Hornsdale and its big Tesla battery exceed expectations as storage revenue surges
The surge in storage revenue due to specific grid conditions in Australia was one of the main factors behind a 61% year-on-year increase in revenues that Neoen saw in the first quarter of the year.
New Columbia Solar closes the biggest-ever tax equity deal for D.C.-based solar
$40 million is coming down the pipeline via an agreement between New Columbia Solar and Franklin Park Infrastructure. The money will not only help New Columbia to expand its team, but also bring 30 MW of distributed solar to the area with the nation’s most aggressive renewable energy standard.
The largest US solar-plus-storage plant will deploy 690 MW of bifacial modules on trackers
The Gemini project will be the largest solar plant in the U.S. and among the top-ten worldwide when completed on BLM land near Las Vegas. We spoke with the project developer to get some details on “one of the purest forms of time shifting you’ll ever see.”
Morning Brief: Spruce Finance acquires Clearway Energy’s residential solar portfolio, GM to go 100% renewable at Spring Hill
Also in the brief: Ginlong Technologies plans to raise over $100 million, the US–China trade war and COVID-19 have massively impacted coal financing, SunPower’s planned split and establishment of Maxeon Solar Technologies has received approval in China and more.
Morning Brief: NYC replaces fossil plants with storage and renewables, solar boom stalls in Texas
Also in the brief: a look at how pv systems relate to bird mortality, Sunverge has been chosen to manage a Maryland virtual power plant, a solar powered water filtration system and more.
Direct cash payments for solar projects floated as a legislative solution
Solar developers, including First Solar, believe that a direct cash payments solution could keep solar projects on track and help developers monetize the ITC in the event that tax equity financing dries up.
Giant 690-MW Gemini solar project near Las Vegas on BLM land gets the go-ahead
Historic, archeological, and environmental issues have been mitigated. About 70 desert tortoises are being relocated during construction — and the project is full-speed ahead for developers Arevia Power and Solar Partners XI.
Morning Brief: Tesla looks to revive solar business with ‘Solar Price Match Guarantee’
Also in the brief: Developers pitch 16 GW of solar in coal-fueled Indiana, solar co-ops launch to help Ohioans go solar, plus green hydrogen as post-pandemic energy choice.
Analysis: California’s report on RPS costs and savings needs an update
A new report from the California PUC documents the uneven workings of the state’s 100% renewable portfolio standard — and the need for better data on cost savings.
The financial and social struggles of getting large solar projects financed
The pre-life of the Spotsylvania solar energy project has been riddled with financial and societal difficulties. As much as these issues have made a quagmire of development, it also provides a case study on the logistics of getting such a large project built.
