RWE Renewables has partnered with Constellation to realize a 200 MW solar facility coupled with an 80 MW/120 MWh battery storage system in Bastrop County, Texas. Constellation, a competitive energy and energy solutions provider, will purchase power and project-specific renewable energy certificates (RECs) equal to a 140 MW section of the total 200 MW capacity […]
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Clearway Energy Inc. is acquiring, for $335 million, the remaining 50% equity interest in a portfolio of Utah-based solar projects that it does not currently own. The portfolio consists of seven utility-scale solar farms located in Utah representing 530 MW of capacity that achieved commercial operations in 2016. The assets within the portfolio sell power […]
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Tigo Energy Inc., a Flex Module Level Power Electronics (MLPE) supplier, has a new offering of the Tigo TS4-A-S rapid shutdown with module level monitoring device for solar modules up to 700 watts. This product release completes the Tigo Energy portfolio of MLPE solutions, which provide installers flexibility and choice to pair with inverters and […]
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iSun Inc., a solar energy and clean mobility infrastructure company, has been awarded a portfolio of projects for engineering, procurement and construction (EPC) services in New Hampshire. iSun estimates that the five-project portfolio will have a combined contract value exceeding $7.2 million, with four projects commencing prior to the end of 2021. “These awards are […]
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American Clean Power Association’s (ACP) Clean Power Quarterly 2021 Q2 Market Report shows that U.S. project developers commissioned 5,620 MW of clean power capacity in the second quarter of 2021, a 13% increase over 2020’s second quarter volume. Additions for the first half of 2021 totaled 9,915 MW, the highest record for new clean power […]
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Natixis has successfully closed two separate financings in support of Project Slate, a solar-plus-storage project being constructed in Kings County, Calif. Project Slate is owned by Goldman Sachs Renewable Power (GSRP), an investment company managed by the Renewable Power business within Goldman Sachs Asset Management. Upon construction completion, Project Slate will have a capacity of […]
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National Grid Electricity System Operator (ESO) has teamed up with Open Climate Fix (OCF) – a nonprofit startup co-founded by former DeepMind researcher Jack Kelly – to use AI to improve the way the grid forecasts solar generation. The new innovation project will see the ESO – which balances Britain’s electricity system second by second […]
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Curtailments of solar-powered electricity generation have increased in the California Independent System Operator (CAISO) region. In 2020, CAISO curtailed 1.5 million MWh of utility-scale solar, or 5% of the state’s utility-scale solar production, according to the U.S. Energy Information Administration. Grid operators curtail electricity production from solar and wind generators when supply exceeds demand. In […]
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VivoPower International PLC has rebranded its U.S. solar development unit, formerly known as Innovative Solar Ventures I LLC, renaming the business Caret LLC. The company has also announced a new Power-to-X strategy for the company in order to maximize value with a view to a future potential exit (previously announced). Caret comprises 12 development stage […]
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National Grid Electricity System Operator (ESO) has teamed up with Open Climate Fix (OCF) – a nonprofit startup co-founded by former DeepMind researcher Jack Kelly – to use AI to improve the way the grid forecasts solar generation. The new innovation project will see the ESO – which balances Britain’s electricity system second by second […]
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Risen Energy has expanded its 10-year renewable power purchase agreement (PPA) for the Merredin Solar Farm from 20 MW to 50 MW of electricity to power BHP’s Nickel West operations. As of August 1, the additional 30 MW has been directed to BHP Nickel West’s Kalgoorlie Smelter and will reduce the smelter’s Scope 2 emissions […]
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More money than ever is being invested in renewables – a record $174 billion in the first half of 2021 – and investment in solar projects is up 9%, at an all-time high of $78.9 billion, according to Bloomberg’s Renewable Energy Investment Tracker. With greater investment comes greater scrutiny and the push for maximum returns. […]
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