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EU MARKET OUTLOOK - SOLAR POWER

on December 17, 2020

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SOLAR DEVELOPMENTS IN LOUISIANA DRAW INCREASED SCRUTINY

Two years ago, when regulators gave Entergy Louisiana the green light to buy power from a new utility-scale solar plant in West Baton Rouge Parish, the power company’s CEO hailed it as a win for customers and for the environment. But the push to build solar plants in Louisiana has been drawing increasing scrutiny since then, mostly from farmers who fear being crowded out of land leases by solar companies with deeper pockets. In recent months, several parishes have issued moratoriums on utility-scale solar projects. And some legislative leaders took aim at solar developments in the recently ended legislative session, asking the Louisiana Economic Development agency to halt property tax breaks for such projects. CLICK FOR DETAILS

ENERGY INDUSTRY EXECUTIVES TEAM UP ON NEW VENTURE, NUQUEST ENERGY

Energy Industry Executives Team up on New Venture, NuQuest Energy, to Develop Utility-Scale Renewable Energy Projects in the United States CLICK FOR PRESS RELEASE NEW ORLEANS--(BUSINESS WIRE)--Four leading energy business leaders and early-stage investors today announced the formation of NuQuest Energy LLC, a utility-scale renewable energy development company pursuing projects in the United States. The company intends to leverage its extensive experience in engineering, procurement, construction, finance, land leasing, regulatory, project management, and operations to become an industry-leading renewables development company. “Capitalizing on our previous successes, we’re confident that our combined capabilities will propel NuQuest Energy’s growth and drive positive commercial and sustainable environmental energy outcomes,” said Kirk Barrell, NuQuest Co-Founder. We look forward to building a large portfolio of renewable energy and storage projects that makes sense from an environmental

ORSTED COMMITS TO 518 MW HYBRID GIANT IN TEXAS

"Orsted has taken a final investment decision on a 518MW hybrid wind and solar project in the US state of Texas with an expected operational date in the first half of 2022. The Helena Energy Center consists of the 268MW Helena wind farm and 250MW (AC) Sparta solar PV farm." CLICK FOR DETAILS