North America’s most competitive renewable power purchase agreement (PPA) prices rose by 5.9% from 2021 Q3 to 2021 Q4, according to the latest price index series from LevelTen Energy. Prices are trending upward for the third consecutive quarter, according to LevelTen. The market average for solar PPA offers rose 5.7% to $34.25 per MWh, while wind …
Renewable PPA prices continue to climb as supply tightens Read More »
Green Power EMC, the renewable energy supplier for more than three dozen Georgia Electric Membership Corporations, and Silicon Ranch plan to develop 252 MWAC of solar energy capacity to serve 16 subscribing cooperatives across Georgia. The total capacity will be generated from three locations in southern Georgia. Silicon Ranch is funding the three utility-scale solar facilities and …
Silicon Ranch plans 252 MW solar portfolio for Georgia co-ops Read More »
Pine Gate Renewables said that Fundamental Renewables will provide a $500 million credit facility to Pine Gate to fund the initial construction and development of utility-scale solar projects. The facility provides Asheville, North Carolina-based Pine Gate with additional capital to develop and build a range of solar and storage projects across the country. Pine Gate …
Pine Gate inks $500m credit facility to fuel solar and storage project growth Read More »
Clarion Energy announced today three new additions to the already acclaimed media content team. David Wagman, Kevin Clark, and John Engel are joining the team to continue to effectively meet the needs of our global customers through a wide range of media outlets. David Wagman joins as the Vice President of Content, managing strategy and direction …
By Mike Caitlin, Associated Press TRENTON, N.J. (AP) — The federal government will lease an area larger than half the size of Rhode Island off New Jersey’s and New York’s coasts for wind power development, the first offshore lease in the Biden Administration, Interior Secretary Deb Haaland announced January 12. The Bureau of Ocean Energy …
Federal lease offer could spur up to 7 GW of offshore wind Read More »
Lightsource bp said it closed on a $533 million multi-project financing package and started construction on its 345 MW Ventress Solar project some 30 miles northwest of Baton Rouge in Pointe Coupee Parish, Louisiana. Lightsource bp will build, own and operate the facility and sell the energy to McDonald’s Corp. and eBay Inc. under long-term …
Lightsource bp lines up financing for 480 MW of solar capacity Read More »
Salt River Project is partnering with a NextEra Energy unit to add a 100 MW battery to its existing 100 MW solar plant, Saint Solar. The battery, expected to be operational in mid-2023, will provide four hours of capacity. Saint Solar, located in Coolidge, Arizona, is owned and operated by a unit of NextEra Energy. …
Salt River Project, NextEra partner to add energy storage at solar plant Read More »
Tesla’s Elon Musk and solar evangelist Bill Walton called on California officials to reject proposed changes to the state’s residential solar rooftop rules. Not mincing words, Musk called the proposal a “bizarre anti-environment move” by state regulators. Tesla launched a web page for customers to use to voice their opposition to the plan to Governor …
Investment platform Lafayette Square and renewable energy developer Invenergy launched Reactivate, a community solar energy platform to support renewable energy development in local communities. The partners will provide capital, technical assistance, and executives to build and operate Reactivate. The company expects to finance, acquire, develop, and operate solar energy projects primarily serving low-to-moderate income (LMI) communities and …
Invenergy launches community solar venture for LMI segment Read More »
Concept drawing of an energy storage system. Battery storage is having its moment in the sun. In its most recent Electricity Monthly Update, the U.S. Energy Information Administration said that when it totals up the numbers for 2021, it expects they will show that battery storage capacity grew by 4.5 GW, or 300%, in the …
10 notable battery storage projects that went live in 2021 Read More »
