Sunrise brief: Silicon Valley Bank reportedly financed 62% of community solar
Also on the rise: Tesla on ramping up its Megapack business. Agrivoltaics market valued at $9.3 billion. And more.
Nine-year old Texas solar farm gets an upgrade
A lot has changed in tracker technology in the past decade, so in upgrading its Alamo plants, OCI Solar Power completely replaced the old tracker with a new state-of-the-art system, all while keeping the plant energized.
Utility completes construction of 250 MW Texas solar project
Grocery store chain Meijer and pharmaceutical company Charles River Laboratories holds virtual PPA’s for 185 MW of Pisgah Ridge Solar’s 250 MW power output, while a third offtaker has never been identified.
Sunnova to deploy solar and storage virtual power plant in Texas
The company will partner with David Energy, a retail energy provider. Virtual power plants enable distributed resources to work in tandem to better respond to electricity grid demand.
Utility to procure U.S.-made trackers for 321 MW Texas solar project
Avangrid signed a $30 million order for Array Technologies trackers at the True North solar facility in Texas, which will include safe harbor inventory and newly purchased DuraTrack trackers by New Mexico-based Array.
Weekly Solar Earnings Recap: Daqo, FTC and First Solar
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported fourth quarter or fiscal year earnings over the last week.
Net-metered industrial solar developer receives equity investment
Austin, Texas-based Industrial Solar was formed in 2021 to install grid-scale solar projects that alleviate high demand charges levied on industrial companies across Texas using a net-metered industrial solar system.
Renewable energy deployment down 16% in 2022
Falling well short of expectations, renewable energy deployment slowed 16% year-over-year, according to an American Clean Power report.
Over 25 GW of solar is actively being constructed in the U.S.
The capacity joins the existing 107 GW of solar on the U.S. grid, signaling that the energy transition is well underway.
Energy justice, LMI solar strike a chord at Intersolar
The energy burden on disadvantaged or low-to-moderate income communities has translated to more than 15% of disadvantaged households’ income devoted to paying for energy each month as the cost for electricity rises, compared to 2 to 3% that average income households typically pay for energy each month.
