The River Fork solar project has a 20-year PPA for 100 MW with Consumers Energy and a 25-year PPA for 49 MW with DTE Energy.
More than $200 million in equipment will be sold as Tesla plans to ramp up and expand operations at a Buffalo manufacturing facility.
The Energy Department announced nearly $40 million in funding for projects aimed at increasing the lifespan, reliability, and industrial use of solar.
The project is Leeward’s fourth PPA serving customers of community choice aggregators in the Kern County area north of Los Angeles.
The facility is expected to produce 110 million kg of green hydrogen annually and store more than 70 million kg in underground salt caverns.
The solar energy will be generated from Vesper’s 500 MW Hornet Solar project in west Texas.
PPA prices have been rising steadily since the end of last year and, according to solar developers, interconnection delays, permitting challenges, and supply chain constraints are likely to keep them high.
We need multiple strategies to ensure Hispanic and other minority communities benefit from and are involved in shaping how energy is built and used.
The deal will include a $300 million to $400 million investment to support REV’s portfolio of renewable power and energy storage projects.
Heliogen’s technology is a modular concentrated solar energy system that will use computer vision software to align mirrors to reflect sunlight to a single target on the top of a solar tower.
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