Arche Solar is the first of BP’s fully-owned solar projects to begin construction, while previous projects were developed by 50:50 joint venture Lightsource BP.
Also on the rise: 7x Energy sells a Texas solar project to a unit of a Korean power company, and it was eight years in the making, but a $740 million transmission upgrade in Southern California may now pave the way for gigawatts of new renewables and storage.
Also on the rise: a report highlights long-duration storage challenges, Canadian Solar to sell shares to fund its energy storage business, a Houston office block will sprout rooftop PV, and an Oregon bill expands EV access.
The project’s capacity represents more than a fifth of the state’s entire installed solar base. The new capacity could enter service in late 2022.
Tests by 7X Energy show that ground cover material showed promise, but projects will likely still need to prove the long-term durability, degradation rates, and validation of installation labor and O&M.
Also in the brief: Senators optimistic that a bipartisan energy bill could be passed this year, CESA released a study that found a need for up 55 GW of long duration energy storage in California by 2045.
Executive, career and boardroom moves in solar, storage, cleantech, utilities and energy VC.
The company has purchased enough inverters to ensure that more than 2 GW of projects will qualify for the full 30% Federal Investment Tax Credit, becoming at least the second company to make such a move in this week alone.
The 690 MWdc Taygete solar project has secured an off-taker for its second phase, opening the doors for construction to begin on one of the biggest solar plants seen in the United States to date.
Top of the morning and happy Thursday to you all, welcome to the pv magazine morning brief. Today we’ll be looking at DTE’s issuance of $650 million in Green Bonds, the 20 New England schools participating in the DOE National Science Bowl, Pennsylvania’s community solar bill, high school students raising money for a system on a community center and everything else you need to know about the solar industry today.
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