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Battery storage is having its moment in the sun. In its most recent Electricity Monthly Update, the U.S. Energy Information Administration said that when it totals up the numbers for 2021, it expects they will show that battery storage capacity grew by 4.5 GW, or 300%, in the year just ended. “Declining cost for battery storage applications, favorable economics when […]
Salt River Project is partnering with a NextEra Energy subsidiary to add a 100 MW battery to its existing 100 MW solar plant, Saint Solar.
The investment comes as the company aims to raise a "significant" amount of funding.
Goldman Sachs is investing $250 million to help the company build more than 1 GW/8.7GWh of its Advanced Compressed Air Energy Storage (A-CAES) projects in California and Australia. Some development is already underway.
Pine Gate lines up financing to drive its solar power plant growth.
A vote on the residential solar rule changes is slated for January 27.
Proceeds will help speed the renewable energy developer's efforts.
China Three Gorges (CTG) said it has begun construction of the 1.7 GW Tiantai pumped storage power station in Zhajiang Province. The station, located in Tiantai County, is a major project of the Medium and Long-term Development Plan for Pumped Storage (2021-2035) included in the 14th Five-Year Plan. The powerhouse will contain four 425 MW reversible hydraulic generators. CTG said […]
As much as 3 GW of capacity could be added by 2030 to serve LMI communities.
A pair of deals will fund solar projects and a Panama cogen plant.