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Swinerton Renewable Energy will standardize its entire solar fleet on Locus Energy's SolarNOC monitoring platform and PVIQ analytics suite as part of its SOLV enterprise solution for optimizing and managing plant Swinerton Renewable Energys. By leveraging Locus Energy's web-based SolarNOC software, Swinerton's fleet operators will be able to more efficiently organize and assess performance data over a set of solar PV assets spread across a geographical area, as well as streamline O&M workflows.
Southern Power acquired the 150-MW Solar Gen 2 solar facility in California from First Solar. The Solar Gen 2 facility is being built and will be operated and maintained by First Solar. Construction of the project began in 2013. Completion of the project is expected to occur later in the fourth quarter 2014. Southern Power will initially own 100 percent of the project, with First Solar agreeing to acquire a minority interest subject to certain terms and upon fulfillment of certain conditions.
NRG Energy and MGM Resorts International completed installation of the world's largest rooftop solar array on a convention center. Covering approximately 20 acres atop the Mandalay Bay Resort and Casino, the 6.4-MW photovoltaic array will produce enough electricity to power the equivalent of approximately 1,000 U.S. homes annually and is the first of its kind on the Las Vegas Strip. NRG financed, constructed, owns and operates the installation for MGM Resorts at Mandalay Bay Resort and Casino.
NRG Energy acquired Pure Energies Group, a residential solar industry leader in the critical area of web-based customer acquisition. Pure Energies completes the residential solar capabilities NRG has been working to assemble and complements NRG’s acquisition earlier this year of Roof Diagnostics Solar. Pure Energies and its proprietary customer acquisition process will help NRG Home Solar reduce customer acquisition costs while providing a simplified solar adoption process.
The Clean Power Plan's largest obstacle is how its cost is distributed disproportionately among the states.
SunEdison and BlueWave Capital completed a 1.8-MW solar power plant constructed on a remediated EPA Superfund site in New Bedford, Massachusetts. The City of New Bedford is the owner and host of the site and will purchase the net metering credits generated from the system. SunEdison partnered with BlueWave Capital to develop the project, arranged construction financing and permanent financing for the project, and managed local partners to provide EPC services.
Duke Energy committed $500 million to a major expansion of solar power in North Carolina. The company will acquire and construct three solar facilities - totaling 128 MW of capacity - including the largest solar PV facility east of the Mississippi River. Duke Energy also signed PPAs with five new solar projects in the state, representing 150 MW of capacity. Together, the eight projects will have a capacity of 278 MW.
Dominion acquired two solar energy projects totaling 42 MW from EDF Renewable Energy. The acquisitions of the California projects are expected to close in 2015. The Cottonwood project, with solar sites located in Kings, Kern and Marin Counties, has secured a 25-year PPA, interconnection agreements and EPC contracts. The company anticipates that the 24-MW solar energy facility will come online in the first half of 2015. The Catalina Solar 2 project, located in Kern County, has secured a 20-year PPA, an interconnection agreement and an EPC contract.
Google agreed to provide $145 million in equity financing for the Regulus, SunEdison's largest developed and constructed project in North America. Located in Kern County, Calif., the Regulus plant will begin operation later this year, and will supply power to Southern California Edison through a 20-year PPA. SunEdison developed, designed, executed the structured financing and is constructing the Regulus project, which was contributed to TerraForm Power.