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Month: February 2022

RFP Alert: Duke Energy Indiana requests proposals for solar, battery storage projects

Duke Energy Indiana is asking for proposals to acquire new, diverse power generation capacity to transition away from emissions heavy power plants. Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 MW of owned electric capacity to approximately 860,000 customers in a 23,000-square-mile service area. It is Indiana’s largest electric supplier. “We’re soliciting …

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Convergent’s battery storage facility is up and running in the LA Basin

Convergent will operate and maintain the 9MW/36MWh and 6MW/24MWh lithium-ion battery energy storage systems at one of Southern California Edison’s (SCE) substations in Santa Ana, California using Convergent’s energy storage intelligence, PEAK IQ. The company’s PEAK IQ uses artificial intelligence and machine learning technologies to ensure energy is stored and dispatched at the most strategic …

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Heliogen nets $188 million in cash in business combination, added to NYSE

Heliogen, provider of concentrated solar power (CSP) plants enabled with AI, reached the New York Stock Exchange on the last day of 2021 after completing a business combination with Athena Technology Acquisition Corp. The deal resulted in roughly $188 million in gross cash proceeds to Heliogen, which now trades under the ticker HLGN. At the time of …

Heliogen nets $188 million in cash in business combination, added to NYSE Read More »

Improving interconnection timelines: The need for data and enforcement

Interconnection is a crucial, yet often overlooked, issue for enabling timely deployment of solar and other clean energy projects. Literally every grid-connected project must go through the interconnection process and delays can thus impact projects of every size and type. Across the country, outdated and cumbersome interconnection policies put the brakes on clean energy development, …

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Soltage invests in 31MW community solar portfolio

The investment is the company’s third as a part of its Iris capital vehicle, created in partnership with Harrison Street to fund and depl0y 450MW of new distributed solar and storage projects across the United States. February 17, 2022 Soltage, along with Harrison Street, an alternative energy investment firm, announced the companies’ most recent investment …

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Solar power, like the sun, should belong to us all – Capitol Weekly

With wildfires raging and blackouts looming, the urgent need for California’s rapid shift to a cleaner, electric grid powered by pollution-free energy is clear. Local solar power — on our roofs and in our neighborhoods — has always been a more nimble and resilient form of clean energy, but now we know that consumer solar …

Solar power, like the sun, should belong to us all – Capitol Weekly Read More »

Schneider Electric acquires solar marketplace EnergySage

Schneider Electric announced it has purchased a controlling stake in EnergySage to help accelerate a shared vision for transforming the clean energy market. The acquisition will provide EnergySage with the resources to speed up the company’s growth and product innovation. In addition to rapidly growing its rooftop solar and community solar marketplace solutions for residential …

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AMPYR Solar Europe secures £334m for solar assets in Europe

Published: 17 Feb 2022, 12:33 AMPYR Solar Europe’s partnership with CarVal Investors will help their plans to bring over 2GW solar assets by 2025. AMPYR Solar Europe’s (ASE) has announced a new partnership with CarVal Investors, which will help it develop over 2GW of solar power capacity by 2025. An initial payment of £209 million (€250 million) …

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RFP Alert: PECO to procure 8,000 solar credits from Pennsylvania providers

PECO, Pennsylvania’s largest electric and natural gas utility, has launched the final phase of its two-year solar credit procurement program. This program is part of a focused initiative to increase the company’s local solar credits by 8,000 annually and create longer-term market pricing for solar credits that will further support the development of local solar …

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Solar supply chain trouble to ease this year, according to analyst

Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region. January 12, 2022 The supply chain problems which helped drive up the cost of solar power equipment last year will ease in 2022, according to Scottish analyst Wood …

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