Solar Assets News
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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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Fluence Mosaic Intelligent Bidding Software for Energy Storage Launches in ERCOT Wholesale Markets
Fluence Energy, a leading provider of energy storage products and services, this week (Feb 22) announced that Fluence Mosaic , an intelligent bidding software for grid-scale energy storage and renewable assets, has launched in the Electric Reliability Council of Texas (ERCOT) wholesale power market, starting with over 350 MW of battery-based energy storage assets scheduled to commence operations ...
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Nexamp Provides Non-Wires Alternative Solution for National Grid Substation in New York
Nexamp, together with National Grid, is addressing increased energy demand at the Coffeen substation in Watertown, New York with the construction of a new solar + storage facility that will eliminate the need for additional transmission lines or substation upgrades through a Non-Wires Alternative (NWA) approach. NWA projects are designed to reduce cost and complexity by using distributed energy ...
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Amp Energy Secures Financing for $155M Community Solar Plus Storage Portfolio
Amp Energy, a global Energy Transition Platform and renewable energy developer, this week announced it has closed financing on its 61 MW | 6.5 MWh solar plus storage portfolio in Massachusetts and New York, valued at $155M. KeyBank led the construction and term debt, with U.S. Bank investing the tax equity for the portfolio, in the fourth transaction amongst the three parties since 2017. Of the ...
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National Grid's Renewable Energy RFI Validates a Fossil-Free Energy Strategy for the Northeast
National Grid has located robust stocks of renewable natural gas (RNG) and hydrogen potentially available for its customers in Massachusetts and New York through the company's first-of-its kind Northeast clean energy request for information (RFI) issued in May. Procurement of RNG and hydrogen are essential to National Grid's plan to deliver a 100% fossil-free gas network for customers who do not ...
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Joule's Clean Energy Programs Save NY State Residents an Estimated $7 Million Since July 2021
As electricity rates skyrocketed through the first two months of 2022, Joule estimates that its electricity supply customers saved $7 million from July 2021 through February 2022, with $3.4 million in savings accruing in February arising from its participants in the Central Hudson utility zone due to the utility's expected 46% rate hike for electricity. In Rockland Country, Joule's program ...
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Ameresco Awarded 10-MW Slemon Park Microgrid Project
Ameresco, Inc., a leading cleantech integrator specializing in energy efficiency and renewable energy, this week announced that it has been awarded the Slemon Park Microgrid project, which it will develop in collaboration with Prince Edward Island (PEI) Energy Corporation. The Slemon Park Microgrid will consist of a 10-MW solar facility with direct current-coupled energy storage, meaning that the ...
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California Utilities Enlist Swell Energy to Advance Virtual Power Plants
Renewable energy and grid solutions provider Swell Energy Inc. this week announced that it is working with three California utilities on pilot projects to expand grid services use cases for residential solar + storage resources to meet both local and regional energy needs. Pacific Gas and Electric Company (PG&E) and San Diego Gas & Electric (SDG&E) are working with Swell to expand ...
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Horizon Power and PXiSE Energy Solutions Successfully Operate World's First 100% Solar-Plus-Storage-Only Community Grid
Horizon Power, Western Australia's regional and remote energy utility, and PXiSE Energy Solutions, developer of next-generation grid control technology, have collaborated on a first-of-its-kind hydrocarbon-free power grid that enabled a town to power itself entirely with fossil-free distributed energy resources.In the world's first known instance of solar-plus-batteries supplying 100% of a ...
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100MWp sale agreed with NextEnergy Solar Fund for £64.3m
Lightsource bp, a global leader in the development and management of solar energy projects, has today announced the completion of the sale of 100MWp of UK solar projects to FTSE 250 renewable energy investment company NextEnergy Solar Fund (NESF), for a total consideration of £64.3 million. The transaction consists of two 50MWp solar projects, one in Yorkshire and one in Nottinghamshire, ...
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Fluence`s AI-Enabled Market Bidding Platform Selected to Optimize 182.5 MW Battery Energy Storage System in California
Fluence this week announced that its AI-powered Trading Platform has been selected to provide optimization and market bidding services for Pacific Gas and Electric Company's 182.5 MW, 730 MWh battery energy storage system in Moss Landing, Calif. Using artificial intelligence, advanced price forecasting, portfolio optimization and market bidding algorithms, the software will ensure the system is ...
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Amplus Launches the MILES Challenge for Clean Energy Start-Ups in India
Amplus Solar recently announced the launch of the MILES (M+Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Launched in association with GoMassive Earth Network, an angel investor forum focused on sustainability,The MILES Challenge will provide participants mentorship as well as access to resources in the ...
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California Energy Commission Awards More Than $5 Million in Grant Funding to Indian Energy for Camp Pendleton Energy Storage Demonstration Project
San Diego-based energy developer, Indian Energy LLC, has accepted a grant of more than $5 million from the California Energy Commission (CEC) to develop and demonstrate long-duration, non-lithium ion based energy storage technologies. This grant is part of the CEC's Electric Program Investment Charge (EPIC) program, funding research that accelerates clean energy innovation, helping to build ...
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Spruce Acquires Two Residential Solar Portfolios, Increases Holdings to More than 330 MW
Spruce Finance, the largest private owner and operator of distributed generation residential solar assets in the U.S., has acquired two new asset portfolios, including the balance of NRG’s residential holdings. The NRG purchase is Spruce’s largest to date and the latest example of the company’s residential solar asset “growth by acquisition” strategy in the U.S. The ...
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Appalachian Power Among Key Partners in a New Effort to Advance Energy Storage Technology
Appalachian Power and Dominion Energy, Virginia’s largest electric utilities, have entered into a public-private partnership with InvestSWVA to advance energy storage technology and attract industry prospects to the region. The partnership also includes the Appalachian School of Law, Mountain Empire Community College and the Southwest Virginia Energy Research and Development Authority. ...
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Spruce Finance Acquires Clearway Energy’s Portfolio of Residential Solar Assets
Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the U.S., has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest to date and the latest example of the company’s residential solar asset “growth by acquisition” strategy in the U.S. The 53 megawatts (MW) of ...
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Further European Solar Records to Follow in 2020
Following solar production records set in the UK, Germany and Spain in March and April, the European solar market is set to break further records in 2020. This is according to data and software architects for bankable solar investments, Solargis, whose solar irradiation maps show the impact relatively small fluctuations in global horizontal irradiation (GHI) are having on production during the ...
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Spruce Finance Closes $124 Million Residential Solar Financing Package with Vantage Infrastructure and Sequoia Economic Infrastructure Income Fund
Spruce Finance, the largest private owner and operator of distributed generation solar and residential energy assets in the U.S., has closed a $124 million debt financing deal for its portfolio of residential solar power purchase agreements (PPAs) and leases with Vantage Infrastructure and Sequoia Economic Infrastructure Income Fund (SEQI). The funds will provide a significant capital boost to ...
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Dominion Energy Virginia Quadruples Renewable Energy and Energy Storage in Long-Term Integrated Resource Plan
In just one year, Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). The increase is driven, in part, by Governor Ralph Northam's executive order on climate change and the Virginia Clean Economy Act passed by the General Assembly. The expansion of renewable energy development will give Virginians significant ...
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Report Examines the Uptake of Drones in the Power and Utilities Sector
An analysis by Frost & Sullivan, Drones in the Global Power and Utilities Industry, Forecast to 2030, reveals that the market for drones in the power and utilities industry will continue to expand at a compound annual growth rate of 23.6%, reaching $515 million by 2030. Ongoing digital transformation trends across the power and utilities sector and an increase in the adoption rates of drones ...
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