National Grid Renewables has initiated operations at its Wild Springs Solar Project in Pennington County, S.D.
The largest solar project in the state to date, Wild Springs is a 128 MW development located in the Southwest Power Pool (SPP) with a 114 MW power purchase agreement with Basin Electric Power Cooperative.
“The completion of Wild Springs marks a significant step in our commitment to bringing clean, sustainable energy solutions to the state of South Dakota,” says Blake Nixon, president of National Grid Renewables. “We’re excited to see the impact of this project reach local and state residents through additional tax revenue, charitable contributions, and above all else – clean energy solutions.”
“Basin Electric has been evaluating solar generation for many years,” adds Chris Baumgartner, Basin Electric’s senior vice president of member and external relations. “We are excited to add solar to our all-of-the-above generation portfolio, which includes dispatchable resources such as coal and natural gas and non-dispatchable resources such as wind and now solar. This diverse portfolio allows all these resources to work together to provide the maximum amount of reliability at the lowest-possible cost for our members.”
Wild Springs celebrated its groundbreaking with a “Solar Does Good” community event, which highlighted the many benefits for local and state communities. The project is anticipated to provide approximately $29.5 million in direct economic impact over the first 20 years of operations, including $12 million in new tax revenue over the same time period. Additionally, and unique to National Grid Renewables, Wild Springs plans to contribute $500,000 in charitable giving to the local New Underwood school district over the first 20 years of operations.
The post South Dakota’s Largest Solar Project Comes Online 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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