U.S. solar industry week in review


Microsoft announces largest-ever corporate procurement of renewable energy The tech giant signed a power purchase agreement for 10.5 GW of renewable energy to help power its datacenters with clean energy. Cost to build is projected at more than $11.5 billion to build, according to Bloomberg NEF.

In a smart solar move, Virginia General Assembly passes pro-solar legislation  Going into effect July 1, passage of House Bill 1062 and Senate Bill 271 will further incentivize solar and energy storage at the residential and commercial levels.

California hits energy storage milestone Batteries dominate the evening grid with 10 GW/40 GWh of capacity.

Governor Newsom joined state officials at a battery storage and solar facility in Winters to celebrate the milestone during Earth Week.

Image: Office of Governor Gavin Newsom

New green bank to support distributed solar and storage in the Appalachian region The Green Bank for Rural America will support community lenders in Appalachian communities to finance climate-supporting projects including distributed solar and storage. The bank and four others received a total of $6 billion in federal awards.


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