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May 13, 2021
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Further Reading
France allocates 80 MW for agrivoltaic projects
News Commentary | January 11, 2021
The French Energy Regulatory Commission (CRE) allocated a total of 146.2 MW of photovoltaic (PV) capacity across 47 projects, out of which 31 (about 80 MW) comprise agrivoltaic installations. Most of these projects will be located in the South of France, and Sun'Agri will be responsible for the ... Not part of subscription
Hydrostor to develop 1 GW of energy storage in California
News Commentary | May 18, 2021
Following an announcement of building an A‑CAES project in Canada, Hydrostor is now developing two projects in California. It quoted that an investment of $1.5 billion will be needed for the projects. A 500 MW/4,000 MWh facility in Kern County is under development, with planned operation in 2026. ... Not part of subscription
BP to acquire 9 GW of solar development projects in U.S. from 7X Energy
News Commentary | June 09, 2021
Through this $220 million acquisition, BP will own a series of solar projects spread across various states in the U.S., with most of the capacity concentrated in Texas and the Midwest. These projects will reach a final investment decision between 2025 and 2030 and will grow BP's renewable portfolio ... Not part of subscription
by Patricia Seoane da Silva
The U.S. DOE invested $10 million in the SolSmart program and $5.5 million in the Solar Energy Innovation Network (SEIN) program. The former aims to reduce the overall cost of photovoltaic (PV) systems, particularly soft costs (e.g., permitting, financing, installation), which can account for as much as 60% of the cost of a PV system in the U.S. On the other hand, the SEIN program aims to connect various stakeholders across the power grid and promote initiatives like community solar systems. This initiative is in line with the Biden administration's ambition to reach 100% clean electricity by 2035, but clients should regard the widespread growth of renewables as just one piece of the decarbonization puzzle faced by the U.S.
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