An investment firm owned by the family behind Lego has bought a majority stake in solar asset owner Enerparc’s U.S. business. Enerparc’s management team will maintain a minority interest.
Hello and welcome to your Hump Day pvMB. Today we’ll be looking at the solar “Squid Boat” taking Key West by storm, Badger State Solar Park getting a power contract, Hanwha Q CELLS LA Dodgers partnership and everything else you need to stay informed.
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.
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 modeling software provider Energy Toolbase will integrate Stem’s energy storage modeling software to help communicate the economic benefits of storage at customer sites.
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.
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.
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.
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.
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.
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