The developer is betting big on Pennsylvania, where relatively little solar has been built to date. Pennsylvania-based solar developer Glidepath Ventures told Greentech Media it has sold its first projects: a 278-megawatt, 12-project portfolio to Canada’s Grasshopper Solar, plus another four projects totaling 887 megawatts to an unnamed independent power producer (IPP). All of the […]
Acciona Supersizes Solar and Storage Efforts With Big US Acquisition
“Zero to 60” investment: Spanish developer buys a 4-gigawatt solar and storage project pipeline. Spanish renewables developer Acciona has acquired 3 gigawatts of solar and 1 gigawatt of storage projects currently under development in the U.S. by Nebraska-based Tenaska. The deal announced Monday will see Acciona aiming to complete eight solar projects totaling around 1,200 […]
Northeastern States Primed to Be the Next Major Energy Storage Market
Where the challenge was once a lack of profitable storage opportunities in the Northeast, now the trick is keeping up. Here’s GTM’s handy guide. Northeastern states have enacted a dizzying array of policies to promote energy storage development alongside the growth of renewables over the past few years. Where the challenge used to be a […]
Taking Aim at PJM’s 10-Hour Duration Capacity Rule for Energy Storage
The storage industry brings new numbers to the table in its challenge against the least-liked proposal from FERC Order 841. Over the past year and a half, the U.S. energy storage industry has been getting into arguments with grid operators over their plans to implement Federal Energy Regulatory Commission Order 841, the mandate to integrate […]
Does Innolith’s Battery Technology Stand a Chance the Second Time Around?
The company formerly known as Alevo is back on the hunt for deals in the U.S., with an upgraded battery due for production in late 2020. Innolith, the lithium-ion battery maker that arose from the ashes of Alevo last year, is back in the U.S. after making two senior appointments. Stephen Wiley, formerly senior director […]
As Coal Retires in PJM, Why Aren’t Renewables Filling the Vacuum?
Solar and wind have struggled to compete against a flood of cheap natural gas in the largest U.S. wholesale power market, operated by PJM. Interconnection queue requests across all the major North American markets show that over 90 percent of new requests now consist of solar, wind and storage. This is the result of state-level […]