Austin, Texas-based Industrial Solar was formed in 2021 to install grid-scale solar projects that alleviate high demand charges levied on industrial companies across Texas using a net-metered industrial solar system.
Also on the rise: Rapidly growing U.S. microgrid market achieves 10 GW in 2022. ERCOT advanced 15 GW of solar in 2022, moving 5x faster than other RTOs/ISOs. And more.
Texas grid operator ERCOT advanced interconnection requests for 15 GW of solar projects last year, with three other grid operators advancing 9 GW. CAISO completed phase 1 studies for a large cluster of projects, while PJM and ISO-NE stayed mum on their progress.
The Inflation Reduction Act of 2022 is not an eat-all-you-can feast for developers.
Also on the rise: DOE announces $750 million in funding to advance clean hydrogen technologies. Tigo Energy acquires predictive data analytics company FSIGHT. And more.
In PJM, AEP is seeking solar and wind PPA proposals from 10 to 15 years, while in Texas it’s seeking solar REP agreements of 12 years or less.
Regis Energy Partners and Excelsior Energy Capital announced four standalone energy storage projects each with a capacity of 9.9 MW to kick off the portfolio.
The project will be installed by Industrial Sun in an area with little land suitable for development.
To cost-effectively reach a high level of renewable generation, additional transmission will be needed to connect the wind belt in the central U.S. to eastern grids, according to early results from a Department of Energy study.
The 1-hour power dispatch from Byrd Ranch battery energy storage system will help manage stress and volatility on the ERCOT grid.
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