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Verizon issues $1 billion green bond with proceeds going toward renewable energy investments

Verizon Communications Inc. settled its fourth green bond offering of $1 billion, with the net proceeds expected to be allocated entirely toward renewable energy investments. This is the fourth green bond issued by Verizon since 2019, for a total of $4 billion. Verizon made use of its second green bond, which was issued in 2020, …

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Staff Working

Solar Tsunami: Solar PV grows 26% again – stays exponential as it blows past 4% of US electricity in 2021

Solar continues its march to take over the US electricity system, as five states meet more than 10% of in-state demand with solar PV, while another six states more than doubled their solar generation. February 28, 2022 Solar photovoltaics represented over 4% of the electricity generated in the United States in 2021, according to the …

Solar Tsunami: Solar PV grows 26% again – stays exponential as it blows past 4% of US electricity in 2021 Read More »

Shipping Container

Auxin antidumping case “an affront to the industry” said leading solar developer

SOLV Energy CEO George Hershman joined pv magazine to offer his view on the antidumping/anti-circumvention case. February 28, 2022 Earlier this February, a new round of antidumping/anti-circumvention (AD/CVD) cases were filed against Malaysia, Thailand, and now Cambodia. A small US-based panel assembler, Auxin Solar, with about 120MW in development capacity in the US added its …

Auxin antidumping case “an affront to the industry” said leading solar developer Read More »

Solar Plates

Honeywell batteries deployed at Hecate Energy utility-scale solar and storage project

The 50MW solar project will use 20MW/80MWh battery energy storage. February 28, 2022 Hecate Energy is developing a 50MW solar project in New Mexico, set to be fit with a Honeywell-designed battery energy storage system (BESS) sizing 20MW/80MWh. The project, located in the northern part of the state, is expected to be capable of power …

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River start Construction

Renewable energy accounted for 21% of US electrical generation in 2021

Solar maintained its place as the country’s fastest-growing electrical resource, while widespread droughts caused hydropower to fall and coal saw a brief resurgence. February 28, 2022 In its latest analysis of the Federal Energy Regulatory Commission’s (FERC) Energy Infrastructure Update and the U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook, the SUN DAY Campaign, a non-profit research and …

Renewable energy accounted for 21% of US electrical generation in 2021 Read More »

Standard Solar acquires solar projects in Maine and Massachusetts

The acquisitions bring Standard Solar’s owned assets above 20MW in Massachusetts and above 50MW in Maine. February 25, 2022 Standard Solar announced that it has acquired from EDF Renewables a solar and storage project developed on an EPA Superfund site in Acton, Massachusetts. The project is the 4.69MW/4MWh Lawsbrook Solar + Storage project, and it’s …

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CellCube secures long-term supply of vanadium redox flow battery electrolyte

US Vanadium announced an expanded purchase agreement under which Austrian-based Enerox, which sells vanadium redox flow battery (VRFB) systems under its brand name CellCube, can purchase up to 3 million additional liters/year of US Vanadium’s ultra-high-purity electrolyte with a price cap over the next five years. The agreement boosts the initial purchase agreement for 580,000 …

CellCube secures long-term supply of vanadium redox flow battery electrolyte Read More »

Orbital Energy begins construction on 130MW Alabama solar facility

Orbital will also build the requisite substation for the facility. The Houston-headquartered energy company has operations in power transmission, natural gas, telecom, and solar. February 25, 2022 Orbital Energy Group’s subsidiary, Orbital Solar Services (OSS), and its joint venture partner Jingoli Power announced the two have begun construction on a 130MW solar engineering, procurement, and …

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