for solar+storage project
The 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility is being build in northwestern New Mexico.
Koch expands its solar reach with EPC firm acquisition
DEPCOM Power builds utility-scale solar power plants and manages ongoing operations, maintenance, and refurbishment services.
Sunrise brief: ACORE report finds room for improvement in how renewables are valued
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
NextEra Energy sells a stake in a renewable energy portfolio for $849 million
The deal includes long-term O&M agreements for the solar, storage, and wind assets.
Next-generation solar technologies will drive a lower LCOE
FTC Solar’s Chief Technology Officer outlines how large-format, high-wattage modules and autonomous systems can drive down the levelized cost of energy of utility-scale solar power.
CIT Group arranges finance for Texas solar project
The 260 MWdc Brazoria West Solar Project is under construction, with commercial operation planned for 2022.
Sunrise brief: Investors are targeting renewables–and hydrogen–like never before
Also on the rise: Solar capacity additions are recovering from a subdued 2020, utilities ask for 50 MW of solar in West Virginia, and Broad Reach gets a $400 million equity commitment.
Utilities seek OK from West Virginia regulators for five solar projects
A 2020 bill authorizes electric utilities to own and operate up to 200 MW of renewable energy facilities.
Solar capacity additions show a recovery from a subdued 2020
The FERC’s latest data release shows solar led new generating capacity with 8,410 MW added through the first three quarters of 2021.
