Tag: energy storage
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Kentucky approves utility-scale solar buildout amid retirement of fossil fuel power plants
The Kentucky Public Service Commission (PSC) has approved a major solar energy buildout while also reducing fossil fuel consumption in the state. The PSC issued a landmark decision on Nov. 6 in a case brought by Louisville Gas & Electric and Kentucky Utilities Co. (LG&E-KU). The order will have major long-term impacts not only for……
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Intersect Power energizes 679 MW, 1 GWh Oberon Solar + Storage project in California
Intersect Power LLC has begun commercial operations of its Oberon Solar + Storage project in Riverside County, California. The Oberon project generates 679 MWp/500 MWac of solar energy and features 250 MW/1 GWh of co-located storage. The Oberon project aligns with the priorities of the Inflation Reduction Act (IRA) by using American-made equipment and paying……
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FlexGen streamlines energy storage site upgrade process to meet regulatory standards
Battery energy storage and software provider FlexGen Power Systems Inc. has streamlined its process for upgrading its energy management system to meet the latest utility standards and power market regulations. The company’s solutions enable the successful installation of upgrades for energy storage owners, and helps reduce the average upgrade time by about 75%. The upgrades were completed……
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Agilitas constructs largest NWS energy storage system for Con Edison in NYC
Agilitas Energy has completed construction of the largest standalone, non-wires solution (NWS) energy storage system (ESS) in Con Edison’s New York City and Westchester County service area. The grid-scale project will help the utility company meet peak loads for customers with 4.8 MW and 23.7 MWh of capacity. Located in the Long Island City neighborhood……
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Arevon leverages IRA tax credits to build utility-scale solar peaker project in California
Arevon Energy Inc. is using $529 million package to build the Vikings solar-plus-storage project in Southern California. The project is one of the first utility-scale solar peaker plants in the United States. The company’s innovative financing approach combines the Inflation Reduction Act’s tax credit transferability provisions with traditional debt financing. Arevon has closed financing, securing……