esVolta secures $110 million for 300 MWh battery project in California
The energy storage facility in San Jose will provide resource adequacy support to Pacific Gas & Electric.
Transferability, or selling tax credits, top of mind at SEIA Finance
One provision awaiting clarity to proceed is transferability, or the sale of tax credits. This week at the SEIA Finance, Tax and Buyers Seminar, guidance surrounding transferability was the most anticipated topic of discussion for the near-capacity conference audience.
Morning Brief: Texas solar hits a turning point, new round of coal plant retirements
Also in the brief: Recurrent Energy has begun construction on the 144 MW Pflugerville solar project, Ion Energy chosen by EsVolta to improve the operational efficiency of its utility scale battery energy storage
Morning Brief: 215 MW Fresno County project using First Solar Series 6 panels starts construction
Also in the brief: High albedo ground cover for bifacial installations, Peak Clean Energy sells its solar development pipeline to hep global.
Energy storage projects reach ‘investment-grade’ with esVolta’s $140 million debt facility
It’s not the next lithium-ion battery breakthrough that’s going to accelerate the energy storage industry. It’s not the next inflated promise from a flow battery startup, compressed-air scheme, solid-state battery research project or energy storage dream funded by Bill Gates.
Morning Brief: D.E. Shaw buys Rancho Seco Solar II, DTE Energy must procure renewables
Also in the brief: CVE finances a 31.3 MW SMART portfolio, SolarEdge adds Karamba Security software to inverters, CIT leads $140 million financing for esVolta and more.
Bankrupt PG&E trading time for solar and storage discounts
Pacific Gas and Electric Company has requested that its bankruptcy court judge approve a 10% and 11% reduction on five contracts for solar and storage projects under development, in exchange for extensions ranging from 12 to 24 months to deliver working projects.
345 MWh energy storage investment seen as a low risk growth strategy
Southern Company has partnered with esVolta in development of four energy storage projects totaling more than 86 MW / 345 MWh located in California.
esVolta scores another win with 38.5 MWh SCE battery contract
The energy storage developer and battery IPP is on a roll, with four projects in Southern California following on a mammoth 300 MWh contract in Silicon Valley.
