The Canada-based renewable energy developer will use the funds to support four solar-plus-storage projects in Massachusetts.
The company’s second major project news of the fall also marks its entry into the US solar market.
The 230 MW Georgetown Solar Project is under development by Westbridge Energy Corp., and is expected to start construction as early as August 2022.
Also starting up: Edgehog secures funding for its self-cleaning, anti-reflective glass; and Maana Electric looks to the Moon for its shipping container-sized PV module factories.
The pumped hydro project aims in part to reduce the amount of electricity that is exported from Ontario to several U.S. states at a loss.
The project in Western Australia is expected to cut emissions at the nickel production facility by 12%, reduce fuel costs, and improve electricity supply reliability with the addition of the battery storage system.
The two companies will work together to deliver a safe, sustainable, and cost-effective lithium-ion battery recycling solution for end-of-life energy storage systems.
The 250 MW/1,000 MWh project will draw and store existing surplus energy during off-peak periods and also provide grid balancing services and reduce the need for renewable curtailment.
The announcement highlights Polar’s history of excelling in extreme weather and on difficult terrain.
The three 35 MW projects have to be designed to fit environmental challenges, including hurricane-force winds.
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