Global Solar Power Market Size Expected to Exceed $194 Billion By 2027
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PALM BEACH, Fla., Feb. 23, 2021 /PRNewswire/ Everything solar is booming! Solar power is now cheaper than coal in some parts of the world, and generating power from the sun is likely to be the lowest-cost energy option globally in less than ten years, according to Bloomberg. In many places around the world, solar is already the lowest-cost option. Even the big utilities are moving rapidly toward solar (and wind, which is also poised to best coal in terms of cost). The New York Times reports that Xcel Energy which provides electricity to the middle of the country, from Colorado to Texas to Michigan has asked for proposals to build large wind and solar power plants in Colorado, and bids are already coming in lower than the operating costs for coal plants. West Coast energy provider Pacific Gas & Electric has committed to making
HARRISON TOWNSHIP A proposed 108-megawatt solar field on 512 acres of Harrison Township farmland could provide a financial windfall for property tax recipients, especially Southwest Licking Schools.
Union Ridge Solar, a subsidiary of Leeward Renewable Energy, announced plans to construct the solar field near the AEP Kirk substation on Watkins Road, on property north of Refugee Road, west of York Road, south of Blacks Road and on both sides of Watkins Road.
The company would pay a flat fee of least $753,000 annually for 30 years, or $22.6 million, if the project receives the required state and local approvals for the Qualified Energy Tax Exemption Program. The minimum payment would be in lieu of taxes, based on a state law assessing $7,000 per megawatt for such solar and wind fields. The amount could be increased up to $9,000 per megawatt, or $969,300 annually.
The renewable energy arm of a Canadian pension fund has proposed a 108-megawatt solar field on 512 acres of farmland in Harrison Township.
Union Ridge Solar, a subsidiary of Leeward Renewable Energy, announced plans to construct the solar field near the AEP Kirk substation on Watkins Road north of Refugee Road.
The development could meet demand for power by Facebook, Google and Amazon datacenters in western Licking County and could provide a financial windfall for property tax recipients, especially Southwest Licking Schools.
Union Ridge would pay a flat fee of least $753,000 annually for 30 years, or $22.6 million, if the project receives the required state and local approvals for the Qualified Energy Tax Exemption Program. The minimum payment would be in lieu of taxes, based on a state law assessing $7,000 per megawatt for such solar and wind fields. The amount could be increased up to $9,000 per megawatt, or $969,300 annually.
First Solar continues US asset sell-off as Arizona portfolio changes hands pv-tech.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pv-tech.org Daily Mail and Mail on Sunday newspapers.
Leeward is acquiring First Solar’s 10GW US solar pipeline, and there is a “high likelihood” that the new owner could operate the portfolio with its own team.