Tag: SOLV Energy
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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……
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Construction begins on 200 MW San Juan solar + storage project in N.M.
D.E. Shaw Renewable Investments (DESRI), in partnership with Public Service Company of New Mexico (PNM) and SOLV Energy, recently celebrated the groundbreaking of the San Juan 1 project. The project is a 200 MWac solar and 400 MWh storage facility located in Farmington, New Mexico. “In the face of numerous headwinds facing the industry over the last……
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D.E. Shaw begins construction on 200 MWac San Juan solar+storage project in N.M.
D.E. Shaw Renewable Investments (DESRI) has closed on financing and started construction on its San Juan 1 project, a 200 MWac solar and 100 MWac battery storage facility adjacent to the former San Juan Generating Station in San Juan County, New Mexico. The project is a critical capacity replacement to the San Juan Generating Station,……
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Lightsource bp energizes 152.5 MW solar farm in Indiana with Verizon signed on as offtaker
Lightsource bp has begun commercial operation of its 152.5 MWac / 173 MWdc Bellflower Solar project, located about 40 miles east of Indianapolis in Henry and Rush counties, Indiana. Lightsource bp developed, financed and will own and operate the solar farm, and has entered into a virtual power purchase agreement with Verizon with respect to……
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Jackpot! Duke Energy begins operation of Idaho’s largest solar plant
Duke Energy Sustainable Solutions has placed into commercial operation the 120 MW Jackpot Solar project in Twin Falls County, Idaho. This is the organization’s first utility-scale renewable energy project in the state and is the largest solar facility in operation in Idaho. It will provide energy to Idaho Power through a 20-year power purchase agreement……