US utility American Electric Power (AEP) has signed an agreement to sell its 625MW of solar PV assets in the state of New Mexico to investment firm Exus Asset Holdings.
Two utilities in Kentucky, US, have received approval from the Kentucky Public Service Commission (KPSC) to add 1GW of solar PV and energy storage to replace a 600MW coal plant by 2027.
Demand is soaring in the US for residential solar and storage, driven by a desire for energy resilience and sustainability, but traditional utilities are hampering progress.
Utilities operating in the US state of Washington must eliminate coal-fired generation by the end of 2025 and source 100% of their electricity from renewable or non-carbon-emitting sources by 2045, according to new rules announced by regulators.
Arizona regulators have approved a plan that will require utilities in the state to receive all their power from carbon-free sources such as solar and wind by 2050.
Utility and subsidiary of Warren Buffett’s Berkshire Hathaway Energy aims to add 6.3GW of PV and 2.8GW of batteries by 2038, with storage part of ‘low-cost’ calculations for the first time.
Exempting utilities from mandatory procurement under 41-year-old PURPA law risks further harming independent producers and consumers, says PV body as it proposes way forward.
