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Day: November 19, 2024

SEIA: US corporations set new solar + storage deployment records

The Solar Energy Industries Association (SEIA) is reporting that U.S. corporations are commissioning record levels of solar and energy storage, according to the organization’s annual “Solar Means Business” report. “Some of the largest industrial and data operations in the world continue turning to solar and storage as a reliable, low-cost way to power their operations,” …

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Xcel Energy completes first phase of 710-MW Minnesota solar project

Xcel Energy is now delivering carbon-free electricity from one of the country’s largest solar projects to customers across the Upper Midwest, representing a significant milestone in the company’s clean energy transition and the first of several major investments at the Sherco site in central Minnesota. “Our progress at Sherco Solar shows we’re not just talking …

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A fast interconnection process like that used in Texas is widely supported

Texas is quickly adding solar, wind and storage to its grid by using a relatively simple interconnection process, and now 24 industry participants have expressed support for the use of a similarly streamlined process across the nation. November 19, 2024 Twenty-four industry participants support a more flexible interconnection process similar to the “connect and manage” approach …

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Final rules on direct pay expand access to clean energy tax credits

The U.S. Department of the Treasury and the IRS released final regulations designed to help entities access clean energy tax credits through elective pay, also known as direct pay. Direct pay makes certain clean energy tax credits refundable as direct payments for entities, such as non-profits, that don’t have the tax liability to make use of credits. …

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Salt River Project and Flatland Storage plan 200-MW BESS in Arizona

Salt River Project (SRP) and Flatland Storage, a subsidiary of EDP Renewables North America (EDPR NA) have entered into an agreement to provide 200 MW of new energy storage to Arizona’s grid. The Flatland Energy Storage Project will be a 200-MW/800-MWh battery energy storage system located near Coolidge, Arizona. The project will use Tesla lithium-ion …

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Adapture Renewables completes 14.6-MW Virginia solar project

Adapture Renewables has announced the completion and commercial operation of Rivanna Solar, a new 14.6-MW solar project in Charlottesville, Virginia. Rivanna Solar is the company’s first project in Virginia and within Dominion Energy’s and PJM’s territories. Power demand in Virginia is growing at higher levels than any time since World War II, in large part …

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Sunnova building solar + storage microgrid for Penobscot Nation in Maine

The Penobscot Nation selected Sunnova Energy International to deploy a 500-kW battery energy storage system (BESS) for the tribe’s community and commerce facilities. This BESS will better prepare Maine’s electrical grid to withstand adverse weather. The system will capture excess solar production estimated at 549,678 kWh per year and provide resiliency enabled by load management. …

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Looming Trump tariffs drive rush on imports, push shipping costs higher

From pv magazine Global Xeneta, a Norwegian ocean and freight rate benchmarking platform, has warned that container shipping spot rates could rise due to Donald Trump’s recent re-election as the next U.S. president. “Trump has vowed blanket tariffs of up to 20% on all imports into the US and additional tariffs of 60% to 100% …

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Solar developer secures $145 million solar-plus-storage project in New Mexico

National Renewable Solutions secured the funding from Deutsche Bank for Shallow Basket, a 140 MW solar and 50 MW storage project that will benefit Jicarilla Apache Nation. November 19, 2024 National Renewable Solutions, a U.S.-based renewable energy developer, owner and operator, has closed $145 million in project financing from Deutsche Bank for the 140 MW …

Solar developer secures $145 million solar-plus-storage project in New Mexico Read More »

Final IRA direct pay rules allow co-owned solar projects to collect benefits

Today, the U.S. Department of the Treasury and the IRS released final regulations for the direct pay provisions in the Inflation Reduction Act that will help entities that co-own clean energy projects access clean energy tax credits. Prior to the Inflation Reduction Act, many entities — like state and local governments, Tribes and territories, public school …

Final IRA direct pay rules allow co-owned solar projects to collect benefits Read More »

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