DER

This week, San José’s Community Choice Aggregator (CCA) which is called San José Clean Energy (SJCE) and EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), signed a 20-year power purchase agreement (PPA) for 100 MW of new solar energy capacity and 10 MW of battery storage at the Sonrisa Solar Park in Fresno County, California. The project is anticipated to be operational in 2022.
C&I

Yesterday, National Grid, through its competitive non-regulated unit National Grid Ventures (NGV), completed its $100 million acquisition of Geronimo Energy - a wind and solar developer in North America. The deal, which was announced on March 7th, 2019, has now satisfied all regulatory requirements and closing conditions.
Solar

Installed solar capacity in the United States exceeded 10 GW for the third year in a row in 2018, and the pace of growth is expected to continue. The first quarter of 2019 was the strongest in the history of the U.S. solar market, according to a recent report from Solar Energy Industries Association (SEIA) and Wood Mackenzie Power & Renewables. Yet inefficient and costly project financing inhibits many solar developers from tapping into the market’s true potential.