Carlyle Portfolio Company-owned developer Copia Power has closed a US$1.71 billion debt facility to fund construction of its Maricopa Energy Centre Projects.
“To toll or not to toll seems to be the question. Rather the question you should be asking is with whom and how much,” a panellist at the Energy Storage Summit EU in London said today (19 February).
Power purchase agreements (PPAs) have increasingly shown their limitations, and energy storage and flexibility resources can offer a solution, writes John Diklev, founder and CEO of Sweden-based optimiser and flexibility asset operator Flower.
IPPs BrightNight and Cordelio have announced a new power purchase agreement (PPA) for a 300MW solar and 1,200MWh battery energy storage system (BESS) facility with utility Arizona Public Service (APS), in Arizona, US.
D. E. Shaw Renewable Investments is seeking a loan from the North American Development Bank (NADBank) towards the construction of a 150MW hybrid solar and BESS project in Doña Ana County, New Mexico.
Utility NV Energy has received state regulatory approval of a group of PPAs with a cumulative storage capacity exceeding 1GW as part of the investor-owned utility’s (IOU’s) 2024 Integrated Resource Plan (IRP).