The portfolio, awarded by Xcel Energy, is anticipated to provide access to affordable, clean energy to thousands of households throughout the state.
The 10 MW/40 MWh of energy storage paired with 15 MW of solar will provide electricity to customers connected to the Pine Grove substation in Cicero, NY during periods of peak demand, cutting down on National Grid’s reliance on gas-fired peaker plants.
President Biden’s nomination of the chairman, popular among renewable energy advocates, comes as the commission looks to finalize major reforms to its electric regional transmission planning and cost allocation requirements.
Following a $16.5 million investment, the company is looking to grow its team and product quickly, in what CEO and Founder, Richard Keiser, sees as an inevitably consolidating market.
Both housing developers and underserved communities alike can benefit from increasing public funding opportunities for solar. As interest in projects that address environmental, social and governance (ESG) aspects of investment continues to grow, integrating renewable energy in affordable housing projects can provide significant sustainability benefits to developers, municipalities, and end users.
The program will allow customers to subscribe to an energy share of an existing GMP installation, with time-of-use rates encouraging energy use when the sun is shining.
The project is part of a larger 38 MW portfolio the company is developing across the state.
The pv magazine tour of solar incentives takes us to Vermont, home to aggressive renewable energy mandates and a one of the nation’s most forward-thinking utilities.
Various visions of the disruption that the transition to cleaner, cheaper electricity sources will have on energy markets and supply exist. Critics anticipate expensive chaos, while advocates see a powerful new network emerge. Serial entrepreneur, venture capitalist and energy futurist Bill Nussey has put his thoughts together in a new book, Freeing Energy, and pv magazine’s Tim Sylvia met the author to discuss its findings.
The 2.5 MW installation will help the city towards its goal of eliminating greenhouse emissions in its operations by 2035.
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