Category: Big Moves America

Entergy and NextEra to develop up to 4.5 GW of solar energy storage projects

Entergy and NextEra to develop up to 4.5 GW of solar energy storage projects

June 7, 2024 | , , ,

Entergy and NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc. have entered into a joint development agreement to develop up to 4.5 GW of new solar generation and energy storage projects.As per the company’s statement, the agreement will help Entergy provide renewable energy to more than 3 million customers in Mississippi, Arkansas, Louisiana and Texas. Furthermore, it is a five-year joint development agreement.

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Steep tariff hikes in the US on Chinese solar cells and EV batteries

Steep tariff hikes in the US on Chinese solar cells and EV batteries

May 15, 2024 | , , ,

President Biden, on May 14, 2024, announced significant tariff hikes in tariffs of solar cells, lithium-ion EV batteries, EVs, critical minerals and some other products that originate in China. He has directed his Trade Representative to increase tariffs of certain products under Section 301 of the Trade Act of 1974, that amount to $18 billion of imports from China. This decision comes after a review conducted by the Trade Representative under section 301 of the Trade Act of 1974 on China’s practices related to technology transfer, intellectual property, and innovation (section 301 investigation).

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Meta and Solarpack partner on two solar projects in Indiana

Meta and Solarpack partner on two solar projects in Indiana

May 10, 2024 | , ,

Meta in collaboration with Solarpack, is set to build two solar projects in Indiana. This partnership supports its recent $800 million data center investment in Indiana. By signing long-term Environmental Attribute Purchase Agreements, Meta is paving the way for renewable energy procurement to power its operations in Indiana. Under the agreement, Meta will purchase the output from Solarpack’s two solar projects in Indiana totaling 210 MW (280 MWdc). 

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Energy Vault and NV Energy commission battery storage in US

Energy Vault and NV Energy commission battery storage in US

April 26, 2024 | , ,

Energy Vault Holdings, Inc. and NV Energy have announced the successful completion and commencement of commercial operations for the Reid Gardner Battery Energy Storage System (BESS) located in Moapa, Nevada. It is constructed on the grounds of a retired coal-fired power plant. This grid-connected BESS boasts a capacity of 220 MW/440 MWh, capable of storing renewable energy such as solar and wind power for up to two hours.

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RWE joins forces with WhiteRock to develop gigawatts of US renewable

RWE joins forces with WhiteRock to develop gigawatts of US renewable

April 10, 2024 | , , ,

RWE Clean Energy has formed a strategic partnership with renewables developer WhiteRock Renewables (WhiteRock) to scale-up the expansion of RWE’s onshore wind, solar, and energy storage development pipeline in the US. The company is aiming for record growth in the US. This partnership with WhiteRock will help RWE progress on its expansion goals in the US. WhiteRock expects to create and develop 4 to 5 GW of onshore wind, solar, and battery energy storage system (BESS) projects.

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Excelsior inks 2 GW solar panels supply agreement with Heliene

Excelsior inks 2 GW solar panels supply agreement with Heliene

April 10, 2024 | , ,

Excelsior Energy Capital, a renewable energy infrastructure investor, has inked a multiyear agreement to buy 2 GW of solar modules from Heliene. A majority of the panels supplied by Heliene are expected to be manufactured in the United States. They will primarily be produced at an existing Heliene factory in Mountain Iron, Minnesota and at a new factory the company plans to build in the Greater Minneapolis-St. Paul area.

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Prevalon Energy secures contract for BESS project from Idaho Power

Prevalon Energy secures contract for BESS project from Idaho Power

April 2, 2024 | , ,

Idaho Power has chosen Prevalon Energy, a Mitsubishi Power Americas subsidiary, for a four-hour battery energy storage system (BESS) project with a maximum capacity of 328 MWh in Idaho. The project is planned in accordance with Idaho Power’s plan to include over 5 GW of electricity generated from solar and wind farms over the course of the next 20 years.

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Virginia regulators approve Dominion Energy solar projects

Virginia regulators approve Dominion Energy solar projects

April 1, 2024 | , ,

Virginia authorities have approved Dominion Energy Inc’s plans to add 764 MW of solar generating capacity to its fleet in the state through new installations, acquisitions, and off-take partnerships. Dominion has been given permission by the Virginia State Corporation Commission (SCC) to execute 13 power purchase agreements (PPAs) for 435 MW of independently owned projects. Contracts will be signed for projects chosen through a competitive process.

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Shell sells US offshore wind project stake to Ocean Winds

Shell sells US offshore wind project stake to Ocean Winds

March 21, 2024 | , ,

Shell New Energies US LLC, a subsidiary of energy giant Shell PLC, has divested its 50% equity share in the SouthCoast Wind Energy LLC offshore wind joint venture to its partner Ocean Winds North America LLC. SouthCoast Wind is a 50-50 joint venture originally formed between Shell and Ocean Winds in 2018 to develop offshore wind projects off the coast of Massachusetts. With this deal, Ocean Winds now takes full ownership of the venture.

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Microsoft to buy power from 110 MW solar project in Illinois

Microsoft to buy power from 110 MW solar project in Illinois

March 19, 2024 | , ,

EDP Renewables North America (EDPR NA) and Volt Energy Utility have recently announced a 110 MW solar project in Illinois, sponsored by software giant Microsoft Corp. The partnership is commencing the development of Hickory Solar Park near Jerseyville, Illinois. Microsoft and Volt Energy have designed an environmental justice power purchase agreement (EJ PPA) form, and Microsoft will purchase power and renewable energy credits (RECs) from the project for a period of 15 years.

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Scatec, Hydro Rein and Equinor commission Mendubim solar plant in Brazil

Scatec, Hydro Rein and Equinor commission Mendubim solar plant in Brazil

March 11, 2024 | , , ,

Scatec ASA, together with its partners Hydro Rein (part of Norsk Hydro ASA) and Equinor ASA, has announced the supply and production of electricity from the Mendubim solar plant in the state of Rio Grande do Norte, Brazil.  The 531 MW solar plant, comprising several projects, represents Scatec’s second venture in Brazil and is a collaborative effort with Norwegian partners Equinor and Hydro Rein.

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Chevron to set up solar-to-hydrogen production project in US

Chevron to set up solar-to-hydrogen production project in US

March 5, 2024 | , , ,

Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5 MW hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilising solar power, land, and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field in Kern County. Reportedly, this low carbon intensity (LCI) electrolytic hydrogen will be produced through electrolysis, which is the process of using electricity to split water into hydrogen and oxygen.

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ENGIE completes $1 billion equity financing for 1.3 GW renewables in the US

ENGIE completes $1 billion equity financing for 1.3 GW renewables in the US

February 29, 2024 | , ,

ENGIE North America has announced that it has secured more than $1 billion of tax equity financing, through separate agreements with three banks, J.P. Morgan, Goldman Sachs and BNP Paribas. The financing pertains to a portfolio of recently commissioned renewable projects in the U.S. Furthermore, the overall portfolio includes 6 projects across ERCOT, MISO and SPP, including 950 MW of solar and 353 MW of wind capacity.

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