Energy Storage News•18 days ago
Hanwha and Morrison’s Chrysalis partner for 3.5GW of solar and storage in North America
- •Hanwha and Morrison's Chrysalis have partnered, backed by a US$30 billion infrastructure giant, to develop 3.5GW of solar and energy storage projects across North America.
- •This substantial new capacity will increase the supply of renewable energy and storage, potentially driving down PPA prices for large power consumers seeking clean energy solutions.
- •Developers should anticipate increased competition for interconnection queue positions and PPA opportunities, while large loads will benefit from a broader and potentially more competitive market for long-term renewable energy contracts.
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