Broad Reach Power, a Houston-based independent power producer (IPP), has acquired a 250 MW wind project and a 250 MW solar project – both located in Montana. “I am looking forward to developing these projects as we continue investing in Montana,” says Daniel Zolnikov, power developer at Broad Reach. “Once completed, these projects will provide … [Read more...] about Broad Reach Power Adds Montana Solar Project to Portfolio
Ormat Acquires Shovel-Ready Texas Energy Storage Project
Ormat Technologies Inc. has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. Ormat acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate the 25 MW battery energy storage system (BESS) project. The project is co-located with an … [Read more...] about Ormat Acquires Shovel-Ready Texas Energy Storage Project
Con Edison, 174 Power Global Developing Queens Battery Storage Project
Con Edison and 174 Power Global have entered an agreement to install the largest battery storage project in New York on an industrial site in Astoria, Queens. The battery will be able to discharge 100 MW of electricity. 174 Power Global, which specializes in renewable energy projects, will build and own the battery system off 20th Avenue near the East River on land owned by the … [Read more...] about Con Edison, 174 Power Global Developing Queens Battery Storage Project
DOE Allots Funding to Advance Solar Tech
The U.S. Department of Energy (DOE) says it is investing up to $45 million in research to advance solar hardware and systems integration – including the creation of a consortium dedicated to developing control technologies for a modernized electric grid. While solar makes up 3% of U.S. electricity, that amount is expected to reach 18% by 2050 – requiring an increase … [Read more...] about DOE Allots Funding to Advance Solar Tech
NIPSCO, Capital Dynamics Ink Solar PPA
Northern Indiana Public Service Co. LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, have signed a long-term power purchase agreement (PPA). Under the terms of the PPA, NIPSCO will purchase 280 MW of the power generated by a CEI-owned greenfield solar … [Read more...] about NIPSCO, Capital Dynamics Ink Solar PPA