The International Energy Agency (IEA) is due to release its annual report in a couple of weeks, and the agency has said that it will be “significantly” raising its outlook for solar and wind installations, as more countries have been adopting climate change policies.
This adds to the $14 million the state has supplied to incubators since 2009, assisting 146 companies.
The Public Service Commission wants to figure out how to integrate distributed-energy resources into the grid in a way that keeps electricity distribution affordable, reliable and sustainable for the citizens of its state.
Regulators have approved the utility’s long-term plan, under which Xcel expects to buy power from around 650 MW of community solar by 2021.
The partnership includes three new solar and battery storage projects and comes a day before the dedication of a 150 MW-AC solar project which serves 14 Navy and Marine Corps bases.
Under the terms of the agreement, expected to close in the fourth quarter, Recurrent Energy will lease the land from Landmark for four utility-scale solar PV projects.
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