solar-plus-storage

Xcel Energy has announced plans to construct 3.6GW of new renewable power generation capacity and 600MW of new storage facilities.

The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.

Sunrun has published the results of its Peak Power Rewards system that saw residential systems send power to the California grid for 90 days.

Grenergy has signed a power purchase agreement (PPA) for the fourth phase of its Oasis de Atacama solar-plus-storage project in Chile.

US utility AES Corporation built 3.5GW of renewable energy generation projects in 2023, led by solar PV installations.

New York Power Authority is seeking to collaborate with renewable energy and energy storage developers and operators.

US climate investment firm HASI has invested an undisclosed sum into a 605MW solar and solar-plus-storage portfolio owned by US utility AES Corporation.

BrightNight has closed a US$375 million corporate credit facility, which it plans to use to build out a 31 GW pipeline of projects.

Globeleq has finalised its acquisition of a 75% stake in the 41MW Central Solar de Mocuba solar project in Mozambique from Scatec KLP.

TotalEnergies has started construction on a solar-plus-storage project in South Africa, with a power generation capacity of 216MW.