Tumbling solar-plus-storage costs could see the hybrid technology become a money saver for US firms grappling with expensive legacy coal portfolios, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Utilities shutting down coal units ahead of their end-of-life point and replacing them with renewables, stand to reap savings in the “hundreds of […]
Denmark’s Ørsted buys US solar-plus-storage specialist
Ørsted has expanded its footprint in the solar-plus-storage space via the acquisition of a US developer. The firm, Denmark’s self-styled largest energy group, used a recent Q1 2019 update to reveal an agreement to buy a subsidiary of US-based Coronal Energy. The statement did not name the subsidiary in question but contacted by sister title […]