From PV Tech: DTE Energy is issuing a Request for Proposals (RfP) for a new pipeline of PV and wind projects in Michigan. These new renewable-energy installations will be used by DTE to help achieve compliance with Michigan's Renewable Portfolio Standard and make good on the company’s commitment to reduce carbon emissions by at least 80% by 2040. Through the RfP, DTE is looking for PV projects ranging in installed generation capacity from 25-200MW, along with wind projects ranging from 100-200MW.
From GTM: “A National Grid transmission study has ensnared nearly 1 gigawatt of distributed solar in Massachusetts, delaying progress on numerous projects as the federal Investment Tax Credit phaseout approaches and causing anxiety in one of the nation’s largest markets.”
Fortunately most of the projects MEI is reviewing are outside the study and all of the projects we are funding this year fall outside the study. This is an informative article, although we would disagree with the fact that NY is setting an excellent example. Perhaps the utilities communicate better and plan interconnection better, however, the SMART incentive plan is superior to New York’s VDER program.
From GTM: Renewables developer GlidePath has begun construction on a rare standalone storage project in the tricky Texas market. The 10-megawatt/10-megawatt-hour Prospect Storage plant will bid into the ERCOT markets for energy and ancillary services. Though small by the standards of today’s utility-scale market, the project, located 50 miles south of Houston, is notable for making the economics work in an inhospitable market for storage.
From Utility Dive: Pacific Gas and Electric (PG&E) and its parent company PG&E Corporation revealed some of the actions they will take to restructure in a bankruptcy court filing Tuesday, including paying all of its court-approved pre-bankruptcy claims through "cash raised from existing equity bond holders" and "equity financed securitized bonds."