Tara Roberts MSL

📈 Corporate PPA activity in the ERCOT market has reached 1.8 GW, YTD 2024. Data from the Enerdatics Energy Transition PPA database indicates that ERCOT has seen ~1.8 GW in corporate power purchase agreements (PPAs) since the start of 2024, constituting over 60% of the U.S. total. 💡 Tech giant Microsoft leads the way, having secured ~800 MW across three deals. Meanwhile, new entrants such as UnitedHealth Group, Sonoco, and AdventHealth are also stepping up their sustainability efforts. 🏆 Key Suppliers Making Waves: > Regional Leaders: Primergy, Leeward Renewable, Scout Clean Energy > International Players: Orsted, ENGIE 🤝 Positive PPA negotiations in ERCOT are driven by the market's lower land and interconnection costs, which help mitigate higher interest rates and supply chain issues. 🌟 Top Deals to Note: > Microsoft and Primergy Solar: 408 MW from Ash Creek solar project > Hyundai and Matrix Renewables: 147 MW (Hyundai’s first U.S. PPA) > RTX and ENGIE: ~38 MW from Priddy wind project #CorporatePPA #ERCOT #RenewableEnergy #Sustainability #Microsoft #Hyundai #RTX #ENGIE #Orsted #Primergy #LeewardRenewable #ScoutCleanEnergy #UnitedHealthGroup #Sonoco #AdventHealth

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At CPC's Post #COP29 Energy Security Conference in London, President Efgan Nifti emphasized the Caspian region’s role in the #EnergyTransition: "From traditional resources to clean energy, the Caspian is ready to lead with sustainable, affordable, and secure solutions." https://bit.ly/49vrPsx

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Adding more baseload power plants to the energy mix can worsen the country’s power supply in the long run, said ICSC’s Energy Transition Advisor Alberto III Dalusung in an interview with ABS-CBN News Channel. This was in response to former Department of Energy Secretary Jericho Petilla’s statement urging the national government to lift the moratorium on coal-fired power plants, citing a need to build more capacity to meet the rising demand as the Philippines continues to struggle with power supply issues. Instead, the Philippines must focus on shifting to a flexible, distributed power system that makes use of various energy sources, including #RenewableEnergy, said Dalusung. “Most of our capacity is baseload coal power plants, they’re a part of our energy mix. But we don’t need more of them; we have too much. We have to take another step back: what kind of new capacities do we really need to address the situation? We need more flexible capacity, and capacity that is distributed along our grid.” Watch: https://lnkd.in/gaBZDh5B Read ICSC’s report on the power outlook for this summer: https://lnkd.in/gdr6Tyu3  #PowerOutlook2024 #EnergySecurityNow

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Cleanleaf Energy Expands O&M Portfolio to 1.8 GW Cleanleaf Energy, a leading provider of operations and maintenance (O&M) services for the solar industry, has announced a significant expansion of its portfolio. The company has signed agreements to service five new solar projects in Pennsylvania and Georgia, totaling 350 MW. This brings Cleanleaf's total O&M portfolio to 1.8 GW. Cleanleaf's expertise will be leveraged to support these projects through its state-of-the-art Realtime Operations Center located in Dallas. Cleanleaf was established in 2022 as a spin-off from Borrego, which has a ten-year track record of providing exceptional O&M services in the solar sector. With the growing focus on renewable energy, what are your thoughts on the importance of O&M services in ensuring the long-term viability of solar projects? https://lnkd.in/gmmJk8WQ #CleanEnergy #SolarPower #RenewableEnergy #Sustainability #OandM

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Powering Up Wyoming was thrilled to participate in the third annual Wyoming Energy Authority Energy Summit, featuring speakers and panelists from every energy sector across Wyoming, showcasing the powerhouse of energy production and innovation the Equality State is and how the state can support future projects and remain competitive across all areas. During the Energy Summit, PUW led a panel discussion titled “Working Together, Renewables in Wyoming,” with panelists Ryan Fitzpatrick from NextEra Energy, Rawlins Mayor Terry Weickum, and David Fuller from Power Company of Wyoming. Panelists highlighted the billions of dollars of investment in renewable projects and hundreds of millions of dollars of tax revenue going directly to the state and local communities. Mayor Terry Weickum discussed how, without these taxes, Carbon County towns would not have been able to purchase critical needs such as ambulances and police vehicles. Competition with surrounding states was a discussion point. David Fuller emphasized how, when competing with our neighboring states, we are usually “pennies apart” from securing future projects whose investment and taxes provide critical revenue to our towns and counties. During this legislative interim, there will be discussions on generation tax and other renewable energy related policies. As Wyoming leaders continue to discuss this issue, we must recognize that remaining competitive is essential to keeping and attracting businesses to our state. Businesses and industries need certainty; we cannot afford to lose major investments and revenue to our neighboring states. To see the discussion at the WEA Energy Summit, our panel begins at timestamp 2:22:35. https://lnkd.in/g4jeT4SE

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Vitesse Energy, LLC to Buy Bakken Pureplay Lucero in $220MM Deal Vitesse Energy will acquire Lucero Energy Corp.’s Bakken/Three Forks assets, including 25 net remaining locations, 1.9 net DUCs and 20 wells that are candidates for recompletions. Read the full story: https://lnkd.in/gpvguvxb

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Check out live how solar and natural gas are complementing each other in California's grid: https://lnkd.in/dbYt-dHT

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Leeward Renewable Energy, LLC Energy and California utility Pacific Gas and Electric Company have signed a 15-year resource adequacy (RA) agreement for the 112.5MW/450MWh Sierra Pinta battery energy storage system (BESS) in Yuma County, Arizona. Set to start construction in September, the project is expected to be operational by H1 2025. Although located in Arizona, the Sierra Pinta BESS will benefit both Arizona and California’s electricity networks, enhancing reliability and capacity across the Western Interconnection. Adjacent to Leeward’s 179MW White Wing Ranch Solar project, the Sierra Pinta BESS signifies a growing trend in large-scale energy storage in Arizona, with other significant projects also underway. California, a leader in the US BESS market, continues to drive demand due to its high solar PV deployments and energy needs. This RA agreement underscores the collaborative efforts to bolster renewable energy infrastructure and secure reliable power for the future. #renewableenergy #bess #solarpower #energytransition #leewardenergy #pge #resourceadequacy #cleanenergy #renewable #batterystroage #batteries #sustainability #energystorage #california #arizona #collaboration

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Wyoming's highest court rejected a scheme to reduce compensation to small solar net-metering customers. But lawmakers may again try to reform the law, citing contested notions of unfair subsidies. ☀ ⚡ Climate and energy reporter Dustin Bleizeffer has more. 👇 #solarenergy #rooftopsolar #solarpower #utilityindustry #utilities #renewables #renewableenergy #wyoming #smallbusinesses #netmetering #energy

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In today’s world, we are witnessing groundbreaking innovations in harnessing energy sources. At Aspen, we play a key role in helping to drive forward these technological advancements by assisting California agencies in evaluating and funding proposed grant applications for energy projects. Learn more in the video about how Aspen is an integral part of the energy evolution. 

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