Tag Archives: solar power purchase agreement (PPA)

5 Major US Utilities That Haven’t Promised to Fully Decarbonize: Some of the holdouts will surprise you.

By Julian Specter, Greentech Media

Electric utilities all over the place are promising to eliminate or net out their carbon emissions — here’s GTM’s look at the top five. Such promises were unthinkable for utilities just a few years ago. But the trend took off when Xcel Energy figured out it could retire coal plants, build clean power plants, and make more profits while keeping electricity costs down. The combination of positive public perception, a bigger rate-base and greater appeal to sustainability-minded investors turned the carbon-free commitments into the rule, not the exception, for the utility sector.

“They’re really trying to appease a nascent but quite powerful movement of [environmental, social and governance focused] shareholders and institutional investors,” said David Pomerantz, executive director of utility watchdog group Energy and Policy Institute, which tracks carbon targets. “Once it started taking off…it became awkward if a company didn’t have a goal.” A few exceptions do remain, though — holdouts that have not promised to eliminate their greenhouse gas emissions. Continue reading here.

Photo: NextEra Energy constructed Nebraska’s 35-acre, 5-megawatt solar array east of Fort Calhoun, which became operational in late December of 2019. NextEra contracted with OPPD to sell the power it produces to the utility for at least 20 years.

Previously Posted

  • NextEra is also pursuing a 423-megawatt solar project in Nebraska. It has acquired land rights and now is waiting to find a buyer and to hear what the Southwest Power Pool would charge for a connection to the grid. That figure is critical in developing renewable projects. [Phil Clement, who directs projects in Nebraska for NextEra] said that although it’s not now in the plan, storage could become a part of a Nebraska solar array as well. NextEra always builds solar projects “with storage in mind,” he said. Source: Solar-storage project would be ‘game-changer’ for Kansas City region, by Karen Uhlenhuth, Energy News Network
  • NextEra, Nebraska farmers aim to build largest solar farm in the Midwest, by Karen Uhlenhuth, Energy News Network

NEBRASKA-BASED VALMONT INDUSTRIES IN THE NEWS

Convert launches new PV tracker control system, contributed by Convert, PV Magazine

Solar PV tracking manufacturer, Convert, is launching its TRJ-AI Tracker Control System. The company says its new TRJ-AI innovation provides the industry the opportunity to easily control, manage, and monitor tracking systems from digital devices reliably and remotely to optimize the energy production of solar plants.

“Technology is ever-evolving and our commitment is to guarantee a better solution and a higher performance than the current standards, every time. Today with the innovative TRJ-AI Tracker Control System, the customers are able to take control when and where they want,” says Yury Reznikov, vice president and general manager of global solar for Valmont Industries, Inc, the Nebraska-based company that acquired Convert in 2018. “This means having complete control of your solar photovoltaic plant while increasing yield, minimizing risks, and optimizing O&M costs at the same time.”

Valmont Industries Website
Valmont Careers

MORE ON NEW SOLAR SCHOOLS STUDY & SOLAR POWER PURCHASE AGREEMENTS

Virginia jumps to head of the class on school solar installations, report shows, by Elizabeth McGowan, Energy News Network

California is still the runaway valedictorian of solar-powered K-12 schools nationwide, but a recent renewable energy policy evolution in Virginia has propelled the state to head-of-the-class status. Since 2017, Virginia schools leapfrogged an impressive 12 spots — from 20th place to eighth place — in solar capacity installed, according to a report released Tuesday by a Charlottesville nonprofit.

Generation 180 collaborated with the Solar Foundation and the Solar Energy Industries Association to compile Brighter Future: A Study on Solar in U.S. Schools. The organization was founded in 2016 to equip individuals and communities across the country to play a role in the transition to 100% clean energy. Report co-author Tish Tablan is the program director for Solar for All Schools, a Generation 180 initiative.

 About Power Purchase Agreements

Solar Power Purchase Agreements, Solar Energy Industries Association 
A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to no cost. Schools all across the country are using Solar Power Purchase Agreements to solar power their buildings for free or at minimal cost.