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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Trina Solar‘s State Key Laboratory of PV Science and Technology (SKL PVST) says its proprietary industrial larger-area 210 mm × 210 mm high-efficiency PERC solar cell in mass production has achieved an efficiency of 23.56%. This sets a new record for 210 P-type monocrystalline silicon PERC cells. The record was independently confirmed by the third-party […]
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GameChange BOS’ Grab-Tite above-ground cable management system is now available for purchase. The product line allows solar electrical installers, developers and asset owners to work with one company group, GameChange BOS and its GameChange Solar parent, for trackers and fixed-tilt racking solutions, as well as their cable management needs. The new system was designed with […]
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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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NEXT Energy Technologies Inc., makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, has been awarded a $3 million grant by the California Energy Commission to scale-up and demonstrate its glass-coating technology process for fabrication of solar power-generating windows. The project, Rapid Innovation Development of Energy Generating Windows for […]
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Borrego, a developer, EPC and O&M provider for large-scale renewable energy projects in the U.S., has been selected by The AES Corporation to engineer and construct three utility-scale solar projects in Michigan. The projects – located in Cement City, Pullman and Letts Creek – have been mobilized for construction and are scheduled to come online […]
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Soltage LLC, an independent power producer, and Harrison Street, an investment management firm focused on alternative real assets, have invested in a 20 MW portfolio of community solar assets and Public Utility Regulatory Policies Act (PURPA) solar projects located in North Carolina, South Carolina and Maine. The portfolio serves customers including investor-owned utilities purchasing electricity […]
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