US Solar Fund has completed its initial public offering on the London Stock Exchange, raising $200 million with a goal to investing in $4.8 billion in utility-scale projects across the Americas.
California’s grid operator reported breaking 11 GW of instantaneous power from large-scale solar power on Saturday at 1:50 PM. Twenty minutes beforehand, the CAISO grid was exporting a record 1.5 GW of electricity, and last Wednesday it hit 93% clean electricity for a moment.
Headed into that sweet, sweet weekend EVgo is installing battery storage at its charging stations, solar installer is the fastest growing job in the nation, ACORE is hiring executives and more!
In response to updates of California’s proposed 12 GW Integrated Resource Plan, SEIA has suggested deeper evaluation of the grid value of solar+storage vs. solar alone, more consideration to transmission of solar generation, and a consistent procurement model to support business continuity.
The Illinois Power Agency has chosen the community solar projects that will receive SRECs as part of the state’s renewable energy procurement plans. The agency also awarded 124 MWac of large (>10 kWac) distributed generation projects.
Mercom Capital Group’s Q1 2019 Solar Funding & M&A report shows $2.8 billion in venture capital, public market and debt financing, versus $2.5 billion a year ago. Large-scale project financing reached a record $5.58 billion across 43 deals, while there were 18 solar corporate M&A transactions.
Hanergy displayed the newest rendition of its 18.7% Thin Film Flat SOLARtile in Australia last week as it gears up for the U.S. and global product launch later in 2019.
Sunrun has proposed that the City of Los Angeles set its sights on 75,000 residential solar+storage systems (860 MWdc of solar plus 1.2 GWh of energy storage) by 2030 with the goal of replacing one of the region’s three retiring gas plants, while saving $60 million in electricity costs.
It’s springtime – so get outside this weekend – but first read your pv magazine morning brief where we talk about GameChange manufacturing in Detroit, 1.3 GW of energy storage coming to New England, solar cost recovery approved in Florida, and more!