This latest acquisition from NextGrid brings Renewable Properties’ Maine portfolio to over 42 MW now in various stages of operation, construction, and development.
With the acquisition of the Titan Solar Project, Longroad enters the CAISO market and expands its California holdings to 340 MW.
Despite higher earnings in Q3, the company lowered its Q4 22 guidance to $44 million to $49 million, compared to the consensus of $73 million, reflecting recent acquisitions of European assets taken on its balance sheet.
With initial output anticipated in late 2024, production at the KOREPlex gigafactory in Arizona is expected to double to 12 GWh of lithium-ion battery cells produced to meet expected market demand in energy storage and electric mobility applications.
Powin is expected to install battery systems over the next few years with SMA’s power inverters and other solutions.
Also on the rise: PEG racking system survives near-direct 120 mph hurricane hit in Cuba. EIA study finds high solar penetration states showed resiliency to major power outages. And more.
The commercial and industrial PV developer grew its portfolio over the last quarter by acquiring a 100 MW portfolio of assets in 5 states.
BEP’s three recent corporate acquisitions bring together close to 25 GW of development-stage assets.
Also on the rise: The world’s largest single-phase battery is now online. RFP Alert: Pennsylvania utilities to procure up to 20 MW of solar. And more.
The power generated by the two ground-mount projects will be subscribed through the state’s virtual net metering program.
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