The investment marks Greenbacker’s entry into the world of floatovoltaics and will allow Noria Energy to expand its project pipeline
The plans come as part of an 11.5GW clean energy procurement order by the California Public Utilities Commission.
In 2019 the interconnection queue in the US was 139GWac and we were really excited about that much solar, but today it’s 639GWac — a 3X increase. Now that’s a solar tsunami.
Also on the rise: Solar-plus-storage projects in Nevada move forward. Growatt releases lithium-iron phosphate battery for off-grid solar. Zinc-air battery, CHP, and solar to power apartment complex in New York. Solar Decathlon celebrates 20 years of training tomorrow’s clean energy workforce. Louisville startup secures $2 million funding for copper paste that replacessilver in solar panels.
The Iron Point and Hot Pot solar-plus-storage projects will be constructed by Primergy Solar and sold to NV Energy upon completion, under a Build Transfer Agreement.
Also on the rise: Verizon and Leeward Energy sign two PPAs totalling 360 MW. Researchers suggest that six terrawatt hours of energy storage would bring US to net zero. Duke Energy launches grid resilience testing with ‘Bring Your Own Battery’ program.
Part of a larger portfolio that also includes two wind projects, the solar installations have a combined capacity of 360 MW.
Also on the rise: LBNL report looks at increased panel density and electrical generation in utility-scale plants with trackers and fixed racking. Mississippi net metering rules boost low-income incentives. Microgrid on Prince Edward Island moves forward. NREL’s REopt platform helps optimize energy use in buildings. Learn how AI helps find defects in solar panels. CIT arranges $50 million New York community solar investment with Amp Energy. And more.
The loan will be used to expand the company’s solar portfolio through both originated and acquired projects, as well as allow the company to move towards its long-term growth goals, according to Pine Gate.
LBNL researchers have found that since 2011, utility-scale solar facilities have increased panel density by 43-52%, and electricity generation 25-33%, for single axis tracking and fixed racking systems, respectively.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.