Leeward Renewable Energy closes financing for Rabbitbrush Solar + Storage Project
The close includes $58.5 million in Green Loan construction financing and an additional $62.5 million tax equity commitments, with $50 million set to come once the project is operational later this summer.
Sunrise brief: It takes more than recycling to establish a circular economy for solar and batteries
Also on the rise: California moves a step closer to opt-in dynamic pricing to help balance renewables. Community solar leader New York State gets another 25.4 MW across five projects. And more.
California moves a step closer to opt-in dynamic pricing to help balance renewables
Opt-in dynamic pricing of electricity, which could help balance renewable generation while lowering electric bills for participants and non-participants alike, is now on deck for a California decision.
Sunrise brief: Groundbreaking ruling in California simplifies grid connection process for distributed solar and storage
Also on the rise: Single axis trackers on a commercial rooftop increase generation 37%. Tesla Powerwall owners called to take part in the emergency load reduction program pilot. And more.
Pacific Gas & Electric calls for participation in Tesla virtual power plant pilot
California residents who own a Tesla Powerwall can take part in the emergency load reduction program pilot, which could become the largest distributed battery resource in the world.
California ruling simplifies grid connection process for distributed solar and storage
A groundbreaking rule by the California Public Utilities Commission will streamline the interconnection process for distributed energy resources.
Environmental group calls on PG&E to design grid around distributed rooftop solar
California utility Pacific Gas and Electric can save billions of dollars for its ratepayers while supporting the environment with a distributed solar strategy, said Environmental Working Group.
$27 million in land lease payments for two solar facilities on public land
The Bureau of Land Management has approved a 50-year “right of way” request for 465 MW of solar power in Southern California.
Longroad Energy makes strategic investment in distributed solar developer
The utility-scale solar developer announced a strategic investment in Valta Energy, a California-based distributed generation developer, owner and operator with a 200 MW solar project pipeline.
Electric vehicle battery capable of 98% charge in less than ten minutes
Enovix also demonstrated its US-made silicon anode lithium-ion batteries can charge 0% to 80% in five minutes.
