Power Costs News
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AES Hawaiʻi Launches 50-MWh Solar-plus-Storage Facility on O‘ahu
AES Hawaiʻi this week announced the launch of its West O‘ahu solar-plus-storage project in Kapolei – the company’s first facility to combine solar generation and battery energy storage on O‘ahu. Located on 66 acres of open University of Hawai‘i land, the West O‘ahu solar-plus-storage facility is generating 12.5 MW of clean energy for O‘ahu’s power ...
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1,600 MWh Project is One of the Largest Solar + Storage Systems Under Development in the US
rPlus Energies, a leading privately held renewable energy developer, announced that its Green River Energy Center project recently amended its power purchase agreement with PacifiCorp to quadruple the battery storage capacity from 400-megawatt-hours to 1,600 MWh, securing its position as one of the largest solar-plus-storage projects under development in the United States.The project involves ...
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Vattenfall and Wieland have reached an agreement for a 46-MW solar power purchase agreement in Germany.
Swedish state-owned utility Vattenfall AB and the German copper products manufacturer Wieland Group announced the signing of a power purchase agreement (PPA) that will be in effect for a period of ten years and will help to eliminate carbon emissions from industrial production. This contract is connected to Vattenfall's 46-megawatt solar park in Nauen, Brandenburg, Germany, which is now in the ...
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EDF Renewables Signs Agreement with Southern California Public Power Authority for Solar + Storage
EDF Renewables North America this week announced a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) for a portion of the Bonanza Solar and Storage project. The carbon-free electricity generated by the 125 MWac solar photovoltaic (PV) system and 65 MW 4-hour Battery Energy Storage System (BESS) is guaranteed to begin delivery to SCPPA’s participating ...
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Public Service Company of Oklahoma Seeks New Generation Resources
Public Service Company of Oklahoma (PSO) has issued a Request for Proposals (RFP) seeking additional generation resources. The RFP seeks up to 1,500 megawatts of additional power generating capacity to be in service no later than December 15, 2028. The RFP includes all sources, such as natural gas, wind, solar and energy storage proposals. PSO is open to acquiring energy through a variety of ...
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New 46-MW Pennsylvania solar array will support utility grants for LMI residents
Four Twelve Renewables is unveiling its inaugural utility-scale solar facility in Greene Township, Beaver County, Pennsylvania. The 46-MWDC facility, known as BE Pine, is made up of approximately 98,000 bifacial solar panels. BE Pine is the first project in Four Twelve Renewables’ portfolio. Four Twelve is an energy developer seeking to use clean, abundant natural resources to generate ...
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Global fossil fuel subsidies on the rise despite calls for phase-out
In an effort to combat global warming, world leaders decided to phase out "inefficient" fossil fuel subsidies during the COP26 climate meeting in Glasgow two years ago. However, since then, as governments all over the world took action to shield citizens from growing energy prices, the International Monetary Fund reports that worldwide fossil fuel subsidies have increased from $2 trillion to $7 ...
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TotalEnergies Starts Up in Texas a 380 MW Utility-Scale Solar Power Plant with Battery Storage
TotalEnergies has started commercial operations of Myrtle Solar, its utility-scale operated solar farm in the United States. Located south of Houston, Texas, Myrtle has a capacity of 380 megawatts peak (MWp) of solar production and 225 MWh of co-located batteries. With 705,000 ground-mounted photovoltaic panels installed over an area equivalent to 1,800 American football fields, Myrtle produces ...
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Georgia Power Files Update to 2023 Integrated Resource Plan
Georgia Power this week (Oct 27) filed an update to its Integrated Resource Plan (IRP), which the company notes sets forth a flexible, comprehensive plan to support the state's economic growth. Current energy projections for Georgia now reflect energy growth of approximately 6,600 MW through 2030, up from approximately 400 MW previously forecasted in January 2022. Building upon the plan approved ...
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Dominion Energy Proposes New Solar Projects for Virginia Customers
In its fourth annual clean energy filing with the Virginia State Corporation Commission (SCC), Dominion Energy Virginia today proposed more than a dozen new solar projects for Virginia customers. If approved, the projects will generate 772 megawatts (MW) of carbon-free electricity, enough to power nearly 200,000 Virginia homes at peak output. The proposal includes 6 solar projects totaling 337 MW ...
