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Day: November 1, 2023

New state scorecard finds microgrids are severely under-supported across country

Advocacy group Think Microgrid today released a microgrid “State Scorecard” report, finding that microgrids face existential barriers to implementation in most states. In the scorecard, most states were awarded a grade of C or D. Only four states – Connecticut, Colorado, Hawaii and Texas – earned a B grade. The scorecard uses an evaluation framework that …

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Longroad breaks ground on 377 MW Sun Streams 4 solar + storage project

Longroad Energy has started construction on the Sun Streams 4 project in Maricopa County, Arizona. The project will deliver 377 MWdc of PV and 300 MWac / 1,200 MWh of storage and is expected to achieve commercial operations by mid-2025. Longroad, a U.S.-based renewable energy developer, owner and operator, recently closed on the financing for …

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First Solar delivers on earnings, margins, falls short on revenue

The U.S.-based thin-film solar panel manufacturer raised its expectations for 2023 as its order backlog grows. November 1, 2023 First Solar, a U.S.-based manufacturer of cadmium telluride thin-film solar modules, announced its Q3 2023 earnings, posting a miss on revenues, but beating expectations on earnings per share. The company delivered $801 million in revenues, falling …

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Connecticut city fire department to pilot indoor-install of Cadenza ESS

Bridgeport, Connecticut, plans to install an LFP battery system from Cadenza Innovation at its city fire department headquarters. This will be the first public demonstration of Cadenza’s battery in Connecticut. “Bridgeport has a long history of pioneering innovation in the energy sector. The Cadenza Innovation team is thrilled to be chosen for this project to …

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EagleView will now provide imagery for top 50 U.S. metros

EagleView announced it will now provide imagery and enhanced property analytics for the top 50 United States metro areas one or more times per year, on top of its current, customer-driven, aerial capture. This enhancement to EagleView’s imagery portfolio and analytics is driven by customer demand across multiple industries. “Our goal is to make it …

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First Citizens, Spearmint Energy funding battery storage projects | Solar Financing Spotlight

First Citizens Bank is helping to fund a 200 MW energy storage project in California, while Spearmint Energy has secured tax equity for a 150 MW storage project Texas. Learn more about these initiatives along with other funding news in our latest Solar Financing Spotlight. To start off, First Citizens Bank’s Energy Finance business has served …

First Citizens, Spearmint Energy funding battery storage projects | Solar Financing Spotlight Read More »

Department of Energy commits $1.3 billion to three multi-state transmission projects

DOE will fund the Transmission Facilitation Program projects. November 1, 2023 The Department of Energy (DOE) has announced a $1.3 billion commitment to fund the development of three transmission lines crossing six states. These projects would add a combined 3,500 MW of capacity to the domestic grid, said Gregory Wetstone, president and chief executive officer, …

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