As distributed energy resources such as residential solar rooftop increase in the next decade, its use for virtual power plants could save US utilities up to US$35 billion, according to a study from consultancy The Brattle Group.
BayWa r.e Solar Projects – the US solar developer arm of industrial conglomerate BayWa – has secured a US$115 million credit facility to support the expansion of its US solar and storage project portfolio.
US renewables developer EE North America has acquired a majority stake in two Colorado solar PV projects with a combined capacity of 700MW, adding to the company’s now 2.5GW-strong US development pipeline.
Three renewables generation projects amounting to a collective 1.395GW have been awarded approvals in New South Wales’ most recent renewable energy tender, alongside a large battery energy storage system (BESS).
While bifacial modules promise advantages in power production, they can create complex performance monitoring challenges. That will need to be resolved if project production uncertainties are expected to remain at levels and expectations currently set with the deployment of mono-facial modules, write Ajay Singh and Derek Jones of Campbell Scientific Inc.
Solar PV developer Lightsource bp has signed a deal with industrial manufacturing company Siemens for a 1GW supply of solar inverters to be deployed on Lightsource’s US PV projects.
