Damaged but not dead: proposed 500 MW farm in Spotsylvania takes a hit
After having two of the project’s three special-use permit applications be recommended for denial, sPower’s bid for the largest solar project East of the Rocky Mountains is in serious doubt.
pvMB: sPower’s 500 problems, local politics support solar, $5b more for batteries in Georgia, more!
In today’s pv magazine morning brief Brookfield Renewables announces its dividend at just above a quarter a share, the first community (sorta) solar project in Wyoming is complete, Duke Energy’s next round of solar rebates is already largely sold out, and more!
Wind and solar projects pump investment grade portfolio returns
Ullico has purchased part of a 1.3 GW wind+solar portfolio, originally developed and sold by sPower. The transaction, and other optimizations surrounding the portfolio, have increased the return on investment to 13% for one of the investment groups involved.
University of Richmond to match energy usage with solar generation
The newly-announced facility in Spotsylvania County is the first step in a bigger 500 MW project, planned by sPower to be the largest on the East Coast.
If you build it, they will buy it: sPower refinances $499 million of wind and solar
The independent power producer has closed on a $499 million, investment grade, private placement financing representing approximately 650 MW of utility-scale wind and solar power projects.
Solar power by sPower in Spotsylvania signs more contracts
The largest planned solar power plant east of the Rocky Mountains at 500 MW-AC has signed PPAs for all of its planned production with Microsoft, the University of Richmond, and a consortium of businesses including Apple.
Virginia approves largest solar power plant east of the Rockies
Virginia regulators have approved construction of the four part solar power plant, whose output is partially being sold to Microsoft. The 500 MW-AC facility is being developed by sPower.
sPower secures 100 MW solar power PPA with California aggregator
Community choice aggregator CleanPowerSF has signed a 22-year PPA with sPower for a 100 MW project in Lancaster, California. The project is expected to be online in 2019.
JinkoSolar to supply sPower with 1.43 GW of solar panels
The massive deal follows on Jinko’s 2.75 GW supply deal with NextEra, as it deepens its presence in the U.S. market.
sPower, Array Technologies announce multi-gigawatt tracker partnership
Over the next three years, Array expects to supply multiple GWs of trackers to the developer, as its “primary” tracker supplier.
