Ørsted has signed an 80 MW PPA with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas.
This is the company’s largest solar project in the U.S., as well as the company’s first project to incorporate conservation efforts with the protection of native prairie tallgrass. Bloomberg is one of four corporate customers buying power from the Mockingbird Solar Center, including Covestro and Royal DSM. The agreement brings the Mockingbird project to a fully contracted status for its 471 MW capacity.
One feature of the project is the agreement between Ørsted and The Nature Conservancy to preserve nearly 1,000 acres of rare, native tallgrass prairie adjacent to the project. Ørsted has purchased over half of the Smiley-Woodfin National Prairie Grassland and will donate the land to The Nature Conservancy once the project reaches operation.
“Ørsted’s commitment to the responsible development of clean energy at Mockingbird Solar Center demonstrates that conservation and clean energy can coexist,” says Ørsted’s Monica Testa. “We’re proud to partner with Bloomberg in support of their sustainability goals and thrilled to see companies continue to prioritize the responsible development of clean energy in line with nature.”
The Mockingbird Solar Center builds on the company’s existing footprint in Texas, which includes 12 wind, solar, and storage projects in operation or under construction across the state.
The post Bloomberg, Orsted Announce 15-Year Renewables PPA appeared first on Solar Industry.
Renewable Energy
ACORE Statement on Treasury’s Safe Harbor Guidance
ACORE Statement on Treasury’s Safe Harbor Guidance
Statement from American Council on Renewable Energy (ACORE) President and CEO Ray Long on Treasury’s Safe Harbor Guidance:
“The American Council on Renewable Energy (ACORE) is deeply concerned that today’s Treasury guidance on the long-standing ‘beginning of construction’ safe harbor significantly undermines its proven effectiveness, is inconsistent with the law, and creates unnecessary uncertainty for renewable energy development in the United States.
“For over a decade, the safe harbor provisions have served as clear, accountable rules of the road – helping to reduce compliance burdens, foster private investment, and ensure taxpayer protections. These guardrails have been integral to delivering affordable, reliable American clean energy while maintaining transparency and adherence to the rule of law. This was recognized in the One Big Beautiful Act, which codified the safe harbor rules, now changed by this action.
“We need to build more power generation now, and that includes renewable energy. The U.S. will need roughly 118 gigawatts (the equivalent of 12 New York Cities) of new power generation in the next four years to prevent price spikes and potential shortages. Only a limited set of technologies – solar, wind, batteries, and some natural gas – can be built at that scale in that timeframe.”
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ABOUT ACORE
For over 20 years, the American Council on Renewable Energy (ACORE) has been the nation’s leading voice on the issues most essential to clean energy expansion. ACORE unites finance, policy, and technology to accelerate the transition to a clean energy economy. For more information, please visit http://www.acore.org.
Media Contacts:
Stephanie Genco
Senior Vice President, Communications
American Council on Renewable Energy
genco@acore.org
The post ACORE Statement on Treasury’s Safe Harbor Guidance appeared first on ACORE.
https://acore.org/news/acore-statement-on-treasurys-safe-harbor-guidance/
Renewable Energy
Should I Get a Solar Battery Storage System?
Renewable Energy
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