AEP’s Indiana Michigan Power will purchase power output from Sculpin Solar (180 MWac) in DeKalb County, Ind., under a 30-year PPA. The utility will also acquire 100% of the equity in Lake Trout Solar (245 MWac) in Blackford County, Ind.
Falling well short of expectations, renewable energy deployment slowed 16% year-over-year, according to an American Clean Power report.
Duke’s five-year capital plan of $65 billion is focused on energy transition investments, which it says is a considerable increase over previous budgets, while its current budget removes almost $3 billion of capital it would have invested into the utility solar and distributed generation business.
Also on the rise: 50 states of solar incentives–Indiana. Solar may cover the world’s electricity demand with 0.3% of its land area. And more.
The Hoosier State has a prohibitive residential PV market with net metering recently phased out, while its utility market enjoys 878.8 MW of new projects.
Huge growth in interconnection requests along with lengthy reviews and high project withdrawal rates motivated PJM to create a “first-ready, first-served” approach in 2022, Berkeley Lab notes.
Rust Belt states of the Midwest have estimated production capacity of 30 GW to over 100 GW per year of EV batteries, with California and Ontario adding capacity as well.
In PJM, AEP is seeking solar and wind PPA proposals from 10 to 15 years, while in Texas it’s seeking solar REP agreements of 12 years or less.
JUA Technologies has developed PV-powered crop dehydration products that don’t require electricity, oil and gas fuel.
Also on the rise: The day Indiana rooftop solar died. Is hydrogen about to have its solar moment? And more.
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