The report pegged the cost of adding storage to PV on the order of $700-1,300/kWh of storage capacity and the present-value benefit to the host customer of roughly $500-1,000/kWh.
Made up of distributed residential energy storage, these “plants” stabilize the grid and often end the need for new fossil generation. Tesla customers in California are the latest to join the movement.
A new report argues for the largest solar buildout the country has ever seen, which it said would create 1.77 million jobs and drive $69 billion in energy savings over five years.
The first 259 MW of the embattled project are on-line, with the rest of the capacity expected to follow in the fall.
Around 12% of developers who were surveyed said they were delaying projects, and the firm’s price index ticked up 4.3% during the second quarter.
Trent River Solar is one of the first to be awarded a 20-year PPA through Duke Energy’s Competitive Procurement of Renewable Energy program.
Also on the rise: An AC battery that works without an inverter, Mexico plans a big solar project south of Arizona, and SolarApp+ launches as a one-stop shop for automated permits.
The Mexican authorities are overseeing the development of a $2 billion PV project as part of a modernization plan involving the country’s state-owned utility, CFE.
The 577 MW Fox Squirrel Solar project is unusually large for a facility not located in the Southwest.
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