Energy Update
The Biden administration is taking steps to spur clean energy development on public lands.
With the goal of developing 25 GW by 2025, the Department of the Interior will implement a new policy that reduces rents and fees charged for wind and solar projects.
Borrego has spun off and sold its solar and energy storage development business to maximize its focus on engineering, procurement, and construction (EPC) work.
Energy transition investment firm ECP will take over Borrego's development business, staff, and project pipeline of over 8.4 GW of solar and 6.4 GW/25 GWh of energy storage.
The Dept. of Energy has launched an initiative that aims to accelerate the deployment of clean energy by reducing delays and costs associated with connecting projects to the grid.
By Marriele Mango and Abbe Ramanan, Clean Energy Group
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.
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