The 250 MW/1,000 MWh project will draw and store existing surplus energy during off-peak periods and also provide grid balancing services and reduce the need for renewable curtailment.
ECP earlier invested in Sunnova, and has worked across the fossil and clean energy sectors.
Also on the rise: a report highlights long-duration storage challenges, Canadian Solar to sell shares to fund its energy storage business, a Houston office block will sprout rooftop PV, and an Oregon bill expands EV access.
We are by no means tax pros, but here are three insights to help you see how federal tax credits may benefit your solar project.
A year-over-year decline in EBITDA was due largely to higher general and administrative expenses and lower gross profit due to the impacts of Covid-19-related shutdowns.
Also on the rise: Utah solar plant will supply a new Facebook data center, Talesun will supply bi-facial modules to a Pennsylvania solar project, and Deutsche Bank arranges financing for a 250 MW California solar project.
Also on the rise: Cummins and Iberdrola plan a $60 million green hydrogen plant, natural gas falls to renewables (and coal), and Aurora Solar closes a $250 million financing round.
EY consulting released two reports detailing how “a new era of energy policy” will bring significant renewable investment to the U.S. First quarter results may show what’s in store.
Also on the rise: Supply chain costs hit Maxeon Solar’s Q1 results, Kentucky regulators set a new net metering rate, and Distributed Solar closes financing deal with Bank of America.
The concept of net metering is important to understand as it affects how long your solar project takes to pay for itself, and how your contractor will design your project. Here’s what you need to know.
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