Tag: distributed generation
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EDP Renewables inks 15-year PPA with Walmart in Texas
EDP Renewables North America LLC (EDPR NA) and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a portion of a new 180 MWac solar project in Texas. The agreement adds to a long-standing national partnership that includes 431 MW of offtake from both utility-scale and distributed generation sites across North America. Under the new……
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DOE offers $18 million to fund for Flexible Innovative Transformer Technologies
The U.S. Department of Energy has announced an $18 million funding opportunity for Flexible Innovative Transformer Technologies (FITT). Through this funding opportunity announcement, DOE will select up to nine awardees that are able to research, develop and demonstrate advanced transformers across a range of distribution to transmission scale applications, improving grid reliability and easing transformer……
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Nextracker surpasses milestone of 600 projects in its DG solar portfolio
Nextracker marked a new milestone as the company surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon solar tracker systems, the company’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education and manufacturing verticals. “Distributed generation technology……
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Duke Energy to sell distributed generation business to ArcLight for $364 million
Duke Energy is selling its commercial distributed generation business to an affiliate of ArcLight Capital Partners LLC for an enterprise value of $364 million. The purchase agreement includes non-controlling tax equity interests. Duke expects approximately $259 million of proceeds from this transaction, which is subject to certain customary adjustments and will be received upon closing. This is Duke’s……
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Scale Microgrids acquires 23 operating solar projects to expand portfolio
Scale Microgrids has acquired a portfolio of distributed generation solar projects from a leading solar asset owner. The portfolio of operating assets consists of 13 ground-mount and rooftop solar projects, across 23 sites. Through this geographically diverse acquisition made in the fourth quarter 2022, Scale Microgrids will now own and operate assets in New Jersey,……