Also on the rise: Utilities plan a massive solar + storage project in Wisconsin, Fluence supplies an AI-based trading platform for a BESS, and Avangrid wants a partner for an HVDC line in New York State.
The partners said that enabling peer-to-peer microgrid energy trading would allow even remote communities to store and distribute energy without connecting to large-scale power stations or distribution grids.
Also on the rise: Republic says ‘I do’ to Romeo on electric trash trucks, Lux names top 20 startups for 2020, ReneSola raises $250 million, and New Jersey regulators approve an EV infrastructure plan.
The debt will be used to finance commercial and industrial projects and distributed generation assets, and will accommodate multiple tax equity partnerships and structures.
The deal is for 500 MW of bifacial monocrystalline module capacity over the next two years, with an additional volume commitment to be negotiated later.
Also on the rise: Power Sustainable aims $790 million at North American renewables, Macquarie unit invests in energy storage provider esVolta, EDPR buys its way into downstream C&I projects, Pattern Energy funds its Japanese expansion, and KBR signs on to support a hydrogen venture.
The newly combined independent power producer brings to the table a 4.2 GW generation portfolio, including 543 MW of solar.
The company and the county agreed through a virtual power purchase agreement to offtake generation from Dominion Energy’s upcoming 120 MW solar facility in Virginia.
Also on the rise: More BESS is coming to ERCOT, Peck Company acquires iSun Energy, Enphase and Sunnova expand their business ties, and a New York community solar project gets a new owner.
Also on the rise: NPPD shops for 2 million MWh of renewables, JV will fuel ReneSola expansion, Canadian Solar sells a project stake, and natural gas rebounds after a lousy 2020.
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