Scout Clean Energy acquires utility-scale solar project in Illinois
The acquisition of the $400m Blue Sky Project follows closely on the heels of Scout’s announced purchase of a 112 MW solar project in Missouri.
Sunverge to develop residential virtual power plant in Maryland
The 0.55 MW/2.2 MWh Elk Neck Battery Storage Pilot Program is intended to demonstrate the utility of distributed energy resources under real-world market conditions.
Competitive Power Ventures acquires 460 MW solar portfolio
Purchased from developer Belltown Power, the two projects are located in Illinois and Kentucky.
RFP alert: AEP unit wants renewable resources and BESS for PJM region
The business unit is seeking renewable energy purchase agreements of up to 15 years for solar, wind, and BESS that begin operation starting in 2022.
Supply chain issues are driving solar prices higher and delaying some projects, LevelTen says
Around 12% of developers who were surveyed said they were delaying projects, and the firm’s price index ticked up 4.3% during the second quarter.
Virtual power plant project gets underway in Maryland demonstration
The 0.55 MW / 2.2 MWh capacity Elk Neck Battery Storage Pilot Program won regulatory approval even though its cost-benefit outlook left multiple parties questioning its value.
Renewable energy growth is being slowed by current transmission planning, ACORE study says
The report warns that because of long lead times, the window “may be closing” on transmission upgrades needed to support a range of renewable energy goals.
Interconnection queues across the US are loaded with gigawatts of solar, wind and storage
Texas and California lead the green grid trend, with PJM not far behind. ERCOT has 75 GW of solar in its interconnection queue — but how fast clean energy can displace natural gas and coal remains a key issue.
Renewable energy and the free market economy
How the heavy-handed federal government is straying from its free market ideals and slowing down the renewable energy industry. Take FERC’s recent mandated Minimum Offer Price Rule (MOPR) in the PJM market, for example.
The solar industry and consumers both lose with federal ‘MOPR’ rule
Electricity consumers would pay at least $1.1 billion more per year in the 13-state PJM grid region, says a new report, while 8.5 GW of capacity sales from new solar developments would be excluded from the capacity market, and corporate solar purchase agreements could cost 50% more — if courts uphold a federal regulation known as “MOPR.”
