Texas

Another hedged solar project moves forward in Texas

Cubico has closed on financing for the 162 MW Wagyu project on Texas’ Gulf Coast, which holds both a hedge and a PPA, the latest such project to move forward.

Texas city suing Clearway to escape solar contract

The city of Georgetown, Texas is suing a subsidiary of Clearway, over allegations that the company withheld critical project performance details during contract renegotiations for the Buckthorn solar plant in late 2016.

Beyond the PPA

Contract lengths are getting shorter and hedges are replacing PPAs in the Texas solar market. Are we headed toward a future of merchant solar?

Google takes the first step towards its 5 GW goal

Google and Hecate Energy have announced a deal for Google to purchase 250 MW annually from a 500 MW Hecate project in Texas, the first development in the company’s recently-announced plan to add 1.6 GW of wind and solar.

Solar (and wind) help to keep the AC on in Texas

A recent report by the state’s grid operator shows that solar and wind helped to meet peak demand on days of peak power demand in August, including the scorching afternoon that set a new all-time record.

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Microsoft buys more solar from ENGIE, Lightsource raises $140 million in U.S. solar funding: pvMB 9/26/19

Hello once again friends and welcome to the pvMB. Today we’ll be looking at Amp reaching a GWh in in large-scale solar+storage projects, SmartFlower debuting SmartFlower +, ABB debuting the Universal 10/4 Residential Storage System and more!

sPower’s new 80 MW Utah installation, Solar Frontier acquires 50.5 MW project from Coldwell: pvMB 9/25/19

Hello everybody and welcome to you Hump Day pvMB. Today we’ll be checking out the solar system donated to Bamberger Ranch, Energport beginning work on a 72 MW, 72 MWh battery system, First Solar’s 20th anniversary and more!

Honda signs major Texas solar purchase deal, ENGIE North America acquires Massachusetts solar + storage portfolio: pvMB 9/24/19

Hello everyone and welcome to the pvMB. Today we’ve got ahead of us Complete Solar raising $9 million in funding, Standard Solar acquiring some School District projects, 174 Power Global Acquiring OnForce Solar and more!

Texas moves closer to merchant solar power

Intersect Power has gone live with news that the company has 1.7 GWdc ready for construction in Texas and California, including one project which holds a hedge, but not a power purchase agreement.

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Duke buys a 226 MW solar farm in Texas, QuickBOLT is hiring: pvMB 9/16/19

Hello and welcome to the first MB of your workweek. Today we’ll be checking out APS’ 150 MW RFP, Jaime Lannister joining Fisker and more!

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