The financing includes $188 million in non-recourse construction debt and $31 million in letters of credit.
The solar array will contribute up to 35 MW to the grid and store up to 240 MWh for dispatch during evening peak demand.
Also on the rise: NREL points to energy efficiency as a good substitute for energy storage, and a salary survey finds a widening pay gap between women and men in the solar sector.
Utility-scale solar–both thin-film and crystalline silicon–as well as wind have the lowest LCOE of all U.S. sources considered.
Reducing building energy usage by about 60% is key to a least-cost 100% renewable energy grid, the study found.
Also on the rise: LONGi says that modules were detained by U.S. Customs agents, Salt River Project rolls out a new Solar Choice program, and a standalone storage project is headed to Utah.
The 0.125 MW/0.5 MWh solution will provide demand charge reduction, backup power to critical loads, and supply additional grid services to the city of Logan, Utah.
Also on the rise: Alliant Energy outlines its solar plans for Iowa, ENGIE NA scraps a solar+storage project, and distributed solar company Navisun has a new owner.
The company blamed interconnection costs along with global supply chain and production issues, and tariff and trade disputes.
Researchers concluded that wind and solar generation resources that were sized at 1.5x along with three hours of energy storage would meet all but 200 hours of demand scattered throughout any given year.
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