The Tom Steyer-backed initiative has turned in more than double the number of signatures needed to get on the ballot, as the state regulatory body pushing a pro-nuclear alternative faces yet another scandal.
The Arizona utility has issued a request for proposals (RFP) for battery projects to allow its utility-scale solar fleet to meet evening demand, as part of a plan to add up to 500 MW of storage over the next 15 years.
Reuters reports that nearly 20% of its installation facilities will close, as part of the company’s 9% workforce reduction announced last week.
Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at 2.49¢/kWh, the lowest confirmed price for a public solar power contract to date. The deal also involves shutting down a coal plant.
Arizona utility Salt River Project has brought together a technological trifecta in its recently commissioned single-axis tracker 20 MW solar plus 10 MW/40 MWh energy storage power plant.
CIT Group and RBC Capital worked together to fund the portfolio of projects spread across six states, with half the capacity in California and Arizona and the other half in the northeast.
The $150/kWh-DC rebate launched with 4,500 spaces on May 1, and is down to 3,400 reservations only a week later.
The Arizona utility has retained the same executives, and acreage-based board seats have been held by incumbents
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