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US residential photo voltaic and battery storage firm Sunnova Vitality Worldwide Inc (NYSE:NOVA) has secured 38 MW within the newest ISO-New England ahead capability public sale, FCA17.
The corporate mentioned on Monday this implies it now has the most important wholesale market capability place by a behind-the-meter photo voltaic and battery storage developer within the New England area. The newest win takes its complete capability cleared within the ISO-NE market to greater than 188 MW.
Sunnova’s dedication is priced at some USD 2.59 (EUR 2.42) per kW-month, with the gross worth throughout the time period anticipated to be about USD 16 million.
Ahead capability auctions (FCAs) for the New England energy system are held yearly. ISO New England on Friday mentioned the newest public sale secured 31,370 MW of capability commitments for the 2026/2027 interval.
This consists of greater than 5,000 MW of recent and present photo voltaic and wind era, vitality storage, and demand assets. Virtually 750 MW of recent renewable vitality, vitality storage, and demand-reducing assets cleared the public sale.
“This year’s auction secured the lineup of resources—including clean electricity generation, energy storage, and resources that reduce demand—needed to meet the region’s power system reliability requirements, at a low price,” mentioned Peter Brandien of ISO New England.
Sunnova government Michael Grasso commented that the corporate’s efforts to increase its portfolio profit not solely its clients but additionally the broader group.
(USD 1 = EUR 0.934)
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