Energy utility American Electric Power (AEP) has agreed to a sale of its 1.3GW unregulated renewables portfolio for approximately US$1.5 billion including project debt, with a view to investing in its regulated wires and generation business.
Colorado-based electricity distributor CORE Electric Cooperative has penned a wholesale power supply agreement with power generation developer Invenergy, which will give CORE access to an additional 1.2TWh of renewable energy a year.
The Public Service Commission of the District of Columbia (DCPSC) has approved a 15-year power purchase agreement (PPA) with renewables developer Invenergy for 73MW of solar power to meet a 5% renewables target for district’s default electricity supply.
US utility CenterPoint Energy has sought approval from the Indiana Utility Regulation Commission (IURC) to acquire a 130MW solar PV project in Pike County, Indiana.
US utility-scale solar installations in Q2 2022 were down 53% year-on-year as policy headwinds and trade issues impacted development and increased the backlog of delayed projects, a new report has revealed.