sonnenConnect will deploy a time of use (TOU) algorithm which, in conjunction with a battery (which NEM 3.0 reportedly incentivises), “ensures customers will not pay peak-period pricing at any point throughout the year”, the company said.
Virginia-headquartered energy utility Dominion Energy has filed a proposal with the Virginia State Corporation Commission (SCC) for 772MW worth of solar PV capacity in the state.
Swiss-headquartered asset investment firm Capital Dynamics has acquired 170MW of ready-to-build solar PV capacity in Italy for an undisclosed sum and from an unnamed global energy service provider.
Southeast US utility Duke Energy has sold its distributed commercial generation portfolio – including solar PV developer REC Solar and all of its assets – to investment firm ArcLight Capital Partners. Financial details of the transaction were not disclosed.
2023 is on track to be a “record year” for solar PV installations in the US; through August, 8.4GW of utility-scale solar was installed, 50% more than the equivalent point in 2022. In those deployments, some trends have emerged.
Canadian-headquartered solar-plus-storage developer Watt Renewable Corporation has secured a US$13 million investment to deploy hybrid corporate & industrial (C&I) solar solutions across Nigeria.
Indian renewable energy firm Axis Energy Group has launched a joint venture (JV) with Brookfield India – the local arm of global investment firm and asset owner Brookfield – backed by an initial investment of US$845 million.
