San Francisco-based Candela Renewables announced this week that with Google has signed a PPA with the company for 140 MW of solar power that will be produced in Texas and sent to the ERCOT power grid. As part of the agreement, Candela will develop a new solar power project, boosting the local economy as a...
Hybrid energy storage is positioning energy storage at the same transmission node as a solar or wind or any other resource. Solar plus storage is a popular combination in the industry right now due to Investment Tax Credit (ITC) for commercial solar projects. Another reason why solar plus storage is favored is, storage increases the...
By Liam Denning, Bloomberg The Texas power market is a gamble. Generators seeking the occasional windfall from price spikes weigh the odds on temperature, wind-speed, the economy and, crucially, how much capacity their rivals are starting up or shutting down. Regarding the latter, they get some guidance from the state grid operator every six months in the...
It may be time to start building power plants in Texas again.
The 2.25 MW/4.5 MWh project will be situated in Johnson City, Texas. Aggreko software will manage the battery system, which will provide services into grid operator Electric Reliability Council of Texas.
According to ERCOT reports highlighted in the paper, DER has seen steady growth in Texas over the past two years
The adoption of renewable energy is expected to increase across the U.S. Projections from the federal Energy Information Administration indicate that from 2020 to 2050 utility-scale wind capacity will grow by 20 gigawatts (GW) and utility-scale solar photovoltaic capacity will grow by 127 GW.
Later this fall, Renewable Energy Systems (RES) will begin constructing a 5-MW solar PV plant and a 10-MW/10MWh battery energy storage system for CPS Energy in San Antonio, Texas.
A new LBNL report offers concrete suggestions about what investments today will be most beneficial in tomorrow’s renewable energy future.
For corporate power purchase agreements and other hedging alternatives to securing predictable cash flows for wind farms, what are the derivative accounting and Dodd-Frank reporting requirements?