Part of a larger portfolio that also includes two wind projects, the solar installations have a combined capacity of 360 MW.
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Philip Shen, managing director, ROTH Capital Partners, hosted top analysts from PV InfoLink to discuss their outlook on pricing, supply, and demand at each step in the solar value chain.
Supply chain disruptions, spiking commodities costs, land use permitting uncertainties, and overwhelmed interconnection queues are driving up PPA costs and making supply scarce, but new buyers could bring innovative solutions to alleviate this stress in 2022.
Three projects are set to be in operation by 2024 and will be owned, operated and maintained by Silicon Ranch.
The utility has released its short-term energy plan, as required by the Virginia Clean Economy Act.
The capacity was awarded under the Illinois Adjustable Block Program, which was approved in September, after months of industry stagnation.
The 350 MW Harvey Solar Project is expected to create between 300 and 400 jobs and generate $3.15 million in property tax revenue for the county.
Nearly 10 GW of new utility-scale solar were added through the first 10 months of 2021, a record amount of capacity additions over that time period.
The project is among the largest ever proposed in Indiana and Hoosier Energy Rural Electric Cooperative has a 20-year contract in place to buy the electricity generated.
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