Microsoft Corp. yesterday said that it made the largest corporate purchase of solar in the U.S. from two projects in Virginia. According to the company, it will buy 315 MW from the Pleinmont I and II solar projects, which are part of sPower’s larger 500-MW Pleinmont project. sPower is an AES and AIMCo company. “Microsoft’s participation is a game-changer for this project and for other buyers,” Ryan Creamer, CEO of sPower, said in a statement. “Their early commitment helped en
The most recent Long-Term Energy Plan (LTEP), Delivering Fairness and Choice, was released by the Ministry of Energy on October 26, 2017. The full version, associated background and recent activities are available on the Ministry of Energy website.
The LTEP builds on the years of investment that Ontarians made to renew and clean up the province’s electricity system. As a result of phasing out coal-fired electricity generation in 2014, emissions for Ontario’s electricity sect
It seems that with every passing week the topic of raising Ontario’s electricity rates is written in the local news and discussed in coffee shop conversations around the province. And for whatever reason, many people seem to blame renewable energy for those raising electricity rates. But let’s look at the facts.
In a recent Ontario-based study, electricity from solar technology was responsible for only 5 percent of the average residential electricity bill in 2016. The study
Solar costs are set to fall faster, again according to a leading renewable energy organization Utility-scale solar power prices may decline 60 percent over the next decade thanks to improved technologies, and efficiencies, providing underlying support, said the head of the International Renewable Energy Agency (IRENA).
“Battery storage is expected to decline 60-70 percent within a decade,” said Adnan Amin, IRENA’s Director-General.
Plunging battery storage costs will come i