National Grid divests U.S. renewables business in $1.7 billion deal
Brookfield Asset Management agreed to purchase National Grid’s renewable energy business, including its utility-scale solar, onshore wind and battery-storage U.S. assets.
Massachusetts allows increased demand charges to drive energy storage
The Massachusetts Department of Public Utilities has approved a rate change that allows large electricity customers, specifically large business customers, to pay a transmission coincident peak demand charge instead of a volumetric transmission charge.
Flexible interconnection can generate 176% more revenue for community solar, report finds
A report by the Solar and Storage Industries Institute shows that flexible interconnection, which adjusts solar output based on grid conditions, can offer significant economic benefit to community solar developers.
Solar plan under development for Love Canal chemical site
The New York State Energy Research and Development Authority is developing a plan for solar at the site of one of America’s worst chemical disasters in U.S. history.
Reducing cost of residential solar financing with virtual power plants
Solrite Energy says its new power purchase agreement has more agreeable finance terms due to the ability of distributed solar-plus-storage to make money as part of a virtual power plant.
Sunrise brief: Robots install solar project in Arizona desert
Also on the rise: Solar tax credit transfer market gains momentum. Two corporate giants sign up for power from Texas solar plant. And more.
Two corporate giants sign up for power from Texas solar plant
Fujifilm and Bristol Myers Squibb executed power purchase agreements with National Grid for energy resources from the Blevins Solar Project in Falls County, Texas.
Sunrise brief: U.S. solar market expected to triple in size in five years
Also on the rise: BMW electric vehicle battery supplier breaks ground on 30 GWh factory. Solar development found to not impact biodiversity. And more.
Key Capture installs third New York storage project near Buffalo
The 45.6 MWh project is interconnected into National Grid’s western New York service territory, a region which has seen a surge of distributed energy system deployment activity in recent years due to grid constraints.
Regional Clean Hydrogen Hub applications seeking $7 billion in funds submitted across the U.S.
The DOE’s $7 billion Hydrogen Hub grant program closed its application window on April 7th, after giving encouragement to 33 applications seeking tens of billions in government funding.
