Private equity sees gold in solar power development
Ares Management LP’s energy and infrastructure fund has announced a plan to acquire a majority stake in Conti Solar, a solar power developer and EPC which has built 500 MW of solar projects.
Rocky Mountain Power’s incremental evolution
Rocky Mountain Power’s 20 year Integrated Resource Plan has been accepted by Idaho regulators. The plan calls for more wind and solar, greater efficiency, and very little net demand growth.
Another gas plant spurned as renewable energy takes over in California
The Glendale, California City Council voted 4-1 to put a gas generation plant upgrade on hold to explore renewable energy and storage options.
Will Powerhouse rise from the dead? RGS taps manufacturing partners
RGS Energy has contracted with Risen Energy, along with others, to help it commercialize the most recent incarnation of Dow’s Powerhouse Solar Shingle.
Solar ownership still tilts towards high income, but evolving
An analysis of more than 800,000 solar installations has found that the median income of pv adopters is $32,000 per year higher than the median of all households, but the median income of buyers is on a downward trend.
Maryland report shows distributed solar’s real power is people
An analysis submitted to Maryland regulators found that distributed solar’s economic benefits – mostly labor associated revenue – was worth six times the value of the electricity to the grid.
Utilities win in South Carolina solar vote
A bill to lift net metering caps in South Carolina fails, after a technicality was used to force the bill to secure a 2/3 majority.
The customer has spoken – 74% want energy storage
EnergySage’s latest Solar Marketplace Intel Report shows solar shoppers are interested in batteries as well. Additionally, buyers have become hardware focused, pushing flexibility and efficiency.
Global solar power funding slows during Q1, 7.7 GW of assets change hands
Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
Southern Company pledges “low-to-no” carbon electricity by 2050
The CEO of the southern power giant has made a pledge of heavy carbon reduction at the BNEF Future of Energy Summit, but the details are murky and contradictory, and wrapped in layers of mythology.
