Morning Brief: 8minute Solar adds 3 GW of large-scale solar projects to the pipeline, Total wins projects in France
Also in the brief: California regulators will include avoided transmission costs to the valuation of distributed energy resources, the Southeastern Pennsylvania Transportation Authority has signed two power contracts, Philadelphia has reopened its Solarize Philly program and more.
Fitch rates 550 MW First Solar-installed Topaz project notes at ‘C’ despite superb performance
The credit rating of the Topaz project has been at “C” since 2019 because of the liability of having a bankrupt offtaker — PG&E. In the meantime, the ratings document affords some insight into mega-project finance and power generation performance.
Kauai was 56% renewably powered in 2019
Building on stretches of 100% renewable generation in late 2019, the island met 56% of its electrical demand with renewables over the year, easily surpassing state and local goals.
Los Angeles to explore solar partnership with the Navajo Nation
The partnership would pursue cost-effective solar projects that benefit ratepayers and provide “environmental justice and economic equity to the Navajo Nation,” after the city received power from the coal-burning Navajo Generating Station for decades—and paid less than fair value for coal, land leasing, and water, say advocates.
Morning Brief: Illinois’ largest project has a power contract, financing secured for 134 MW in North Carolina
Also in the brief: Solis has earned SunSpec rapid shutdown certification, EDF renewables has partnered with Cubic Corporation on a solar, storage and EV charging installation, NextEra Energy has raised $4 million in COVID-19 emergency assistance and more.
First Solar signs PV-plus-storage PPAs with community choice aggregators
The First Solar-developed Rabbitbrush project will provide electricity for these two community choice aggregators for 15 years.
NEXTracker was the largest tracker provider in 2019
The ten largest solar tracker companies accounted for 88% of the market last year, according to analyst Wood Mackenzie, with the market growing 20% from 2018.
Solar system fires are on the rise
Historically underreported by the U.S. Fire Administration, Lawrence Shaw of Higher Powered, LLC has found that fires at solar installations rose 36% from 2017 to 2018. With residential installations representing the majority of fires, he believes mandated infrared imaging could be the key to bringing the number down.
Navajo Power CEO sees 10 GW renewable potential across the Navajo Nation
While an Arizona utility solicits bids for a 200 MW solar project within the Navajo Nation, the near-term potential is 10 GW, says Navajo Power CEO Brett Isaac.
Morning Brief: Germany’s solar panels produced record amounts of electricity, Pittsburgh goes renewable for a day
Also in the brief: Montana high school students raise money for a solar installation, Pacific Gas & Electric is tapping into two Li-ion battery storage projects, a startup from Germany has developed a solar-powered UV disinfection station and more.
