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Day: October 15, 2024

Illinois energy storage legislation may save ratepayers $30 per month

A pair of proposed bills aimed at improving grid reliability through installing distributed energy resources like rooftop solar is expected to save the electric bill payers $3 billion through 2050. October 15, 2024 Lawmakers in Illinois have submitted a pair of bills, HB5856 and SB3959, to support grid modernization and the encouragement of distributed energy …

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Power Factors taps AI for enhanced solar asset management offerings

Power Factors has announced the availability of Unity Asset Performance Management (APM) and Unity AI Insights, two applications designed to drive operational efficiency and performance optimization for renewable energy stakeholders across the asset lifecycle. These products are available today and represent the next generation of renewable energy management, integrating the best capabilities from Power Factors’ …

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J.P. Morgan and Capital One provide $260 million tax equity financing for solar project

Renewable power producer BrightNight announced it has closed a $260 million tax equity financing commitment for a 300 MW solar project in Pinal County, Arizona. The Box Canyon solar project is jointly owned with Cordelio Power. J.P. Morgan, through one of its affiliates, and Capital One, will provide the tax-equity financing for the project. The …

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Major battery energy storage system in Arizona supports Meta data center

From pv magazine’s ESS News rsted and US utility Salt River Project (SRP) have announced a 300 MW/1.2 GWh BESS in Pinal County, Arizona is online. The 11 Mile Solar Center PV-plus-storage system is the largest in Arizona, with a four-hour duration BESS. Fluence supplied the battery systems, according to a release issued by the …

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New AI-powered solar asset management tool features digital “agent”

Excelsior Energy Capital announced it has entered a multiyear partnership with Proximal Energy, an AI-powered asset management provider for utility-scale solar and energy storage projects. The collaboration will leverage Proximal’s platform to optimize Excelsior’s portfolio of energy storage assets, enabling real-time monitoring and performance enhancement across the firm’s pipeline of 2 GWh of storage projects. …

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EDF plans sheep grazing for vegetation management on 220-MW Ohio solar project

AgriSolar Clearinghouse Today, the Eastern Cottontail Solar Project announced it will implement sheep grazing to assist with vegetation management at its project site, thereby helping to keep the land in agricultural use. The commitment to implementing sheep grazing has been filed as a supplement to Eastern Cottontail Solar’s permit application with the Ohio Power Siting …

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California university installs Paired Power solar EV chargers for electric maintenance vehicles

Paired Power and Santa Clara University have partnered to provide direct clean energy for the first time to the university’s fleet of maintenance and other electric vehicles. Paired Power installed two PairTree solar electric vehicle (EV) chargers at Santa Clara University’s facilities yard. As opposed to typical EV chargers that are powered by the electric …

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Runergy to use SolarCycle solar glass at Alabama solar panel factory

Runergy joins Silfab and Heliene as U.S. solar panel assemblers agreeing to purchase glass made by SolarCycle. SolarCycle will also recycle Runergy panels at its recycling outfits throughout the United States. Runergy just commissioned its 2-GW solar panel manufacturing factory in Alabama, and the company has signed on for 4 GW (30 million m2) of …

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Sunrise brief: California installs 10 GW of utility-scale batteries

Also on the rise: Large utilities plan to replace only half their fossil generation by 2035. Californian city introduces temporary moratorium on battery storage sites. And more. U.S. solar generation strong outside Hurricane Milton’s localized impacts In a weekly update for pv magazine, Solcast, a DNV company, reports that the impact of Hurricane Milton on solar …

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