8minutenergy Renewables, LLC

8minutenergy Renewables, LLC | September 26, 2018

8minutenergy has entered into a definitive agreement to sell its interest in the 121 MW-DC Springbok 3 Solar Farm to Capital Dynamics. The project has a 27-year contract to sell power to the Los Angeles Department of Water and Power. Residents of Los Angeles will be getting solar power from the desert until the year 2049 for around 5.2 cents per kilowatt-hour (kWh). When calculating for the present value, what money in 2049 is worth in today’s dollars and an interest rate of 2.5%, the effective ...

8minutenergy Renewables, LLC | July 11, 2018

8minutenergy Renewables has energized Phases 1 and 2 of the 328 megawatt-dc Mount Signal 3 solar photovoltaic (PV) project in the city of Calexico in California’s Imperial Valley. The project is part of the 800 MW Mount Signal Solar Farm, which is among the largest PV installations in the world. With the full commissioning of the plant underway, 8minutenergy expects to bring Mount Signal 3 to commercial operation by the end of 2018. “We’re proud to hit this exciting phase of the Mount Signal sol...

Smart Energy | January 16, 2020

Enel Green Power Brazil has announced the operations of the 475MW section of the Sao Goncalo solar PV plant in the Brazilian state of Piaui. The plant is South America’s largest PV facility and has gone live a year ahead of the deadline set by the rules of the 2017 A-4 public tender. The tender was issued by the Brazilian federal government through the country’s energy regulator Agência Nacional de Energia Elétrica (ANEEL). Enel invested $390 million for the construction of the 475MW section of ...

Renewables Now | January 13, 2020

London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...