Cubico Sustainable Investments has commenced operations at Crossett Solar Park, a 132 MW PV facility located in Ashley County, Ark.
Google has completed a long-term PPA with Crossett to support its data center operations in the Midwest.
In June, the tax equity financing for the project was closed with Greenprint Capital, acting as the tax equity partner. The solar farm commenced commercial operations last month.
Following the completion of the Delta’s Edge solar farm in Mississippi, which entered operations last December, Crossett became Cubico’s second operational project connected to the Midcontinent Independent System Operator.
“With the successful launch of Crossett Solar Park, our team continues to demonstrate its capability in delivering high-quality renewable energy projects while actively developing a strong greenfield pipeline,” says Cubico’s Stacey Kusters.
“We are delighted to partner with Google to provide their data center campuses in the Midwest with carbon-free energy from one of our assets. This Power Purchase Agreement highlights the crucial role of clean energy projects in sustainably powering data centers as the demand from AI and machine learning grows across America and beyond.”
This agreement was facilitated through LEAP (LevelTen Energy’s Accelerated Process), co-developed by Google and LevelTen Energy.
The post Crossett Solar Park Enters Commercial Operations 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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