BLM approves $1B solar project in California

BLM | January 20, 2020

The U.S. Bureau of Land Management has approved a $1 billion solar project in Southern California. The Desert Quartzite Solar Project would be located near the city of Blythe in eastern Riverside County. The record of decision signed by the BLM authorizes Desert Quartzite LLC, a wholly-owned subsidiary of Arizona-based First Solar, to construct, operate, maintain and decommission the 450-megawatt solar photovoltaic project on about 3,000 acres of public land plus additional private lands. That is enough electricity to power 117,000 houses. It is one of the largest photovoltaic power plants proposed in the U.S. It would include a battery storage technology so that electricity could be stored until needed. The project will require a three-mile transmission line to connect to Southern California Edison’s Colorado River Substation.

Spotlight

When Solar Team Eindhoven won the world solar challenge in Australia driving a 4 seater 100% solar powered car over 3,000 kilometers, no one would have believed that a handful of years later they could come up with this. The Lightyear One. A spacious hyper efficient partially solar powered electric car. We know the future is electric, could it be solar electric?

Spotlight

When Solar Team Eindhoven won the world solar challenge in Australia driving a 4 seater 100% solar powered car over 3,000 kilometers, no one would have believed that a handful of years later they could come up with this. The Lightyear One. A spacious hyper efficient partially solar powered electric car. We know the future is electric, could it be solar electric?

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SOLAR+STORAGE

Palmetto’s Clean Energy Marketplace Now Expanded to Arizona

Palmetto | March 19, 2021

Palmetto has opened its marketplace in Arizona thus serving around 20 states in the country. Palmetto is a fast expanding tech company facilitating the switch to solar energy of thousands of American homeowners through an innovative approach. They offer solutions from start to finish and helping them accomplish their environmental and monetary targets. Palmetto works to democratize access to clean energy. With a strong belief that renewable energy is a right and not a privilege, their technology, marketplace business model, and mobile application have been simplified to make it easier for homeowners to make the switch to solar energy. They can calculate their utility expenditure by moving to solar, install their systems by working with local technicians according to their requirements and get long-term customer support. Thanks to Palmetto, homeowners can make educated buying choices as with their easy-to-understand software tools. Ongoing data energy insights will give consumers better knowledge about their long-term energy usage. Palmetto is a member of a non-profit called Arizona Solar Energy Industries Association (AriSEA) that represents the solar and storage industry, businesses related to solar energy, others expanding in the field of solar and storage tech in the state of Arizona. To ensure public health, safety, and wellbeing by carefully designing, installing, operating, maintaining solar energy and related infrastructure, Palmetto and AriSEA have both pledged to conduct business safely. About Palmetto Palmetto has created a clean energy marketplace with technology simplifying and making it more inexpensive for homeowners to get energy from sustainable energy sources like solar. They aim to democratize energy by inspiring and putting the customers in charge of making environmentally responsible choices. They invest in communities to reduce the effects of climate change. Solar Sister and Nature Conservancy are their current partners.

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Statkraft boosts solar capability with the acquisition of Solarcentury

Statkraft | November 03, 2020

Statkraft will gain access to a 6 GW pipeline (gross) in Europe and South America that combined with Statkraft’s current project portfolio immediately positions the company as a leading developer in the European solar market. Solarcentury’s project pipeline spans many high-growth markets including Spain, the Netherlands, the UK, France, Greece, Italy and Chile. The transaction is an acquisition of 100 per cent of the shares in Solarcentury Holdings and its subsidiaries. The main shareholders were previously Scottish Equity Partners, VantagePoint Capital Partners, Zouk Capital, and Grupo Ecos. The purchase price is 117.7 MGBP and includes net cash.

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SUSTAINABILITY

Solar developer sPower Collaborates with AES Distributed Energy

Solar developer | November 18, 2020

The AES Corporation reported a concurrence with Alberta Investment Management Corporation (AIMCo) to consolidate the sPower advancement stage, a free U.S. sun based engineer, with AES's U.S.- based clean energy advancement business. AES's completely claimed clean energy improvement business incorporates AES Distributed Energy and a breeze advancement group earlier piece of Advance Energy. As states, networks and associations make duties and arrangement to lessen their carbon impressions, renewables are on target to be the quickest developing wellspring of power age in the U.S. in 2020. “We share our customers’ commitments to a more sustainable energy future. Together, we can create a safe, resilient and carbon-free grid,” said Andrés Gluski, president and CEO of AES. “The merger of sPower with AES’ clean energy business will benefit customers by providing access to a broader portfolio of product offerings as well as an expanded highly skilled and experienced team to drive innovation at scale.” The merged renewables platform will bring together sPower’s and AES’ differentiated capabilities in solar, wind and energy storage to accelerate customers’ energy transitions. “sPower has been one of our key infrastructure platforms since our initial investment made in partnership with AES in 2017,” sai Kevin Uebelein, CEO of AIMCo. “Our experience working with AES has shown that they are a world leader in delivering on customers’ sustainable energy needs, and the formation of this new renewables platform in the U.S. will take that capability to an even higher level. On behalf of our clients and consistent with our investment mandate, we are excited about the value the next phase of our partnership will bring to our many stakeholders.” Future projects developed from the combined 12 GW development pipeline will be owned 75% by AES and 25% by AIMCo, leveraging the partnership with sPower. Although there is no change in ownership of operating assets and backlog, the newly formed platform will manage the 2.5 GW of operating assets and the existing 2.6 GW contracted backlog. The transaction is expected to close in the next few months upon successful completion of customary closing conditions. “This platform will bring tremendous value to our customers as they pursue their business objectives and climate commitments,” said Leo Moreno, AES Clean Energy president. “Our expanded portfolio of innovative solutions based on cutting-edge technologies will enable us to work together with our customers to power their energy transitions while making a carbon-free future possible.”

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