Category: Green & Clean
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GlobalData: Proposed ITC extension could bump solar, wind over 25% share of installs
The proposed Investment Tax Credit (ITC) extension is greatly welcomed by power industry associations and developers. Cost-effectiveness is better observed in these large-scale utility projects, as they achieve break-even faster – as the generation is bartered for the long term. Hence, GlobalData expects that rejection of the extension would greatyRead More — Solar Builder magazine
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Soltage, Basalt invest in 28-MW solar portfolio across New Jersey, Illinois, South Carolina
Independent power producer Soltage LLC and infrastructure equity investment fund Basalt Infrastructure Partners are investing in a 28-MW solar portfolio that includes 10 solar projects located in New Jersey, Illinois and South Carolina. All projects are under construction and will be placed in service in 2020 and 2021.The investment was funded byRead More — Solar Builder magazine
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How the lack of a common interconnection rule affects solar installers, customers
The inherent nature of energy storage systems (ESS) can become an issue at the time of interconnection in cases in which it is not classified under “generator.” Without this simple addition to the interconnection rules of the utility, longer and costlier procedures for the interconnection of an ESS may beRead More — Solar Builder magazine
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sPower closes on $700M for Spotsylvania Solar Energy Center in Virginia
sPower, a renewable energy Independent Power Producer (IPP), closed on $700+ million construction / term loan financing for Spotsylvania Solar Energy Center in Spotsylvania County, Va. At 620 MWdc, this is the largest solar project east of the Rockies. The project is currently under construction, with phases coming online thisRead More — Solar Builder magazine
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Optimizing solar + storage for backup operation
The interest in and adoption of residential storage in the US has grown at a healthy pace in the last few years. Guidance on how to size a system, particularly for AC coupled storage solutions, is a common request from installers with customers interested in adding storage. Few areas inRead More — Solar Builder magazine