Dominion plans 16 GW of solar for Virginia by 2035
Under the utility’s latest IRP, Dominion plans to procure 16 GW of solar, 2.7 GW of storage and 5.1 GW of offshore wind in the next 15 years. Kicking off these new plans comes a request for proposals of 1 GW of solar or wind and 250 MW of energy storage.
Investor-owned utilities pay top executives millions — are they worth it?
Energy and Policy Institute has tracked the past three years of CEO compensation at 41 investor-owned utilities across the country. And, while the numbers are eye-popping, a well-paid CEO does not necessarily reflect company success.
Morning Brief: Houston is buying 100% renewable energy, SolRiver Capital has $200 million for solar projects
Also in the brief: Alchemy Renewable Energy has closed on deal to acquire a 44.5 MWdc solar energy portfolio, Ormat Technologies has begun the commercial operation of the Rabbit Hill Battery Energy Storage System, Kansas’ largest solar project ever has officially gone live and more.
Texas could add 3.5 GW of solar this year
Additional solar could help the ERCOT grid region in Texas meet its summer peak, after it faced “tight grid conditions” last summer. New task forces aim to improve ERCOT’s markets for ancillary services and battery storage.
Residential solar asset financing is alive and well as Spruce Finance closes $124 million deal
Residential solar asset owner-operator will use the funds to continue its acquisition spree.
J-Power, a dedicated fossil fuel developer, goes big in solar with 350 MW in ERCOT
The economics of solar project development in Texas are so compelling, even coal and gas giants want a piece of the action.
Trump’s mysterious cybersecurity order bans bulk-generation gear from ‘adversaries’
Although it doesn’t seem to impact solar directly, energy storage might be threatened. “The order leaves more questions than it answers,” according to Norton Rose Fulbright. What is motivating the administration? China? Why now?
Southern California Edison wants its new, huge 770 MW battery storage procurement online fast
In an era of plunging battery costs, these awards point to the end of intermittent renewables and the dawn of dispatchable solar and wind.
Renewable advocates suspicious of FERC’s relationship with anti-net metering group
In response to a petition filed by the New England Ratepayers Association calling on FERC to federally control net metering, The Center for Biological Diversity has filed a Freedom of Information Act request to examine FERC’s relationship with the group and one of its attorneys.
Morning Brief: PG&E customers ready to ride out fire season with batteries, are EVs holding back stationary energy storage systems?
Also in the brief: Chinese EV startup Nio has secured a $1 billion investment, Kore Power has entered into a strategic partnership with ELM FieldSight, Nautilus Solar Energy has closed on a $90 million debt financing agreement and more.
