PNE has sold solar PV capacity of 199 MW in the US and 81 MW in Romania; DSD to acquire 7.5 MW rooftop solar portfolio from Dynamic Energy; SEIA sees negative impact on Florida's rooftop solar segment with HB 741 bill.
PNE sells 280 MW solar in Romania and US: The US presence of Germany's Pure New Energy (PNE) AG has sold 2 solar power plants with a combined capacity of 280 MW in the US and Romania. The US project with 199 MW capacity is at an early development phase and has found a buyer in an unidentified leading operator. PNE said this one has the potential to expand under a 2nd phase which can take the total capacity of the plant to 398 MW. When that happens, it could become one of the largest PV plants in the State of Utah, it added. The Romanian project with 81 MW capacity has been sold to Econergy International of Israel. It is at a ready-to-build (RTB) stage. Primarily into the wind energy space, PNE said currently it is working on PV projects with a nominal output of over 1 GW.
DSD acquires 3 rooftop solar projects: DSD Renewables has acquired 3 rooftop solar projects in New Jersey and Connecticut from Dynamic Energy and will acquire 3 more facilities in Massachusetts and Virginia later this year, all representing a combined capacity of 7.5 MW. Dynamic Energy will work as the EPC service provider for the facilities and DSD will be the long term owner and operator of the portfolio that's likely to come online in 2022.
SEIA protests Florida bill: The US Solar Energy Industries Association (SEIA) has called the HB 741 bill passed by the Florida Legislature on March 7, 2022 as a 'nightmare' as it claims its clearance will negatively impact the state's growing rooftop solar industry. The bill will phase down net metering and allow utilities to charge 'unlimited' fee on over 100,000 solar customers here by 2026. This will give the utilities stronger monopoly in the energy space. "States that enact bad legislation like this will see much of that business growth disappear, and we're urging Governor DeSantis to veto the bill and maintain Florida's place as a national energy leader," stated SEIA's Southeast Regional Director Will Giese.