Ormat Technologies Inc. has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. Ormat acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate the 25 MW battery energy storage system (BESS) project. It is co-located with an operational 157 […]
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Con Edison and 174 Power Global have entered an agreement to install the largest battery storage project in New York on an industrial site in Astoria, Queens. The battery will be able to discharge 100 MW of electricity. 174 Power Global, which specializes in renewable energy projects, will build and own the battery system off […]
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The U.S. Department of Energy (DOE) says it is investing up to $45 million in research to advance solar hardware and systems integration – including the creation of a consortium dedicated to developing control technologies for a modernized electric grid. While solar makes up 3% of U.S. electricity, that amount is expected to reach 18% […]
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Northern Indiana Public Service Co. LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, have signed a long-term power purchase agreement (PPA). Under the terms of the PPA, NIPSCO will purchase 280 MW of the power generated by a CEI-owned […]
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The Illinois Power Agency (IPA) has ended all of Illinois’ renewable energy incentives, effectively dismantling the state’s renewable energy program. The renewable energy program, which launched in late 2017, provided financial incentives to the owners of solar and wind energy systems and was the main driver behind the rapid growth in renewable energy jobs and […]
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Twenty-one schools across Virginia are reducing their carbon footprints by powering their operations with solar energy through a partnership between BrightSuite Solar, a subsidiary of Dominion Energy, and Sun Tribe. The solar arrays at schools in Arlington, Fluvanna, Hanover, King William, Newport News, Powhatan and Virginia Beach are being installed in partnership with Sun Tribe […]
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Amazon has invested in 26 new utility-scale wind and solar energy projects totaling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 projects and more than 4 GW of capacity – the largest corporate investment in renewable energy in a single year. These new projects will make […]
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Fundamental changes in how the electric power grid is planned, designed, built and operated are necessary to meet future challenges. These challenges are created by changes in electricity use and in the sources of energy connected to the grid, including greatly expanded use of electric vehicles (EVs) and growth in large-scale solar power and energy […]
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CIT Group Inc. says its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250 MW Taygete I Energy Project owned by 7X Energy Inc., a utility-scale solar developer, owner and asset manager. Located in Pecos County, Texas, construction on the project was completed by Swinerton Renewable Energy […]
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Panasonic Corp. of North America has unveiled its new EverVolt Solar Modules series with the introduction of four new modules designed to accompany its EverVolt Battery Storage system. Panasonic says the EverVolt Solar Modules provide advanced efficiency and performance – even in high temperatures – as well as exceptional degradation rates and are backed by […]
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Terra-Gen, a renewable energy developer and operator, has entered an agreement with Mortenson, a builder, developer and engineering services provider, to proceed on the Edwards & Sanborn solar+storage project located in Kern County, Calif. The project consists of 1,118 MW of solar and 2,165 MWh of energy storage. It is currently the largest single solar […]
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sPower, a renewable energy independent power producer (IPP), has acquired nine solar projects in New York from National Grid Renewables. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis and other counties across Upstate New York. This portfolio is estimated to have a 1 GW DC capacity. Six of the nine projects are currently in […]
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