Solar co. Nextlight lands 230-MW deal with PG&E
NextLight Renewable Power, a solar company developing 2,100 Californian acres into what will be the AV Solar Ranch — a $1 billion solar array producing 230 megawatts — has landed a power purchasing contract with Pacific Gas & Electric. The plant will break ground next year in Antelope Valley, Calif., and is expected to be fully operational by 2013. The project could ultimately generate 592 gigawatt-hours of electricity a year for up to 90,000 PG&E… Continue Reading
Ice Energy takes a big funding round to shut off your air conditioning
Air conditioning is one of the nation’s top energy hogs, particularly in the warmer regions. When a heat wave is approaching, energy utilities know to kick their extra generation capacity into gear, and prepare for potential blackouts. But Ice Energy thinks it can make a big difference by storing power overnight, to run air conditioning units during the day.
The concept is simple: Electricity is plentiful and cheap at night, when demand is low, so the… Continue Reading