California
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Press Releases
Renewable Properties and Sonoma Clean Power Sign PPAs for Local Solar and Storage Projects for 24/7 Renewable Energy
SAN FRANCISCO — April 17, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects, and Sonoma Clean Power (SCP), a community choice aggregator (CCA), have signed power purchase agreements (PPAs) for two solar projects. One of the projects, located in Ukiah, will include energy storage. Both projects will contribute to SCP’s local resource plan […]
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Commentary
Because That’s Where the Carbon Is!
Hybrid generation and storage is key to rapid low-carbon transition. COMMENTARY When asked why he robbed banks, the infamous Willie Sutton is said to have replied, “Because that’s where the money is!” So, when trying to decarbonize California’s electric power sector, we should follow Sutton’s Law and focus on where the carbon is. To decarbonize, […]
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Energy Security
Western Energy Imbalance Market Gains Three Participants, Including First Generation-Only Entity
The Western Energy Imbalance Market (WEIM), a real-time energy market operated by the California Independent System Operator (CAISO), has gained three new participants, including its first generation-only entity. CAISO on April 5 announced the Western Area Power Administration (WAPA) Desert Southwest region, El Paso Electric (EPE), and AVANGRID have formally begun participation in the WEIM. […]
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Nuclear
Biden Administration Pledges $1.2 Billion to Keep U.S. Nuclear Reactors Online
The Biden administration has pledged another $1.2 billion to help extend the operating life of older or distressed nuclear power plants, with Energy Secretary Jennifer Granholm saying nuclear power is needed to support the nation’s clean energy goals. The funding, announced by the Dept. of Energy (DOE) on March 2, is the second tranche of […]
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Press Releases
Renewable Properties Closes Fund 8 Portfolio of Nearly 30 MW of Community Solar Projects with Financiers Nelnet Renewable Energy and AB CarVal
SAN FRANCISCO, CA — March 1, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects, has closed its Fund 8 portfolio with two financing partners, Nelnet Renewable Energy and AB CarVal. Fund 8 consists of nearly 30 MW of community solar projects in California and New York. The closing of Fund 8 reflects the company’s strong ties to […]
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Interview
The POWER Interview: Challenges, Opportunities for Energy Storage
The market for energy storage projects continues to grow as utilities recognize the benefits of storage for demand response, along with the integration of renewable energy resources to the power grid. Incentives in the Inflation Reduction Act (IRA) for standalone storage provide even more support for the sector. Storage companies are growing, and more deals […]
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Commentary
California’s Energy Future Lies in the NRC’s Hands
California has been driving America’s clean energy transition for years, but the road to net-zero is still paved with fossil fuels. Frequent extreme weather events and surging electricity demand are catalyzing the buildout of more reliable and secure clean energy. The state’s shift has largely been focused on renewable sources like solar and wind, which […]
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Solar
Large Solar-Plus-Storage Project Underway in California Desert
Construction of a major solar-plus-storage installation in California has been approved by the U.S. Bureau of Land Management (BLM). The Desert Quartzite project, sited on about 3,000 acres near Blythe in eastern Riverside County, will feature a 300-MW solar array along with 600 MWh of energy storage. Desert Quartzite, being developed by EDF Renewables North […]
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Press Releases
Renewable Properties Signs Nearly 30 MW of PPAs with PG&E for Community Solar Projects in Disadvantaged Communities
San Francisco, January 31, 2023 — Renewable Properties, a developer and investor in small-scale utility and community solar projects based in San Francisco, has signed power purchase agreements (PPAs) for five projects with Pacific Gas and Electric Company (PG&E), California’s largest investor-owned utility. The projects will bring the benefits of clean solar energy to households that can’t […]
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Power
Is Delivering 100% Renewable Energy on an Hourly Basis at Cost-Competitive Rates Achievable?
Cynics might argue that it’s impossible to operate the power grid economically with 100% renewable energy on an hourly basis, but a model developed by Peninsula Clean Energy, a community choice aggregation agency that serves San Mateo County and the City of Los Banos, California, suggests it’s possible—at least in its little slice of the […]