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National Grid Renewables fires up 275MW Texas solar project

PV plant developer National Grid Renewables has commenced operations at its Noble solar-plus-storage project in Denton County, Texas. ....

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US and China are most attractive renewables markets

RECAI 60 shows that energy transition and renewables deployment continue to be of paramount concern to global governments. ....

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First Solar secures 5.4GW module supply deal with Lightsource bp and bp

First Solar secures 5.4GW module supply deal with Lightsource bp and bp
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Renewable Energy Update - January 2021 #4 | Allen Matkins

Power Technology – January 26
The coronavirus pandemic and resulting global economic slowdown curtailed some energy projects in 2020, but corporations worldwide still bought a record 23.7 GW of clean power through long-term purchase agreements, according to a report published on January 26 by BloombergNEF. The 2020 record for corporate clean energy power purchase agreements (PPAs) topped the 20.1-GW level of 2019, and was nearly 75% higher than the 13.6 GW bought in 2018. The U.S. once again was the largest market for corporate power purchases, though the 11.9 GW of PPAs announced in 2020 was down from 14.1 GW in 2019, the first year-over-year decline since 2016. The report comes one day after a group of 36 U.S. companies representing the nation’s largest buyers of renewable energy released a joint statement asking the federal government to make the transition to a zero-carbon power generation sector a national priority. The companies include General Motors, Target, Walma ....

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Lightsource bp completes $380m financing for two Texas solar projects

Lightsource bp completes $380m financing for two Texas solar projects
That includes the 163MW Elm Branch and 153MW Briar Creek solar projects that are expected to offset greenhouse gas emissions by a total of 370,000 metric tons annually
Image: Lightsource bp
Lightsource bp has successfully closed on a financing package worth $380 million (£277m) for two solar power projects in Texas.
That includes the 163MW Elm Branch and 153MW Briar Creek solar projects that are expected to offset greenhouse gas emissions by a total of 370,000 metric tons annually.
Lightsource bp has signed a virtual power purchase agreement (VPPA) with L3Harris for up to 100MW of capacity from Elm Branch and a proxy generation PPA with the Capital Solutions unit of Allianz Global Corporate & Speciality for power generated by Briar Creek. ....

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