“Because economies were shut down, we also had concerns about the companies in which we had investments, and we had to think about how we could help those companies get through the pandemic.”
“As Congress looks to recover jobs and spur new economic activity that leads to job growth and consumer savings, they should prioritize extending and expanding the ITC for distributed clean energy,” CALSSA said.
“We’ve averaged 2.4 cents a kilowatt hour for the last six months for PPAs. That’s actually too low. I think we would be fine at 3.4 cents… I don’t think that solar and wind industries would skip a beat [without their tax incentives], and they have other policy mechanisms.”
The Clean Energy Accelerator, as envisioned in legislation introduced earlier this year and late last year, pairs each public dollar with multiple private dollars to expand clean energy’s reach in the US.
The solar industry may have to certify that there is no forced labor in its value chain.
“Order volumes have increased significantly” and Sunrun expects to grow megawatts deployed by over 20% sequentially in the third quarter.
Despite the pandemic, residential solar growth continues. Commercial solar, always the problem child, is having trouble coping with the virus.
An improved quarter for Enphase was carried partially by the American launch of the Encharge storage system, as well as impressive revenue improvements in the European market.
In a report this May, the PEAK Coalition said that New York City’s gas peaker plants are “perhaps the most egregious energy-related example of what environmental injustice means today.”
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.