Plus Power Secures Financing for New England’s Largest Battery Storage Projects
Plus Power has secured tax equity financing from Morgan Stanley for two of New England’s largest standalone battery energy storage projects: a $95 million investment in Cranberry Point Energy Storage in Massachusetts, and a $65 million investment in Cross Town Energy Storage in Maine. The Cranberry Point facility, a 150 megawatt (MW)/300 megawatt-hour (MWh) solar+storage system in Carver, Massachusetts, […]
Bechtel to Build 430MW Solar+Storage Project in Texas
Engineering, construction, and project management company Bechtel has been selected by Doral Renewables to design and build the Cold Creek Solar+Storage project in Texas. The facilities, spanning two counties, will produce approximately 430 megawatts (MW) of clean energy with more than 850,000 solar panels. The project will also include a 340 megawatt-hour (MWh) battery energy storage system (BESS) […]
Illinois Launches CEJA EV Charging Grant Program
Illinois Environmental Protection Agency (EPA) Acting Director James Jenning announced a Climate and Equitable Jobs Act (CEJA) EV Charging Notice of Funding Opportunity (NOFO) to facilitate the procurement and installation of new Direct Current Fast Charging (DCFC) Level 3 charging stations and Level 2 alternating current charging stations.  The funding is made possible by Governor Pritzker’s bipartisan Rebuild Illinois capital […]