House Bill 589, which overhauls the regulations surrounding utility procurement from independent power producers, passed in the wee hours this morning and heads to Gov. Roy Cooper for his signature.
The power giant’s plans to buy the project from Cypress Creek add to its utility arm’s ambition to sign contracts with 950 MW of solar projects in the state by 2021.
The projects are expected to begin construction in May 2017, as Duke chafes under the growing PURPA pipeline in the state.
SEPA’s annual utility list shows utilities in North Carolina, Iowa and Utah among the top 3 in its lists for solar installed on an absolute and per-customer basis. The organization also published new lists of the top utilities for storage deployment.
With the help of CIT Group, the China-based company hopes to kickstart its U.S. solar portfolio with this first infusion of cash.
The full release of the latest U.S. Solar Market Insight report gives a number of surprises, including Utah and Georgia rising to the #2 and #3 largest state markets with over 1 GW installed each.
The power company has proposed a number of severe changes to the policy, including limiting contracts to projects 1 MW or smaller and allowing prices to change every two years.
The provider of residential solar loans joins forces with Route 66 Ventures to grow its product portfolio, improve its operations center and expand its partner network.
The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.
New Jersey-based utility Public Service Electric and Gas Company (PSE&G) is branching out its solar acquisition portfolio, by acquiring two utility-scale PV plants from BayWa r.e. in North Carolina, through its subsidiary PSEG Solar Source.
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