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Month: March 2023

Tracking clean energy initiatives under the Inflation Reduction Act

A new website called IRAtracker.org clarifies how the Inflation Reduction Act is taking shape and being implemented across more than a dozen federal agencies. March 28, 2023 Signed into law on Aug. 16, 2022, the Inflation Reduction Act (IRA) has been widely praised for its landmark investment into clean energy and climate funding.  Based on …

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Silicon Ranch completes 6.7-MW solar project for Tennessee community

Silicon Ranch, an independent power producer and renewable energy company, the Paris Board of Public Utilities (Paris BPU) and the Tennessee Valley Authority (TVA) held a “Flip the Switch” event today to celebrate the completion of a new 6.75-MWAC solar facility in Puryear, Tennessee. This solar array will generate enough renewable energy to power approximately …

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Babcock & Wilcox awarded $15M in Illinois community solar contracts

Babcock & Wilcox Solar Energy Inc., a subsidiary of Akron, Ohio-based Babcock & Wilcox Enterprises Inc. (B&W), has been awarded $15 million in contracts by Summit Ridge Energy LLC (SRE) to engineer, procure and construct five community solar power installations in Illinois. The projects total approximately 15 MW and are scheduled for completion in 2023. …

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Summit Ridge raises tax equity for 50 MW Maine and Illinois solar portfolio

The $67 million investment utilizes the Inflation Reduction Act’s (IRA) Qualified Advanced Energy Project Credit program. Once guidance for low- and moderate-income community incentives and domestic content requirements program is finalized, the developer expects to expand its partnership with the tax investor to fund additional projects in underserved and traditional energy communities.   March 28, 2023 …

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“Drone in the box” for a thousandths of a cent per kilowatt hour

Raptor Maps is developing a drone and software package for ongoing, on-site visual and thermal intelligence at utility-scale solar facilities. March 28, 2023 Raptor Maps is taking an innovative approach to solar monitoring technology. The company is developing solar-specific software tools that, when combined with their groundbreaking “drone in a box” platform, will offer solar …

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EnerVenue to build 1-GWh factory for metal-hydrogen battery systems in Kentucky

Metal-hydrogen battery manufacturer EnerVenue just announced it will open a 1 million-sq-ft factory in Shelby County, Kentucky, to manufacture its Energy Storage Vessels. All aspects of design and process validation, manufacturing and testing will be performed on the 73-acre site. The first phase of the project will allow for 1 GWh of annual production. EnerVenue expects to …

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OYA Renewables secures $27 million loan from City National Bank to support community solar

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 …

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North Carolina rulings dent rooftop solar value

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 …

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Wärtsilä and Eolian complete 200-MW standalone energy storage portfolio in Texas

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 …

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