Steps taken in California to enable energy storage systems to provide multiple services and to ‘stack revenues’ are “an essential starting point” for the industry, the head of California’s Energy Storage Alliance (CESA) has said.
The US’ two leading states in solar and energy storage, New York and California, have taken steps towards valuing the locational and time-of-use value of distributed energy resources and other states should follow, the Solar Energy Industries Association (SEIA) has said.
A subsidiary of Greenbacker Renewable Energy Company has purchased a yet to be constructed 26MW PV project located in Imperial County, California, from Solar Frontier Americas.
Duke Energy Florida has completed an 8.8MW PV project in Suwannee County, Florida — with the project featuring nearly 44,000 solar panels developed over 28 hectares of land.
Canadian Solar subsidiary Recurrent Energy has signed off on a 20-year power purchase agreement for 45MW of PV power with Bay Area Rapid Transit (BART), the fifth largest public transit network in the US.
California oil and gas producer Aera Energy and GlassPoint Solar are set to built California’s largest solar energy project — which will be used to power operations and reduce carbon emissions at the Belridge oilfield west of Bakersfield, California.
Recurrent Energy has closed on a combined construction loan and construction letter of credit facility for the 20MW Gaskell West 1 solar power project in California.
US residential solar PV and energy storage installer Sunrun reported a marginal improvement in third quarter revenue on and 18% megawatt increase in installations.
Netherlands-based pension fund Stichting Pensioenfonds ABP has agreed to invest over US$384 million in three PV projects in the US, with the trio of installations representing a combined generation capacity of 858MW.
