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Month: October 2024

Bridge Renewable Energy and WATTMORE collaborate on Nebraska energy storage project

Eos Bridge Renewable Energy, a subsidiary of Bridge Investment Group Holdings, and WATTMORE, an energy storage energy management system software and service provider, announced they have signed an agreement with Nebraska utility Lincoln Electric System to develop and build a 3-MW/12-MWh energy storage project that will strengthen the local electric grid, support an existing community …

Bridge Renewable Energy and WATTMORE collaborate on Nebraska energy storage project Read More »

Cincinnati Zoo powers up solar parking canopy system

Melink Solar has completed construction on a solar array at the Cincinnati Zoo and Botanical Garden in Ohio. The 2.8-MW solar parking canopy project uses a Terrasmart racking system, with the Gibraltar Industries company also helping with mechanical installation. “Executing this project for the Cincinnati Zoo aligns deeply with our mission to build sustainability for …

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Sunrun and New York utility embark on residential virtual power plant

In coordination with Orange and Rockland Utilities, the VPP program makes 300 solar-plus-storage systems available for grid stability. October 23, 2024 California-based clean energy developer Sunrun has activated a residential solar virtual power plant (VPP) program in New York’s Orange and Rockland Utilities (O&R) service area that features more than 300 solar-plus-storage installations. Under this …

Sunrun and New York utility embark on residential virtual power plant Read More »

Kentucky women’s shelter expands ground-mount solar portfolio

The Buckhorn Children and Family Services – Rogers Cottage Recovery House, a 12-bedroom inpatient rehabilitation facility for adult women in Perry County, Kentucky, is taking a significant step towards environmental sustainability by doubling the size of its solar array. With the addition of a new 26.9 kW array, the system now totals 47.4 kW. This …

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Tribal fund will support predevelopment costs for 2-6 GW of solar on tribal lands

A tribal clean energy fund has raised $30 million to fund predevelopment costs for solar projects on tribal lands. Meeting predevelopment milestones will enable tribal communities to apply for federal loan support to complete the projects. October 23, 2024 The Alliance for Tribal Clean Energy has raised more than $30 million in pledges from major …

Tribal fund will support predevelopment costs for 2-6 GW of solar on tribal lands Read More »

Over $3.1 billion in tax credits for solar, storage, and hybrid projects transferred

Crux’s latest Q3 2024 market update reveals large project tax credit premiums, with significant volumes from energy storage and hybrid solar power plants – and even nuclear power in the mix. October 23, 2024 The tax transfer and equity market is on track to exceed $40 billion in 2024, with tax credit transfers specifically projected …

Over $3.1 billion in tax credits for solar, storage, and hybrid projects transferred Read More »

Tax credits announced for solar ingot and wafer manufacturing

New incentives support solar manufacturers and encourage the domestic buildout of the earlier stages of the solar supply chain. October 22, 2024 The Inflation Reduction Act of 2022 sets forth demand and supply-side incentives to encourage solar manufacturing within the U.S. in the form of production tax credits for manufacturers and investment tax credits for project developers …

Tax credits announced for solar ingot and wafer manufacturing Read More »

Generac tapped to provide microgrid backup power for California water utilities

Generac Holdings announced it has been selected to enter into negotiations by the Department of Energy (DOE) to receive an award for a grant of $50 million as part of the DOE’s Grid Resilience and Innovation Partnership (GRIP). Established by the Bipartisan Infrastructure Law, the Grid Resilience and Innovation Partnerships (GRIP) Program is a $10.5 …

Generac tapped to provide microgrid backup power for California water utilities Read More »

Developer bolsters 1.3 GW Vista Sands Solar proposal with detailed benefits analysis

Doral Renewables turns to research firm to show public health, ecosystem and economic benefits. October 22, 2024 Renewable energy companies and developers are running into public opposition to their projects based on a number of factors, such as cost, land use and proximity to communities. Proactive owners and developers are learning to put the health, …

Developer bolsters 1.3 GW Vista Sands Solar proposal with detailed benefits analysis Read More »

Solar wafer manufacturing qualifies for 25% CHIPS ITC

In addition to qualifying for various credits established in the Inflation Reduction Act, silicon ingot and wafer manufacturing operations for the solar industry can take advantage of the 48D Advanced Manufacturing Investment Credit (CHIPS ITC) created in the CHIPS and Science Act. Final rules for the CHIPS ITC were released today by the Treasury Dept., …

Solar wafer manufacturing qualifies for 25% CHIPS ITC Read More »

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