Utility-scale solar developer Geenex Solar has secured additional financing that will allow it to advance a pipeline of more than 8GW of PV and energy storage projects in the US Southeast and Midwest.
A subsidiary of US utility American Electric Power has issued a request for proposals for off-take from between 300MW and 500MW of solar, wind and standalone battery energy storage systems (BESS) in the PJM Interconnection area.
Renewables associations have welcomed rule changes in the US’ largest electricity market that are expected to result in more solar clearing capacity market auctions while making it easier for states to achieve their clean energy targets.
US power grid operator PJM Interconnection’s latest capacity auction for 2022/2023 saw 1,512MW of solar procured, up 942MW on its most recent auction in 2018.
EDF Renewables North America has acquired a pipeline of more than 20 US solar assets from project developer Geenex Solar, totalling more than 4.5GW of capacity.
12-project distributed generation portfolio bought from Glidepath Ventures for US$300m will reportedly double the number of PV assets in the state once live.
SEIA and ACORE slam December decision by federal energy watchdog to reform pricing rules of interstate electric grid PJM's pricing system, claiming it will discriminate against clean energy generators.
