The electricity savings could equal the monthly cost of the 25-year loan for a residential solar system.
Both set to clock in at 75 MW, the projects are a part of the utility’s bigger goal of quadrupling the amount of in-service solar on its system over the next four years.
The utility touted its massive Manatee Energy Storage Center and recommitted to a $65 million green hydrogen pilot project that could impact the future of zero-emission power generation.
The project could expand to 150 MW, as part of Solar Alliance Energy’s second venture with Green Data Centers.
Duke along with community and environmental groups find themselves as unlikely allies as state officials deem a 5 MW installation to be expensive and unnecessary.
As much as 70% of losses linked to solar energy systems in the past decade have occurred since 2017. The insurance industry is no longer “naive” to the risk.
The solar installation will use First Solar Series 6 modules and the research facility will return up to $10 million to the university through energy savings and services.
The latest part of the Biden administration’s Build Back Better pledge, the funding will go to grid modernization, carbon removal, renewable energy and energy storage, among other technologies.
Also on the rise: Researchers use AI to model how grid failures cascade in a disaster, VEIR raises capital for its novel transmission line technology, NV Energy issues a community solar RFP, Freedom Solar gains two new partners, and Daqo New Energy signs a polysilicon supply deal.
The retail giant announced three power purchase agreements that will bring it nearly halfway to its goal of sourcing all of its electricity from renewable sources by 2030.
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