Falck Renewables secures tax equity for 6.6 MWh energy storage at 5.99 MWdc solar PV project in Middleton
Falck Renewables S.p.A. has secured the final funding of a tax equity investment from U.S. Bancorp Community Development Corporation to fund a 6.6 MWh operating battery energy storage system integrated with the company’s existing solar PV plant in Middleton, Massachusetts (USA). U.S. Bank will fund a minority percentage of the US$3.6 million project including all equipment, engineering and construction services and development costs. The battery energy storage system is being supplied and warrantied by NEC Energy Solutions, Inc.
The Middleton Electric Light Department (MELD) has entered into a capacity service agreement with Falck Renewables which helps MELD lower demand charges, which in turn benefits the entire Middleton community through reduced costs incurred to operate the utility.
The battery energy storage system includes NEC’s GSS end-to-end grid storage solution and its AEROS controls system.
Country updates
-
-
January 07, 2020
RWE commissions 100 MW West of the Pecos solar PV project in Reeves County
RWE has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. West of the Pecos is a 100 megawatt (...
Read more -
January 07, 2020
Baker Hughes signs a solar and wind PPA in Texas
Baker Hughes has signed a 10-year renewable energy supply agreement with 100 percent of electricity from 500 MW White Mesa Wind farm and 176.8 MWp Talitha solar farm in Texas. The agreement...
Read more -
January 07, 2020
South Korean consortium buys 50% of Utopia Pipeline
South Korean-based consortium of infrastructure investors composed of Shinhan Investment Corp., Samtan Co., Ltd., EIP Investment Co., Ltd. and KDB KIAMCO, and Riverstone Holdings LLC have closed the c...
Read more -
January 06, 2020
JEA cancels privatization plan
The community-owned utility company, Jacksonville Electric Authority, has canceled its plan to privatize the company after the emergency meeting held in December 2019. At the onset of the...
Read more -
January 03, 2020
690MW solar and storage project nears construction approval
The 690 MW Gemini solar and storage project in Clark County, Nevada is closer to receiving construction approval. The Bureau of Land Management has released the final environmental impact statement fo...
Read more
