Constellation will buy 140 MW of the planned 200 MW Big Star Solar Project currently under development near Austin.
By combining Sunverge’s advanced intelligent energy management platform, Wallbox’s bi-directional EV charging stations, and Nissan’s compact EV, the companies plan to enhance distributed energy resource control and load management.
The deal is expected to help NV5 Global expand in clean energy systems, electric vehicle fleets and infrastructure, and asset management.
Also on the rise: Illinois’ solar residential market fell off the roof in Q2, Arizona approves incentives for residential energy storage, and green roofs can improve panel efficiency.
A renewables investment report from BloombergNEF noted record growth for solar projects as wind power investment eased. A 1.8% yoy rate of growth was cause for concern, however.
Regulators also approved expanding the utility’s community solar program and make 10 MW of solar capacity available for subscription.
The partnership is the two companies’ second under Soltage’s Iris capital vehicle, and the two ultimately plan on deploying 450 MW of new distributed solar and storage projects across the United States together.
The two companies have signed on to purchase shares of the energy generated by Lightsource bp’s upcoming 345 MW Ventress Solar project.
Just 313 small rooftop solar projects were completed statewide in Q2 2021, compared to 2,908 a year earlier, as the state remains in a perilous solar incentive limbo.
Also on the rise: Protesters rally to demand TVA reforms, the energy storage market is fully charged for rapid growth, and BlackRock buys a solar developer.
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