FTP Power to Acquire 51 Percent Stake in 40-Megawatt Solar Plant in Idaho

FTP Power to Acquire 51 Percent Stake in 40-Megawatt Solar Plant in Idaho

The Federal Energy Regulatory Commission on July 3 authorized a transaction allowing sPower Winterfell Holdings LLC to acquire just over half of the upstream ownership interest in ID Solar 1 LLC from Carolina Energy Partners II LLC. ID Solar owns a 40 megawatt solar farm in Idaho and is fully subscribed under a 20-year contract…

New Jersey State Lawmaker Introduces Bill to Mandate Solar for New Homes

New Jersey State Lawmaker Introduces Bill to Mandate Solar for New Homes

New Jersey House lawmaker Herb Conaway, a Democrat, introduced legislation on June 27 that would require all new residential buildings in the state to include solar panels. The bill would allow solar installations on individual houses or shared solar arrays to serve multiple residences. The mandate would take effect one year after enactment. The measure…

New York Regulator Opposes Market Power Mitigation for Energy Storage, Distributed Resources Citing Harm to State Interests

New York Regulator Opposes Market Power Mitigation for Energy Storage, Distributed Resources Citing Harm to State Interests

New York’s Department of Public Service staff and the New York State Energy Research and Development Authority said that energy storage and distributed energy resources should be exempt from buyer-side mitigation rules proposed by the New York Independent System Operator Inc., according to a June 25 filing. NYISO’s proposed rule responds to the Federal Energy…

Minnesota Power Wins Approval for 10-Megawatt Power Purchase Contract to Meet Solar Energy Standard

Minnesota Power Wins Approval for 10-Megawatt Power Purchase Contract to Meet Solar Energy Standard

The Minnesota Public Utilities Commission on Oct. 2 authorized Minnesota Power’s agreement with Cypress Creek Renewables LLC to procure energy and capacity from the 10-megawatt Blanchard Solar LLC generation facility for a 25-year term. The state’s solar energy standard requires 1.5 percent of utilities’ retail sales to come from solar resources by 2020. Minnesota Power’s…

Xcel Energy Unveils $2.5 Billion Plan for Renewable Energy Shift, Coal Plant Closures

Xcel Energy Unveils $2.5 Billion Plan for Renewable Energy Shift, Coal Plant Closures

Public Service Company of Colorado, a unit of Xcel Energy Inc., filed its Colorado Energy Plan, a blueprint for the utility to source over half of its electricity supply from renewables and cut carbon emissions by 60 percent by 2026. The plan, filed June 6 with the Colorado Public Utilities Commission, directs the company to…

PSEG Plans to Invest $17 Billion in New Jersey to Modernize Energy System, Boost Renewables

PSEG Plans to Invest $17 Billion in New Jersey to Modernize Energy System, Boost Renewables

The Public Service Enterprise Group Inc. announced plans on May 31 to invest as much as $17 billion through 2022 in energy grid modernization and clean energy programs in New Jersey. The company plans to spend $2.5 billion to extend its Energy Strong program aimed at improving reliability and resiliency by bolstering electric and gas…