First Solar Inc., a global provider of photovoltaic (PV) solar solutions, has entered into a purchase and sale agreement with Leeward Renewable Energy Development LLC under which Leeward will acquire a utility-scale solar project platform of approximately 10 GW from First Solar AC. The transaction is expected to close in the first quarter after regulatory … Read more
The cost of solar energy has fallen 90% in the past two decades and is expected to decrease by another 15% to 25% over the next decade, according to a recent report by Wood Mackenzie. By 2030, the company said solar will be the cheapest new source of power in every state, Canada, China, and … Read more
FirstEnergy Corp., an Ohio-based electricity company, is launching a Call for Proposals (RFP) to purchase 137,000 Solar Photovoltaic Credits (SPAECs) per year over a period of two years on behalf of three FirstEnergy Pennsylvania utilities – Pennsylvania Power Co. (Penn Power), Pennsylvania Electric Co. (Penelec), and Metropolitan Edison Co. (Met-Ed). The RFP process is run … Read more
In Australia, solar panels will produce the most energy over the course of a year if facing north. This is especially important in winter when the sun is lower in the northern sky. Technically, the panels should be tilted north for maximum performance. However, by tilting the panels, the performance is basically only shifted from … Read more
In North Carolina, solar energy continued to grow in 2020. More Duke Energy customers are using solar energy than ever before. In 2020, approximately 5,500 Duke Energy customers installed private solar systems in their homes and businesses as a result of the company’s $ 62 million five-year solar rebate program, which helps cover the significant … Read more
EDP Renewables North America LLC (EDPR NA), a Houston-based company that develops, builds, owns and operates wind farms and solar parks throughout North America, has acquired a controlling interest in C2 Omega LLC, C2 Energy Capital’s distributed solar platform LLC (C2). The new company, EDPR NA Distributed Generation LLC (GD EDPR NA DG), will be … Read more
No, in Australia a solar system without integrated battery storage switches off in the event of a power failure. There are two reasons why your solar system shuts down when the grid goes down: Safety: During a power outage, repair teams work to fix the grid to restore power. To avoid a hazard, it is … Read more
Pine Gate Renewables, a fully integrated utility-scale solar development company, has closed funding for a new 12 project fund for solar and Solar + storage in North Carolina. The projects in the fund will sell electricity under long-term contracts to Duke Energy Progress, Duke Energy Carolinas and Halifax EMC. Crestmark, a division of MetaBank, provided … Read more
Infrastructure and Energy Alternatives Inc. (IEA), an infrastructure construction company with renewable energy and civil expertise, has won a 100 MW AC solar contract to build the Lumpkin solar farm in Stewart County, Ga. Silicon Ranch Corp., an independent solar power producer based in Nashville, has awarded IEA Constructors, an IEA subsidiary that manages utility-scale … Read more
Duke Energy and Firestone Walker Brewing Co. have completed one of the largest on-site solar systems in the craft beer industry – a 2.1 MW solar system and 281 kW solar carport on approximately 10 acres in Paso Robles, California. “REC Solar and Duke Energy Renewables were solid partners during this process,” says David Walker, … Read more
