pvMB 3/19/19 Fisker’s $40k EV, Navisun acquires a 14.3 MW solar portfolio… and more!
Hello and welcome to today’s pvMB. Today we’ll be looking at Tesla extending its offer to acquire Maxwell Technologies, San Francisco potentially taking over PG&E assets, Orgis’ new service branch and everything else you need to know in solar today.
Solar + storage for the first time in Arkansas
A 100 MW project featuring the state’s first large-scale battery storage system has been announced in Arkansas. The project will be developed by a subsidiary of NextEra, and the power bought by Entergy Arkansas.
Financial software integrates distributed storage software
Financial modeling software provider Energy Toolbase will integrate Stem’s energy storage modeling software to help communicate the economic benefits of storage at customer sites.
Corporate buyers of solar electricity face price risk
Corporations that lock in a fixed purchase price for solar power, offset by sale of the power at varying wholesale rates, could face “significant financial downside,” says an advisory group, as more solar on the grid could drive down wholesale prices.
Jacksonville opens the gates to big solar with EDF contracts
JEA has awarded EDF contracts to buy power from five 62 MWdc projects which the developer will build. This will represent 5% of the utility’s power needs.
Wind+solar developer sells pipeline to National Grid for more than $100 million
National Grid has purchased the wind and solar energy developer Geronimo Energy for “at least $100 million”, and is negotiating to buy a 51% stake in 378 MW the group has already developed.
Like peanut butter and jelly, wind+solar in a 1.2 GW deal
NextEra and KKR have partnered on a portfolio of ten operational wind+solar assets, totaling 860 MW of wind and 328 MWac of solar, in a $900 million convertible equity finance deal.
pvMB 2/21/19: 13 bills for renewables in New Mexico, 7X doubles up on moves… and more!
Top of the morning and happy Thursday to you all, welcome to the pv magazine morning brief. Today we’ll be looking at DTE’s issuance of $650 million in Green Bonds, the 20 New England schools participating in the DOE National Science Bowl, Pennsylvania’s community solar bill, high school students raising money for a system on a community center and everything else you need to know about the solar industry today.
Shell moves to acquire Sonnen
In May, oil giant Shell invested in battery maker sonnen. Now the 112-year-old company wants to fully acquire the business.
Cypress Creek to sell 580 MW of projects to British infrastructure company
The five solar projects that are being sold are located in North Carolina, South Carolina and Texas. All five are expected online by the end of 2020.
