Long Draw Solar signs 100 MWac at 2.5¢/kWh
Engie has secured a power purchase agreement for 100 MWac of a 255 MW solar plant, with New Braunfels Utilities. The plant is expected to come online in June 2020.
$200 million on the table for 8minutenergy in venture with J.P. Morgan
The solar developer today announced that it has reached a deal with J.P. Morgan and Upper Bay for over $200 million in capital commitments. These funds will go towards financing the development of 8minutenergy’s 10.7 GW project pipeline.
Wall Street staking claim for sustainable finance supremacy
Bloomberg has announced the formation of the U.S. Alliance for Sustainable Finance, a “Who’s Who” of Wall Street capital, aiming to work the the UN FC4S while pushing U.S.-focused clean investments.
All the solar power Insight a heart could DSIRE
The group behind the long term policy tool of choice for many, the DSIRE renewable and efficiency policy database, is now offering biweekly legislative and regulatory tracking, data products, and webinars related to solar energy, grid modernization, and electric vehicles across the USA.
How gold-plating the grid blocks solar: an interview with Vote Solar’s Ed Smeloff
Unnecessary grid investments raise costs for all customers, displace solar and distributed solutions, and could be unfairly charged to solar customers. Vote Solar’s director of grid integration Ed Smeloff shares his insights in this pv magazine interview.
Co-founder and CEO bought out of 8minutenergy
Following the completion of the 328 MW Mount Signal 3 Solar Farm, the development giant announced that it would be parting ways with Co-founder and CEO Martin Hermann, in an unexpected management transition.
“Wall of money” fighting for solar power
Wood Mackenzie notes that new investors and sources of capital are chasing down a limited supply of viable solar projects and sees tightening targets, expanding project appetite, and evolving techniques.
Solar plus geothermal under review in Nevada
The owner of the Tungsten Mountain Geothermal Unit is researching the addition of 18 MW of solar PV to power some, or all, of the site’s parasitic electric load.
Energy storage storm grows in strength
A Wood Mackenzie report shows energy storage deployments tripling on a power basis during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.
Solar and storage groups call for dynamic pricing of electricity in California
Dynamic pricing could advance renewables while cutting both customer costs and system costs, suggests a petition from solar and storage industry participants. They call for a rulemaking process to give all customers the option to choose real-time pricing.
