LAS VEGAS, Nevada (September 20, 2019) – The KeyState Renewables, LLC announced the launch of Solcap Fund I LLC, an institutional investor tax credit fund dedicated to mid-size solar power generation projects.
Los Angeles Department of Water and Power (LADWP), the largest municipal water and power utility in the Unites States announced the approval of two power purchase agreements with U.S. developer of solar PV and storage projects, 8minute Solar Energy, to develop the Eland Solar and Storage Center, which will be the largest solar and battery energy storage system in the United States.
US-based solar developer 174 Power Global Corporation, an affiliate company of business conglomerate in South Korea Hanwha Group, announced the closing of construction financing for the $210 million 150 MW first phase of a solar power plant near Odessa, Texas.
Lightsource BP announced it has broken ground on a utility-scale solar project in Franklin County, Pennsylvania, in partnership with Penn State University, that will provide the University millions of dollars in energy savings over its 25-year contract with Lightsource BP, while maximizing the sustainability impacts of solar farming.
U.S. educational non-profit Smart Electric Power Alliance (SEPA) announced the release of its yearly industry report, the 2019 Utility Solar Market Snapshot, based on interconnection data and market insights obtained directly from more than 500 utilities across the country, representing 74% of all customer accounts and 71% of all MWhs sold in 2018. The report shows there were 7.3 GWs interconnected, marking a 20.1% increase in total capacity over 2017.