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California Launches 300-MW Solar-Storage Energy Project
EDF Renewables North America and Power Sustainable Energy Infrastructure Inc. have launched the Desert Quartzite solar-storage park in Riverside County, California, with a capacity of 300-MWac/372-MWdc. This facility, located on federal land managed by the Bureau of Land Management, is projected to generate enough power to support over 163,000 average California homes and reduce carbon dioxide emissions by more than 669,000 tonnes. The energy produced will be sold under a 20-year power purchase agreement with Clean Power Alliance.The project features a 150-MW battery energy storage system designed to store solar energy during peak generation times for later use when demand increases. PSEI acquired a 50% stake in the project last summer, partnering with Potentia Renewables Inc., which served as an integrated developer and operator for the initiative. What are the environmental and operational impacts of the Desert Quartzite solar-storage park? Environmental and Operational Impacts of the Desert Quartzite Solar-Storage Park Environmental Impacts Reduction of Greenhouse Gas Emissions: The estimated reduction of over 669,000 tonnes of carbon dioxide emissions contributes significantly to combating climate change and improving air quality in the region. Land Use Considerations: Being constructed on federal land managed by the Bureau of Land Management, the project may influence land use patterns, potentially affecting local ecosystems and wildlife habitats. Water Utilization: Solar energy generation typically requires minimal water for operations, especially compared to conventional power plants. This is a vital consideration in arid regions like Riverside County, where water conservation is crucial. Invasive Species Management: The development will require monitoring and management to prevent the introduction of invasive plant and animal species that may disrupt local ecosystems during construction and operation. Habitat Preservation and Restoration: Developers may need to implement habitat preservation strategies, including restoration of disturbed areas to support local flora and fauna. Operational Impacts Capacity and Reliability: The combination of solar power generation with a 150-MW battery energy storage system enhances the reliability of energy supply, ensuring that energy is available even when solar generation is low, such as during cloudy days. Local Economic Benefits: The construction and operation of the solar-storage park can create jobs in the local community, including both low-skilled and highly skilled positions in construction, maintenance, and project management. Grid Stability: The ability to store energy allows the facility to play a crucial role in stabilizing the grid, particularly during periods of peak demand, thus enhancing overall energy security. Technological Innovation: By integrating advanced solar technology with battery storage, the project can serve as a testing ground for new energy management systems, potentially leading to improved efficiencies that can benefit future renewable energy projects. Community Engagement and Education: Projects like Desert Quartzite often engage with local communities, promoting awareness of renewable energy benefits and potentially fostering a culture of sustainability. Long-term Sustainability Resilience to Climate Change: The establishment of renewable energy infrastructures like Desert Quartzite contributes to a more sustainable energy grid that is less dependent on fossil fuels, enhancing resilience against growing climate-related disruptions. Potential for Future Expansion: Successful operational outcomes could pave the way for further developments in nearby areas, scaling up renewable energy capacity to meet increasing energy demands. Emphasis on Sustainable Practices: The solar-storage park may adopt sustainable construction practices, promoting the use of local materials and environmentally friendly processes throughout its lifecycle.
Feb 3, 2025 // Plants, Large-Scale, Commercial, Storage, California, USA, North America, PV Power Plant, EDF Renewables North America, Power Sustainable Energy Infrastructure Inc.
India's NTPC Seeks Renewables Unit Investor Before IPO Next Year
Generator really hopes investor will enhance unit's public valuation Clean power unit aims to have 60GW of renewables by 2032
Dec 29, 2021 // Markets & Finance News, India, NTPC, Asia, Rupesh Sankhe
BlackRock elevates US$ 4.8 billion for renewables investment
Possession handling huge BlackRock has raised US$ 4.8 billion from institutional capitalists to money sustainable power generation jobs in Europe, Asia and also the Americas.
Apr 8, 2021 // Markets & Finance News, BlackRock, distributed solar development, renewables investment, blackrock real assets, institutional investors, David Giordano
Octopus Renewables takes 'interesting action' as it gets 9.1 MW of roof solar
Octopus Renewables has actually gotten a 9.1 MW profile of functional property UK roof solar assets.
