A 5 MW community solar installation brings an average $14 million of economic activity into the local community and supports 100 jobs, according to a report by the Coalition for Community Solar Access.
The legislation aims to limit the growth of energy storage in a state where a booming renewable market is lowering the need for natural-gas peaker plants.
The portfolio includes three solar projects and an energy storage project across the ERCOT and Miso regions.
The Hornet Solar project is projected to monetize more than $500 million in Inflation Reduction Act production tax credits across the next decade.
The 200 MWh Fort Duncan energy storage project currently under construction is expected to be operational by summer 2025 in ERCOT territory.
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage expands, and lower natural gas prices stabilize major markets in the U.S.
A report from GridBeyond examines how regulations and solar resources drive prices.
In what appears to be the world’s largest project of the kind, Element Energy’s 53 MWh storage project – consisting of repurposed EV batteries – is now operating in West Central Texas.
Texas is quickly adding solar, wind and storage to its grid by using a relatively simple interconnection process, and now 24 industry participants have expressed support for the use of a similarly streamlined process across the nation.
Strata Clean Energy has secured a deal for its 100 MW/400 MWh White Tank battery energy storage system (BESS), in Arizona, and Energy Vault is planning a 57 MW/114 MWh BESS in Texas.
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