OYA Renewables has secured backing from City National Bank (CNB), a wholly owned U.S. subsidiary of Royal Bank of Canada, with a $27.1 million long-term loan facility. The funding will support four New York-based community solar projects that make up part of OYA’s 9 GW project pipeline In addition to the CNB loan, OYA also …
Net metering payments were slashed while a new efficiency incentive was also unexpectedly rejected. March 27, 2023 Another state has moved towards slashing payments to new rooftop solar customers, as North Carolina regulators voted to approve a cut to net metering. Net metering involves crediting customers on their utility bill for sending excess solar generated electricity …
The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian L.P., a portfolio company of Global Infrastructure Partners. The Madero and Ignacio energy storage plants will be operated using Eolian software, enabling full participation in the Electric Reliability …
Wärtsilä and Eolian complete 200-MW standalone energy storage portfolio in Texas Read More »
Scientists led by an Oregon State University researcher have developed a new electrolyte that raises the efficiency of the zinc metal anode in zinc batteries to nearly 100%, a breakthrough on the way to an alternative to lithium-ion batteries for large-scale energy storage. The research is part of an ongoing global quest for new battery …
The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian LP, a portfolio company of Global Infrastructure Partners. The Madero and Ignacio energy storage plants will be operated using Eolian software, enabling full participation in the Electric Reliability …
Wärtsilä, Eolian complete 200 MW standalone energy storage facility in Texas Read More »
The Rhode Island projects range from 250 kW to 5.4 MW and include rehabilitated brownfield sites, landfills, and serve organizations like the YMCA and low-income housing authorities. March 27, 2023 CleanCapital, a solar and storage renewables investor, announced it acquired assets located in Rhode Island, marking a new market for the investor. The company acquired …
CleanCapital acquires 26.2 MW, 10-project solar portfolio Read More »
The battery is the largest merchant energy storage facility in the world. Wärtsilä Energy and Eolian LP partnered for the 200 MW grid-scale battery system. March 27, 2023 Eolian LP, a portfolio company of Global Infrastructure Partners, has completed construction on what will become the largest merchant energy storage facility in the world, the companies …
Over 500 MWh standalone battery storage facility enters operation in Texas Read More »
Lendlease and Holu Hou Energy (HHE) have signed a contract to install HHE’s HoluPower energy storage and solar photovoltaic systems on homes at Lendlease’s Island Palm Communities. The installations will come in the form of HHE’s EnergyCluster, where multiple residential units have their systems connected in an energy network or “cluster.” Excess solar generation from …
Solar + storage clusters to bring energy savings and security to Oahu military community Read More »
The State of Connecticut launched a second round of energy storage incentives two years ahead of schedule due to strong commercial demand, after approving 46.4 MW/139.4 MWh of commercial projects in the state in the first round. March 27, 2023 Connecticut has initiated the second tranche of its statewide commercial energy storage program, aimed at …
Connecticut commercial energy storage demand spurs government action Read More »
OYA Renewables, a community solar developer, secured a senior secured term loan facility and credit extensions for four New York community solar projects that recently completed construction in New York state. The company secured $27.1 million in loan commitments from City National Bank (CNB) and Greenprint Capital, an addition to the $216 million in debt …
Community solar developer adds project debt for 24.8 MW newly completed projects Read More »
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