Tag: utility-scale
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BP begins construction on new utility-scale solar project in Ohio
BP has begun construction on the 134 MWdc Arche Solar project in Fulton County, Ohio. Arche is expected to create around 200 U.S. jobs across the supply chain during construction and provide more than $30 million in revenue to benefit local schools and other public services over the life of the project. BP has secured a power-purchase agreement (PPA)……
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iSun Inc. completes $16.4 million transaction of solar development project
Williston, Vermont-based iSun Inc. has agreed to sell a 7 MW solar asset valued at approximately $4.8 million in connection with the execution of an $11.6 million EPC contract for a total revenue of $16.4 million. The transaction represents the first sale of an asset that iSun fully developed internally, showcasing the company’s project origination……
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Malta to deploy long-duration energy storage in Orlando
The Orlando Utilities Commission (OUC) is exploring Malta Inc.’s long-duration energy storage power plant to help achieve the utility’s net-zero carbon emission goals. Malta’s storage solution converts excess electricity into thermal energy that is stored in salt and coolant. When needed, the plant regenerates gigawatt hours of electricity for residential and commercial use. “Malta is……
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Silicon Ranch raises $600 million in equity to cap record year
Nashville-based Silicon Ranch Corp. has raised another $600 million in equity to fund company growth and support future capital investments in rural communities across the United States. The initial funding of $375 million closed in December 2022, with an additional $225 million expected to fund in early 2023. Combined with $775 million raised in early……
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NRG Systems provides monitoring solutions for Canada’s largest solar farm
Hinesburg, Vermont-based NRG Systems Inc. has provided Solar Resource Monitoring (SRM) Systems to the 465 MW Travers Solar Project in Alberta, Canada. The turnkey systems capture a range of site-specific parameters, including solar irradiance, module temperature and soiling conditions, as well as albedo, a vital piece in determining the solar energy potential available to the backside……