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LFP Batteries: The Leading Choice for Energy Storage Projects

Posted by Beth Bremer on Oct 13, 2021 11:32:22 AM

Energy storage is rapidly becoming more common in combination with large-scale renewable energy projects in order to deliver dispatchable power. According to industry analysis from Wood Mackenzie, the energy storage market is expected to grow 27 times from 2020 to 2030. The team at Crossover has led the development, modeling, valuation, procurement, and offtake efforts for over 1400MW of storage projects, and Crossover is a developer on the leading edge of renewable energy projects nationwide.

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LFP Batteries: The Leading Choice for Energy Storage Projects

Posted by Beth Bremer on Oct 13, 2021 11:32:22 AM

Energy storage is rapidly becoming more common in combination with large-scale renewable energy projects in order to deliver dispatchable power. According to industry analysis from Wood Mackenzie, the energy storage market is expected to grow 27 times from 2020 to 2030. The team at Crossover has led the development, modeling, valuation, procurement, and offtake efforts for over 1400MW of storage projects, and Crossover is a developer on the leading edge of renewable energy projects nationwide.

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Crossover Energy Partners Teams Up with KKR to Accelerate The Clean Energy Transition

Posted by Crossover Energy Partners on Jun 30, 2021 4:00:00 AM

Industry veterans advancing deep decarbonization of the utility and industrial energy market gain support from one of the world’s leading investment firms

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Grid Parity 2.0

Posted by Shaughn Ryan on Jun 28, 2021 4:16:32 PM

Having been in the solar industry since 2003, I have witnessed firsthand the monumental achievements in cost reduction. Historically this effort was solely focused on one goal—LCOE reduction—that is the lowest cost of energy for the life of the operating solar plant. CAPEX was the elephant in the room that wasn’t really hiding in the corner. There was a time, in an all-hands meeting back in 2007 (right after a particular industry-changing merger), in which our esteemed leaders proclaimed we would hit $2/Wdc installed by 2012. I was a project manager responsible for project costs and knew what all the numbers were going into projects. I looked at my fellow project managers and chuckled, almost out loud. We were highly competitive price-wise and installing around the $7-8/Wdc at the time.

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2021 Perspective on ITC

Posted by Liz Studlick on Jun 28, 2021 11:28:09 AM

Originally established in 2005, the investment tax credit (ITC) is a federal policy allowing owners of new solar projects to deduct over a quarter of the cost of installing the system from federal taxes. This tax shield provides a powerful incentive to install solar and has been critical to bringing down installation costs and accelerating adoption. The higher the tax shield, the more attractive new projects are to investors and the more affordable energy ultimately is for the customer, helping solar phase out legacy fossil fuel-based generation. 

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This PPA Offer Seems Too Good to be True…is it?

Posted by Sarah Krulewitz on Jun 25, 2021 8:11:53 AM

 
The downside of the develop-and-flip model in an overly saturated energy market

 

The solar industry is expected to install a cumulative 324 gigawatts DC of new capacity over the next decade according to Wood Mackenzie’s 10-year forecast. At the end of 2020 there were nearly 500 gigawatts of solar and 200 gigawatts of storage in the interconnection queue across the United States1. This number is only growing. The question is, who will own and operate all of these projects if and when they are contracted? 


 

                          

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