Author: solarenergy
OMCO Solar, a racking manufacturer based in Phoenix, Arizona, invested $10 million into its second factory in Alabama, which opened last month. OMCO is leasing a factory building in Huntsville, Alabama, outfitted the facility for the production of solar racking that will employ 70 people once operating at full capacity. Credit: OMCO Solar “OMCO has a heritage in steel fabrication dating back decades and has built a national manufacturing footprint through savvy investment projects,” said State Commerce Secretary Ellen Secretary McNair. “I’m proud that this great company, dedicated to manufacturing its products in America, has decided to expand its presence…
AES Hawai’i has completed the West O’ahu solar + storage project in Kapolei – the company’s first facility combining solar generation and battery energy storage on O’ahu. The launch was commemorated with a blessing ceremony at the project site and a reception on the nearby campus of the University of Hawai’i-West O’ahu. Located on 66 acres of open University of Hawaii land, the West O’ahu solar + storage facility generates 12.5 MW, supported by a 50 MWh battery energy storage system, under a 25-year power purchase agreement with Hawaiian Electric. “This is a momentous day for AES Hawai’i as it…
Foresight Solar expects to bring its 50MW Sandridge BESS project online in 2024. Image: Foresight. Solar and battery storage investment company Foresight Solar Fund has confirmed it has achieved a record year for electricity production in 2023. In the fund’s 2023 annual results, Foresight said its 58-project portfolio, which has a total capacity of 969 MW, exported 1,094 GWh of electricity to the grid. As a result of this record generation, Foresight, which marked its tenth year of operation in 2023, also achieved a record high cash distribution from assets at £120.4m, up 8% year on year. Foresight’s strong performance…
Co-op signs agreements with solar developers to reduce its carbon footprint. Image: The cooperative In the past month, the Co-operative Group announced two partnerships with solar companies to provide clean electricity to its properties. The first was what the company calls a “major partnership” between the Midcounties Co-operative and Big Solar Co-op, which will see the installation of solar panels at 29 food, travel, childcare and corporate headquarters locations. These solar panels will aim to provide enough renewable electricity to meet approximately 5% of the company’s electricity needs. The partnership with Big Solar Co-op will also reduce energy costs, reducing…
By SB staff April 9, 2024 Prevalon Energy LLC has contracted with Idaho Power for a complete battery energy storage system (BESS) along with a robust long-term service agreement. The project will provide grid resiliency as a net-peak solution, allowing the utility to continue providing reliable power during peak demand periods. The service agreement includes both maintenance and remote monitoring.Prevalon’s four-hour battery storage project with up to 328 MWh will align with Idaho Power’s plan to integrate more than 5 GW of energy from wind and solar projects over the next 20 years.The BESS will ensure that the energy produced…
Sol Systems has agreed to recycle all discarded or damaged solar panels through SolarCycle. The solar contractor safely recycled panels from a community solar panels in Nebraska that were damaged by extreme weather earlier this year with SolarCycle. SolarCycle’s patented technology removes vital materials such as silver, silicon, copper, aluminum and glass from solar panels. This allows them to divert high-quality materials from landfills and recover up to 95% of the value of recycled panels. The extracted materials are then refined and reintroduced into the domestic supply chain, reinforcing the commitments of both Sol Systems and SolarCycle to reduce environmental…
According to a new market research report, the global market for carbon credit trading platforms is expected to reach $317 million by 2027, up from an estimated $106 million in 2022, at a CAGR of 24.4% from 2022 to 2027. It is expected that the market will witness significant growth over the forecast period due to the surge in demand for carbon credits due to increased investments in carbon capture technologies and renewable energy adoption.View the detailed table of contents here – https://www.marketsandmarkets.com/Market-Reports/carbon-credit-trading-platform-market-93146916.htmlCarbon markets are divided into two segments: voluntary carbon markets and regulatory/compliance carbon markets. There is a difference…
The approval marks the twentieth project approval granted to Renewable Connections since 2021. Image: Renewable Connections. North East Lincolnshire Council has approved a solar farm and battery project in the north west of Waltham, North East Lincolnshire. Renewable Connections submitted the application for the 43.7 MW solar farm and 10 MW battery energy storage system (BESS) in November 2023 after consultation with the community. The development process involved extensive community engagement, including writing to more than 1,800 local stakeholders, organizing a public consultation and consulting with legal and political stakeholders. Bradley Road Solar Farm was approved unanimously, following a recommendation…
An investment totaling €315.35 million ($337.8 million), made up of funds from Eurobank and the Recovery and Resilience Fund Greece 2.0, will enable British developer Lightsource bp to begin developing a 560 solar project MW in the east of mainland Greece. April 29, 2024 Patrick JowettConstruction of a 560 MW solar project in Greece will begin after Eurobank and the Greek state entered into a financing agreement with Enipeas Single-Member SA, a subsidiary of Lightsource bp, worth €315.35 million ($337.8 million ).The long-term loan consists of €170 million from the resources of the Recovery and Resilience Fund, through the Greece…
Enphase Energy announced the launch of Enphase Power Control software that can integrate with the Enphase Energy System in North America. Enphase Power Control dynamically controls the power produced by an Enphase Energy System. This gives installers more flexibility in system design to build larger systems, avoid costly main panel upgrades and meet utility and national electrical code (NEC) requirements. The key benefits of Enphase Power Control include: Avoid main panel upgrades. Enphase Power Control software enables the installation of more solar panels or batteries without requiring expensive main panel upgrades to meet NEC requirements, helping homeowners save on labor and…