The report raised concerns over future pricing stability and product availability as demand for battery products increases.
The project combines solar and energy storage technologies and will be located near Phoenix.
The solar array will contribute up to 35 MW to the grid and store up to 240 MWh for dispatch during evening peak demand.
The solar project Caracoli was secured in a public auction, and the power will be sold via a 15-year power purchase agreement.
Also on the rise: Alliant Energy outlines its solar plans for Iowa, ENGIE NA scraps a solar+storage project, and distributed solar company Navisun has a new owner.
The company blamed interconnection costs along with global supply chain and production issues, and tariff and trade disputes.
Researchers concluded that wind and solar generation resources that were sized at 1.5x along with three hours of energy storage would meet all but 200 hours of demand scattered throughout any given year.
The deal includes more than 800 MW of solar and solar+storage in four states.
Adding batteries to solar increases revenue in different ways in different places.
The project is Leeward’s fourth PPA serving customers of community choice aggregators in the Kern County area north of Los Angeles.
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