The power giant’s money needs include funds to complete the troubled Vogtle nuclear project, and is looking to sell a 1/3 share in up to 1.7 GW of solar assets that it owns.
The company also announced its next-generation NGT solar cells have entered the certification process, with planned production to begin in the third quarter next year.
The nation’s largest residential PV installer deployed only 109 MW of solar during Q3, its lowest level in many years, but it did install 110 MWh of battery storage.
After providing Canadian rooftop solar specialist Potentia Renewables with $83 million in May, Canada’s second-largest public pension fund has now agreed to finance U.S. solar installer Sunrun with $40 million.
The three projects are located in California and Nevada, and are owned by Capital Dynamics.
The Property Assessed Clean Energy (PACE) provider insists it is financially sound and that the restructuring is designed to ensure “our operation is running as efficiently as possible”.
NCCETC’s latest report on grid modernization shows that policies supporting the deployment of energy storage are on the rise throughout the United States.
Scientists at the U.S. Department of Energy’s Lawrence Berkeley National Laboratory have made progress with cathodes made from ‘disordered’ materials, a technology which could greatly increase the storage capacity of lithium batteries.
Oregon showed the largest increase in permits issues, while Vermont’s permits cratered. Compared to 2016’s Q3, the 17 states surveyed by OhmHome issued 11% fewer permits.
The Virginia power company expects to put 288 MW-DC online by the end of the year, to add to the 169 MW that it has already installed in 2017.
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