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Month: October 2024

LPO announces $861 million loan guarantee for two large Puerto Rico solar + storage installs

As part of the Biden-Harris administration’s Investing in America agenda, the U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), announced a $861.3 million loan guarantee to finance the construction of two solar photovoltaic (PV) farms equipped with battery storage and two standalone battery energy storage systems (BESS) in Puerto Rico. The facilities …

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CPUC Awards $41 Million in Grants for Broadband Projects Across California

SAN FRANCISCO– The California Public Utilities Commission (CPUC) today approved $41 million in the seventh round of grants for last mile broadband projects as part of the $2 billion Last Mile Federal Funding Account grant program, which expands broadband internet access for underserved and unserved communities across California. This continues a rolling process of awards …

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Grid defection is profitable in some solar-rich U.S. locations

Researchers from Canada’s Western University assessed eighteen case studies across thirteen US states and found in areas an economic case for disconnecting from the electricity grid in some areas with high solar irradiation and high electricity rates. They say economic grid defection and utility death spirals are becoming salient issues in the U.S. October 17, …

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EDPR NA completes two community solar projects in upstate New York

EDPR NA Distributed Generation has announced the completion of the Morgan East and Morgan West community solar projects in Clay, New York. Located near Syracuse, the Morgan East Solar Park generates 4.5 MWAC in part for PaperWorks Industries, while Morgan West Solar Park generates 5 MWAC in part for QubicaAMF Worldwide and Sabin Metal Corporation. …

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A look at next generation battery cells

From ESS News We are in the midst of a battery revolution. Multiple layers of intertwined learning curves are converging, driving substantial market changes: falling prices, advancing technology, and scaling capacities. These elements are combining to produce ever greater technological wonders. A recent exhibition by Cornex at RE+ in Anaheim prominently featured a key aspect of this revolution: prismatic …

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14 Public Storage properties in Minnesota get solarized

New Energy Equity has completed 14 solar project in Minnesota for Public Storage. Public Storage has committed to installing solar on over 1,300 of its properties by 2025. “We are thrilled to have partnered with Public Storage on these important projects,” said Nick Kerwin, Senior Vice President at New Energy Equity’s Commercial and Industrial division. …

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Solar corporate funding down 23% so far this year

Total corporate funding in the solar industry reached $22.3 billion over the first nine months of 2024, representing a 23% year-on-year decrease. Mercom Capital Group says that while global uncertainties are affecting investor confidence, an increase in debt financing and resilience in newly-announced large-scale project funding remain bright spots for the sector. October 17, 2024 …

Solar corporate funding down 23% so far this year Read More »

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