Energy Update
Being a renewable energy operator has become a lot more challenging over the past few years. Gone are the days when an operator could pick a single asset class (wind or solar), sign a long term guaranteed price PPA, and focus on generation only, with no concern about market pricing or energy curtailment.
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NJR Clean Energy Ventures' 4.4 MW floating solar array located in Sayreville, New Jersey (Courtesy: NJR CEV)
Construction is underway on an 8.9 MW floating bifacial solar array at a water treatment facility in New Jersey.
WASHINGTON (AP) — Continuing its push to dramatically boost sales of electric vehicles and support renewable energy sources with storage on the grid, the Biden administration on Monday announced $3.1 billion in funding to U.S. companies that make and recycle lithium-ion batteries.
Contributed by Eric Partyka, Standard Solar
To achieve our nation’s clean energy and carbon reduction goals, we will need to deploy much more solar power. That includes projects of all sizes and in all market segments. We need solar on rooftops and parking lots. We need utility-scale solar plants. And we need to step up deployment in a crucial but underserved market segment, community solar.
The need for community solar
Dominion Energy issued a request for proposals to acquire up to 1.2 GW of renewable energy projects and 125 MW of energy storage projects in Virginia.
WILMINGTON, Del. (AP) — A Delaware court sided with Tesla CEO Elon Musk in a bitter legal battle over whether he acted against the best interest of other shareholders when he steered the electric car maker into a $2.6 billion acquisition of a solar panel maker founded by two of his cousins.
By David Bidwell, University of Rhode Island; Jeremy Firestone, University of Delaware, and Michael Ferguson, University of New Hampshire
The Cabinet Committee on Economic Affairs — chaired by Prime Minister Shri Narendra Modi — has approved the investment of INR45.26 billion ($590.8 million) for construction of the 540 MW Kwar Hydro Electric Project on the Chenab River in Kishtwar district of Union Territory of Jammu and Kashmir, India.
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Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.