Energy Update

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American Electric Power subsidiary Southwestern Electric Power Company announced plans to acquire three renewable energy projects totaling 999 MW. If approved by regulators, the projects would represent a $2.2 billion investment.

SWEPCO expects to issue another request for proposal (RFP) in the near term for additional renewable energy consistent with the company’s integrated resource plan for its energy and capacity needs.

Duke Energy and several rooftop solar installers in North Carolina have reached an agreement on proposed changes to net energy metering policy.

A 73 MW solar project has reached commercial operation in California’s Central Valley.

Located in Tulare County, the Luciana Solar Project is expected to generate enough clean power equivalent to the needs of 20,000 California homes.

East Bay Clean Energy (EBCE) is procuring the power generated by the project through a 15-year power purchase agreement. The project was developed by Idemitsu Renewables.

The Biden administration has outlined the terms for California's first offshore wind lease auctions.

The Proposed Sale Notice includes three proposed lease areas in the Morro Bay Wind Energy Area off central California and two proposed lease areas in the Humboldt Wind Energy Area off northern California.

Solar Edge has opened a new battery cell facility in South Korea to meet growing demand.

The manufacturer of solar PV inverters and battery storage solutions will add 2 GWh of battery cell production capacity with the addition of the “Sella 2” facility in the Eumseong Innovation City of Chungcheongbuk-Do, South Korea.

Sella 2 is currently producing test cells for certification, with ramp-up expected during the second half of 2022, the company said.

CPS Energy has reached agreement with Consolidated Edison Development Inc. for a 300 MW solar project to be located in Goliad County, Texas, as the first part of its FlexPOWER Bundle initiative.

Have you ever thought about what would happen if a power station failed? Without electricity to bring itself back online, it would be near impossible for a station to begin operating again, like trying to set fire to paper without a flame.

This scenario would quickly lead to widespread chaos, with hospitals and schools plunged into darkness, refrigeration, and sanitation seriously hampered and transport systems brought to a standstill.

Silicon Ranch, one of the nation’s largest independent power producers, and Nextracker, a provider of integrated solar tracker and software solutions, have announced a master supply agreement (MSA) to deliver 1.5 GW of Nextracker’s solar tracker technology to Silicon Ranch projects through 2024, with options to expand as Silicon Ranch’s portfolio grows.

Contributed by Greg Van Houten, Haynes Boone

(Thu, 26 May 2022) On May 25, 2022, we published a STEO supplement that analyzes how the extended drought in California could cut the state’s summer electricity generation from hydropower nearly in half compared with normal precipitation conditions.

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