Utility-Scale Solar and Storage Market Predictions for 2023-24
The renewable energy industry has seen no shortage of developments in the last few years, and the future looks bright.
Small solar panels have a long history of powering equipment on remote well pads as well as pipeline right-of-way. And today, utility-scale solar offers a compelling opportunity for oil and gas producers and other industry entities to simultaneously improve their bottom lines.
Redeux Energy Partners LLC (Redeux), a developer of utility-scale solar and energy storage projects, today announces its continued momentum including: Exceeding 2022 development goals for market coverage, leased acreage and multi-gigawatt capacity of projects with filed interconnection; Entry into a multi-state land lease with Farmland Partners Inc. (NYSE: FPI), the nation’s largest publicly traded farmland REIT by U.S. acreage; The addition of five senior team members, bringing…
The farming and solar energy industries may appear to be at odds with each other regarding land use – both need large land positions in order to succeed. That said, solar developers and farmers have been working together for decades, forming mutually advantageous partnerships.
Propelled by market force and policies that support investment and deployment of large-scale projects, the solar industry is booming. But the industry now faces the increasing challenge of finding land – finding and securing enough of it to accommodate the utility-scale solar (plus storage) that we’ll need to achieve the clean energy transition. Read More
A new Denver renewable energy startup aims to develop large-scale projeA new Denver renewable energy startup aims to develop large-scale projects, focusing first on building solar power where it can repurpose coal mine, utility properties or other land that’s been used in fossil fuels. Major investment funds with ties to energy have backed Redeux Energy Partners, and it’s led from… Continue reading…
Redeux Energy Partners, a developer of utility-scale, clean energy projects, today unveiled additional details about its capital backing, operations and plans to develop gigawatts of renewable energy and storage assets. The funding was closed in late 2020, led by a combination of Cathexis Holdings and Thoroughbred Holdings. The Company’s uses of the funding include the continued development of over a gigawatt of projects, land acquisition, interconnection…