200 eligible customers can pay a price slightly below current rates for power from a new 2.5 MW solar project in East Austin.
The U.S. development division of the Japanese thin film PV maker has now developed and sold six utility-scale solar projects totaling 173 MW.
The move shows an EPA struggling to comply with the Supreme Court’s CO2 endangerment finding, while still favoring coal and other fossil fuel industries.
In addition to the BEAT provision, finance experts say changes to the corporate tax rate and other elements in the tax reform bill will have multiple effects on profits from renewable energy projects, project finance, and the value of tax credits.
In this interview Mark Widmar talks about the market for PV modules and his company’s supply situation, First Solar’s position in the Section 201 case, and the role he sees for solar in the future of energy.
The national organization representing state-level utility regulators is calling on FERC to make changes, including moving from administratively set prices to auctions.
In this interview BNEF Senior Analyst Nathan Serota explains the details of the 80% offset under the new BEAT provision in the final tax reform legislation, and what this means for solar and wind finance.
The regulatory authority says that while assessment of the capacity contributions of wind and solar is improving, that more work is needed to capture the benefits of such resources, and notes that a lack of visibility into distributed solar represents a new challenge.
The application of the BEAT provision has been dialed back, however the law adds new complexity and it is not clear how investors will react to the new system.
The new generation will allow the idiosyncratic city’s utility to get 51% of its power from renewable energy by 2020.
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