California activates $2 billion solar and energy storage facility
The Eland project will deliver about 7% of Los Angeles’s electricity.
https://t.co/kizE90uPLC
The US Inflation Reduction Act (IRA), which was signed into law in August 2022, will accelerate the development of hydrogen and carbon capture and storage (CCS) projects, which in many cases will go together. https://t.co/vw3N1yonFM
Boralex has completed the acquisition of a 50% stake from EDF Renewables in five operating wind farms totalling 894MW in the US.
https://t.co/iAezKAomjt
GridStor, a developer and operator of grid-scale battery energy storage systems, announced the acquisition of a portfolio of storage projects currently in development in the greater Los Angeles area from Upstream Energy of San Diego. https://t.co/5q9fW1SRbq
The Department of the Interior announced that the Bureau of Ocean Energy Management (BOEM) will publish a proposed rule to update regulations for clean energy development on the U.S. Outer Continental Shelf (OCS). https://t.co/UeSiRoMBtm
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Strata Clean Energy (Strata), a nationwide provider of utility-scale clean energy projects, today announced its acquisition of Phoenix-based Crossover Energy Partners (Crossover), a clean energy solutions company. https://t.co/tKlDlmvbQe
Arevon Energy, Inc. has secured a pre-NTP bridge loan facility from KeyBank N.A. and Morgan Stanley for the Eland 2 solar-plus-storage power plant in Kern County, California. Eland 2 is a 310 MW solar power plant with 150 MW/600 MWh of storage. https://t.co/ZJqXacdT7q
Arevon Energy, Inc. has secured tax equity financing and construction-to-term debt to finance the Eland 1 solar-plus-storage power plant in Kern County, California.https://t.co/zIPvwVn5DO
The Midwest grid operator approved 18 new high-voltage transmission lines yesterday, setting the stage for adding 53 gigawatts of renewable energy to the grid. https://t.co/HAJh8kn7Mt
The U.S. Department of Energy aims to build up domestic production of solar panels, electric transformers, heat pumps, insulation and hydrogen-related equipment under the Defense Production Act, or DPA, determinations issued Monday by the White House.
https://t.co/21byKovc7q
President Joe Biden will declare a 24-month tariff exemption on Monday for solar panels from four Southeast Asian nations after an investigation froze imports and stalled projects in the United States, sources familiar with the matter told Reuters. https://t.co/HbQABHmrAK
https://t.co/gvrlRw0dlE The California Energy Commission (CEC) on Wednesday approved $10.5 million in funding to renovate the Port of Humboldt Bay in Northern California to prepare it for offshore wind development.
Connecticut’s Public Utilities Regulatory Authority (PURA) launches Energy Storage Solutions, a statewide electric storage program for all Eversource and United Illuminating (UI) residential, commercial, and industrial customers. https://t.co/tJRHKhmVke
The Department of the Interior today announced the results of the nation’s highest-grossing competitive offshore energy lease sale in history, including oil and gas lease sales, with the New York Bight offshore wind sale.https://t.co/I0cd892S1v
The 300-megawatt (MW) project named Nighthawk is being developed by Tenaska in collaboration with Arevon and will use Tesla Megapack. Pending permitting approvals, the project in Poway is expected to break ground in 2023.https://t.co/3QNRbSpdpQ
“It’s a great opportunity to address climate needs in ways that reduce environmental and social impacts, and that’s why we’re looking at this hard,” said Nels Johnson, the North America director of renewable energy for the nonprofit the Nature Conservancy. https://t.co/tqueOpD2MS
The US Bureau of Ocean Energy Management (BOEM) announced actions in the process towards potential offshore wind leasing in the Gulf of Mexico and northern California in January.https://t.co/3fmav13Vop
The Massachusetts Department of Public Utilities issued an order expanding the Solar Massachusetts Renewable Target (SMART) program from 1,600 to 3,200 megawatts (MW) of solar capacity, allowing dozens of solar projects to move forward.https://t.co/Ez7CLBbCCQ
New York Gov. Kathy Hochul announced plans to double the state's energy storage deployment target from 3 GW to at least 6 GW by 2030 as part of a suite of clean energy announcements. https://t.co/AX8ZJyZrm0
State energy officials reached power purchase agreements for over 1,200 megawatts of electricity from one Massachusetts project, known as Commonwealth Wind, and for 400 megawatts from a second project that is already under development, Mayflower Wind.https://t.co/0nkqquYZv5