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Innergex Q2 2023: Significant Progress on Greenfield Development and Funding Initiatives
Signed an agreement to form a partnership with Crédit Agricole Assurances for a 30% minority interest in Innergex's France portfolio to accelerate its growth Closed two construction financings for a total of US$583.1 million ($770.5 million) for the 330 MW Boswell Springs wind project and the 35 MW/175 MWh (5 hours) San Andrés battery energy storage project Signed a 30-year ...
By Innergex
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Innergex Achieves Construction Financial Close of Its Boswell Springs Wind Project
Closing of a US$534 million (CAN$704 million) construction and term financing and a US$49 million (CAN$65 million) letter of credit (“LC”) facility for the construction and operation of the 329.8 MW Boswell Springs Wind Project The project qualifies for the Energy Community PTC Bonus, which increases PTCs by 10% On-site construction activities have started, and contractors are now ...
By Innergex
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Electriq Power to Offer Solar+Storage with Zero Up-Front Cost to San Luis Obispo County Residents
Electriq Power (Electriq), a provider of intelligent energy storage and management for homes and small businesses, this week announced the signing of an agreement with SLO Climate Coalition (SLOCC) to deliver affordable, sustainable, and resilient energy to San Luis Obispo County residents through fully financed residential solar-plus-storage microgrids. Through the program’s SLOCC-vetted ...
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Clean Power Alliance Approves LDES Project with NextEra Energy Resources' Desert Sands Facility
The Clean Power Alliance (CPA) Board of Directors has approved a 15-year power purchase agreement (PPA) with NextEra Energy Resources, LLC, for a 75 megawatt long-duration standalone energy storage project. The project is located at NextEra's Desert Sands Energy Storage facility in Riverside County, California. CPA will begin storing and discharging energy from the facility in June 2026. The ...
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Duke Energy request to reduce fuel electric rate approved by Indiana regulators
On March 29, the Indiana Utility Regulatory Commission approved Duke Energy Indiana’s request to lower bills due to declining fuel and purchased power costs. For an average residential Duke Energy customer in Indiana using 1,000 kilowatt-hours a month, it means a decrease of approximately 16% over rates today, or $26 a month. That is on top of a 5% decrease that went into effect in January. ...
By Duke Energy
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Duke Energy Begins Operation of Its Largest Solar Plant
Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy, is now operating its largest solar power plant ever – the 250-megawatt (MW) Pisgah Ridge Solar project in Navarro County, Texas. “We’re excited to continue to grow our Texas solar portfolio,” said Chris Fallon, president of Duke Energy Sustainable Solutions. “This project demonstrates how we can continue to ...
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Duke Energy begins operation of its largest solar plant
250-MW plant now online in Navarro County, Texas Three companies purchased output under 15-year VPPAs Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy (NYSE: DUK), is now operating its largest solar power plant ever – the 250-megawatt (MW) Pisgah Ridge Solar project in Navarro County, Texas. “We’re excited to continue to grow our ...
By Duke Energy
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Entergy Louisiana Seeks Approval to Add Nearly 225 Megawatts of Solar Power
To meet customers’ growing demands for renewable energy and support economic development in the state, Entergy Louisiana this week filed a request with the Louisiana Public Service Commission to approve the purchase, construction and operation of nearly 225 megawatts of new solar power resources. Entergy Louisiana has selected two projects to source additional solar energy, including one ...
By Entergy
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TVA's Clean Energy Energizes Region's Economic Growth
The Tennessee Valley Authority Board of Directors this week announced plans to move forward with a Valley Pathways Study that will look at all segments of the economy to accelerate the region's clean-energy economy. TVA will use this study to expand on the region's standing as a national leader for innovation in new nuclear, renewable energy, electric vehicles, energy storage and hydrogen. "TVA ...
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Duke Energy to Help Customers Go 100% Renewable
Duke Energy has proposed a major expansion to its Green Source Advantage (GSA) program, giving customers the option to supplement their power usage with 100% renewable power – and the ability to pair renewable projects with energy storage. Details for the GSA Choice program were outlined in a filing with the North Carolina Utilities Commission. “Many of our large business customers seek ...
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