Sunrise brief: Minnesota voting on 100% clean electricity, 10% solar by 2030
Also on the rise: Retired coal sites to host multi-day iron-air batteries. Wyoming 900 MW pumped storage project moves toward licensing. And more.
Wisconsin solar developer looks to expand to Chicago
SunVest expects to double its 2025 pipeline to 3 GW from its current 1.5 GW threshold, with an expectation of 215 MW of operating assets by year end 2023.
US renewable PPA price hikes cool off as material costs fall
An Edison Energy report shows prices increased more moderately (4%) in Q4 2022, as compared to the steep price hikes experienced since 2021.
Minnesota voting on 100% clean electricity today
The state’s new legislative body, now fully Democratic, is quickly moving bill HB7 through the legislature. The House is scheduled to vote on the bill today.
Cabot to invest in component for manufacturing lithium-ion batteries
The company plans to invest approximately $200 million in U.S. conductive carbon additives over the next five years, with plans to add 15,000 metric tons of capacity in Texas to meet needs of electric vehicle lithium-ion battery applications.
Wyoming 900 MW pumped storage project moves toward licensing
Developer rPlus Hydro submits application for a final license to Federal Energy Regulatory Commission for Seminoe project, a milestone reached only a few pumped storage projects in the last 20 years.
Retired coal sites to host multi-day iron-air batteries
Two renewable energy storing 10 MW / 1,000 MWh batteries will be installed by Form Energy on former Xcel Energy coal fired plants.
OYA Renewables’ projects selected in N.Y. underserved community program
The solar developer has received more than $4.3 million in support from NYSERDA through the state’s NY-Sun program, which is helping make solar more accessible to families, businesses and communities across the New York.
Puerto Rico could approach 40% renewables by 2025
Rapidly deploying 5.2 GW of planned solar and storage in Puerto Rico to reach 36% renewables, a possibility raised in a report by six national laboratories, would require an improvement in the Puerto Rico utility’s practices, which involve delays at several steps of the procurement process.
Largest rooftop terminal solar array designed for JFK airport
The 7.66 MW of solar, 4 MWh batteries microgrid is the first fully resilient airport array that can function offgrid. The planned upgrade is part of a new JFK terminal said to be valued at $9.5 billion–what would be the largest global project financing transaction on record.
