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Puerto Rico's sole electric utility service provider, Puerto Rico Electric Power Authority (PREPA), has actually chosen Sunrun as the installation firm and also battery supplier for the island's first virtual power plant (VPP). The 17-MW VPP will certainly network together more than 7,000 Sunrun solar + storage space systems installed on homes.

Sunlight Financial has actually revealed that Tech CU, a Silicon Valley-based lending institution, has dedicated to money an additional virtually $2.5 billion in property solar and storage space systems sold and also installed by Sunlight partners over the following three years, broadening upon a long-lasting collaboration in between Sunlight and Tech CU that started in 2015.

The very first facility is a $105 million, 5-year revolving construction credit facility. The 2nd facility is an as much as $130 million 5-year term loan facility, that includes a letter of credit facility and also a delayed-draw term loan.

US residential solar installer Vivint has secured a US$325 million revolving warehouse facility to refinance existing debt.

Rubis Photosol secures EUR 60 million loan from Bpifrance, BRED Banque Populaire and CIC for 8 solar projects, ranging 2MW-20MW. Two projects in Bellac and Mainzac will supply energy to Leroy Merlin. Construction underway, with Rubis Photosol managing operations and maintenance.

A form of tradable intangible goods representing the green attributes associated with electricity produced from renewable sources. One Renewable Energy Credit

There’s no shortage of ideas for supporting renewables on Capitol Hill. Gridlock has experts doubtful of near-term progress.

An energy infrastructure group co-owned by State Grid Corporation of China and also Singapore Power has determined not to buy a hybrid nuclear power plant project in South Australia.

Engie, Macquarie's Green Investment Group (GIG), as well as Fluence have actually partnered to provide Australia's biggest privately-funded as well as possessed utility-scale battery. The project will link to existing network framework to support the shift to renewable energy at the website of the previous Hazelwood Power Station in the Latrobe Valley.

Axium Infrastructure as well as Canadian Solar subsidiaries Recurrent Energy and also CSI Energy Storage today announced that Crimson Storage, a 350-MW/1,400- MWh standalone energy storage project, is currently in operation and providing flexible capacity to the California grid.

Researchers in Germany have actually determined salt caverns as a viable and flexible remedy for hydrogen storage space. They additionally disclosed that Europe has the potential to infuse hydrogen in bedded salt deposits and salt domes, with an overall storage space capacity of 84.8 PWh.

Trina Solar's ambitious 500-MW battery project in Victoria aims to boost grid reliability, while paving the way for Australia's renewable energy future. Community feedback sessions coming soon!

Farmer co-op Producers Rice Mill will quickly hold a solar + storage microgrid developed by Scenic Hill Solar as well as constructed by CS Energy as well as KORE Power at its processing facility in Stuttgart. The project is the biggest business solar project in Arkansas.

The 50 MW/100 MWh project will certainly belong to a new Energy Superhub in the region, that will support the transition to a decarbonised electricity system in the UK. The order was consisted of in Wärtsilä's order book in the fourth quarter of 2022, and also building is expected to start in springtime 2023.

OPG and IITD collaborate to conduct a joint research and development of vanadium redox flow batteries. The project is financed by Indian Science & Technology Department.