pjm

US renewable developer energyRe has raised US$1.2 billion for a number of projects, including solar-plus-storage and transmission work.

North American solar power purchase agreement prices increased 4% in Q3, following a decline in prices in Q2.

A total of 34GW of renewable power could reach commercial operation in the Mid-Atlantic States of the US over the next four years if renewable projects could be brought online at a pace that PJM Interconnection approved projects between 2011 to 2016, according to a recent American Council on Renewable Energy (ACORE) study.

Missouri-based solar developer Birch Creek Energy has acquired DC-based greenfield developer Foundations Solar Partners from equity firm Hull Street Energy.

US solar developer OYA Renewables and energy company Oil Well Shares have embarked upon a joint venture (JV) to develop and construct community and utility-scale solar and storage projects across the PJM region.

US power grid operator PJM Interconnection latest capacity auction for 2023/2024 saw 1,868MW of solar PV procured, up 25% from 2022/2023.

A subsidiary of US utility American Electric Power has launched a request for proposals process as it looks to sign power purchase agreements (PPAs) for new and existing solar and wind facilities located in the PJM service region.

US utility Appalachian Power has issued a request for proposals (RFP) for up to 150MW of solar in West Virginia with an option to include battery energy storage systems (BESS).

The US Federal Energy Regulatory Commission (FERC) should make interconnection reform a top priority to reduce the backlog of projects waiting to connect to the country’s grid, a coalition of three clean energy trade associations has said.

US power grid operator PJM Interconnection is progressing with efforts to transition to a new interconnection process as it looks to clear a backlog of projects including more than 136GW of solar capacity.