Jul 20, 2020 // Residential, Markets & Finance News, Rooftop PV, UK, Europe, Peter Dias, Octopus Renewables
BBOXX expands into Nigerian market, targets 20m customers by 2030
Off-grid, pay-as-you go solar company BBOXX has expanded into Nigeria, the company's biggest market to date, with the aim of supplying clean energy accessibility to 20 million people over the following years.
Oct 28, 2021 // Markets & Finance News, Africa, bboxx, Mansoor Hamayun, Nigeria, off grid, offgrid solar
Infratil creates Asian renewables system with USD-233m commitment
New Zealand-based framework financier Infratil Ltd (NZE: IFT) revealed today it is devoting USD 233 million (EUR 197m) to create its fourth renewable resource advancement platform-- Gurin Energy.
Sep 10, 2021 // Markets & Finance News, Asia, Singapore, Infratil, Gurin Energy
Colombia awards 800MW of solar in 3rd renewables auction
Colombia has actually awarded contracts to 11 solar PV projects with a combined capability of 796.3 MW in its 3rd renewable energy auction.
Oct 27, 2021 // Markets & Finance News, tender, South america, Latin america, auction, Colombia
AEP Energy Partners seeks renewables PPAs in PJM region
A subsidiary people utility American Electric Power has introduced an ask for propositions process as it aims to sign power acquisition arrangements (PPAs) for new as well as existing solar as well as wind centers situated in the PJM service region.
Apr 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, PJM, North America, rfp, Ohio, PJM Interconnection, request for proposals, utility, american electric power, aep energy partners, us utility
Financial investment in Australian renewables down as funding for big batteries skyrockets
Financial dedications for utility-scale renewables projects in Australia have actually slowed to the most affordable level in the past five years, according to the Clean Energy Council (CEC), which exposed investment in large-scale batteries in the nation is booming.
Jun 1, 2021 // Markets & Finance News, Battery Storage, Australia, Oceania, Clean Energy Council, Kane Thornton, project financing, renewables investment
Renewables permitting in Iberia unfit for the new power paradigm, investors say
Solar implementation in Iberia is being held back by planning as well as permitting and also laws unfit for the emerging power paradigm and European Commission intervention might be essential, a panel of investors has concluded.
Mar 9, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Portugal, Europe, iberia, permitting, Pablo Otin, guarantees of origin, regulations, Carlos Rey Micolau, Tiago Thomaz
Bidders line up for Ecuador renewables auction
The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.
Nov 1, 2019 // Markets & Finance News, Ecuador, South america, auction, Carlos St. James
KGAL takes stake in Italian renewables player
Baltex Progetti has a 300MW pipeline that consists of solar projects in Sicily and Sardinia
May 19, 2022 // Markets & Finance News, Italy, Europe, KGAL, Baltex Progetti
Monsson Wins DRI Deal to Operate Romania Renewables
Monsson clinches five-year O&M and dispatch deal for DRI’s Romanian wind-solar fleet, covering nearly 300 MW and substations, as it scales past 2 GW amid Romania’s rising availability stakes.
Feb 27, 2026 // Plants, Large-Scale, Commercial, O&M, Europe, Romania, Monsson, DRI, dispatching
Spain to support distributed PV deployment in upcoming renewables auction
Spain will allocate up to 140MW of dispersed solar PV capacity in the country's following renewables auction, readied to happen this April.
Jan 6, 2022 // Markets & Finance News, Spain, tender, Europe, auction, distributed solar, Concentrated solar power
Acciona shareholders give green light to IPO of renewables unit
Spanish power company Acciona has safeguarded shareholder approval for an initial public offering (IPO) of its renewables department, providing a boost for the firm's plans to reach 6GW of set up PV by 2025.
Apr 12, 2021 // Markets & Finance News, Spain, IPO, Europe, Acciona, initial public offering, acciona energia, José Manuel Entrecanales