OYA Renewable and Oil Well Shares announced a new joint venture to roll out solar, wind and storage facilities on private land spanning Pennsylvania, Ohio and West Virginia.
Also on the rise: Annual added PV capacity will more than quadruple to 650 GW in 2030, says IEA. Wood Mackenzie acquired by Veritas Capital. And more.
With more than 250 GW of renewables and storage capacity waiting in the PJM interconnection queue, states served by PJM unanimously called for the grid operator to speed up its processing of interconnection requests and its transition to a “cluster study” process.
Also on the rise: A 100% solar community in Florida suffered no power losses from Hurricane Ian. Grid operator MISO is making progress on renewables interconnection. And more.
New Jersey would grant clean energy credits to solar and wind project owners and require the state’s utilities to buy them to meet clean energy targets, under a proposal by New Jersey regulatory staff. Other states could join in the proposed market.
Also on the rise: Aerial inspection of solar plants goes mainstream. Faster, lower-cost interconnection by combining ERCOT, MISO, PJM approaches. CleanCapital acquires BQ Energy. And more!
ERCOT’s approach enables interconnection in 2 to 3 years, whereas recent regional transmission planning by MISO and PJM found cost-saving ways to interconnect 53 GW and 75 GW of renewables respectively, said a Brattle transmission expert.
Three regional grid operators and two utilities have joined the DOE partnership, alongside renewables developers and trade groups, to pursue faster, simpler, and fairer interconnection of renewables and storage, on both the transmission and distribution grids.
To speed interconnection of utility-scale solar and storage, “maybe we want somebody running the show that has more of an interest in getting all these resources in the grid,” said law professor Shelley Welton in a webinar for “100% clean energy states.”
With a backlog of over 1,200 energy projects, the nation’s largest electrical grid operator is proposing a review process that it claims will better prioritize construction-ready projects, and streamline and speed up interconnection as a whole.
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