House’s $1.5 trillion infrastructure bill packed with pro-solar, pro-storage provisions
In addition to making the stand-alone energy storage investment tax credit (ITC) eligible and extending a 30% solar ITC through 2025, the House bill creates a direct pay mechanism that can be used in lieu of the ITC.
Morning Brief: Best Buy’s big solar installation, Massachusetts’ largest landfill project
Also in the brief: SolarEdge is set to launch the company’s newest product, Stem Inc has launched its first solar+storage independent power producer site, PCL Construction Services has begun work on the 20 MW Odom Solar Farm and more.
AES releases massive 1 GW renewable project solicitation
AES has released an RFP for the purchase of up to 1 GW of new renewable projects as part of its partnership with Google. Here’s a breakdown of the technologies and terms the solicitation is seeking.
Global demise of coal-fired generation driven by idle and unprofitable plants
China grapples with overcapacity by slowing coal plant construction while more U.S. plants have closed during the first three years of the Trump administration than in Obama’s two terms.
Morning Brief: SEIA pushes for solar inclusion in infrastructure bill, 5% of global pv projects are nearing inverter end of life
Also in the brief: a letter calling for electric grid infrastructure, transportation and equity and environmental justice has been delivered to key members of the House, Clir Renewables has secured a $1.25 million loan with Silicon Valley Bank, 580 businesses call on congress to include clean energy in a the next stimulus package and more.
First Solar inks massive PPA with Dow Inc.
Dow is now set to purchase 75% of the annual electricity generation at First Solar’s upcoming 200 MW Horizon Solar project in Frio County, Texas, under a 15-year power contract.
Bill Gates leads $10M investment in Quidnet’s long-duration geomechanical pumped storage
The year of living durationally — the holy grail of energy storage has always been low-cost and long-duration. Venture investors have started putting their money into novel, extended-duration storage technologies.
Advocates seek solar on all new houses in ten states
“The most efficient time to install solar panels is when the builders are on the roof in the first place,” said Bronte Payne with Environment America.
Montana’s largest solar project has a power contract
Development of the the 150 MW Cabin Creek solar farm is set to move forward, now that developer Clenera has come to terms on a 15-year contract with Basin Electric Power Cooperative.
Engineering, procurement and construction agreements for utility-scale battery projects
In the second installment of our series addressing best practices, challenges and opportunities in utility-scale battery energy storage systems deployment, we examine engineering, procurement and construction agreements for battery projects.
