IRS rules energy storage upgrade to solar tax credit eligible

In a Private Letter Ruling published on Friday, the IRS said that a battery added to a solar pv system a full year after solar installation was completed is eligible for a the full 30% tax credit – as long as it is 100% powered by solar.

Virginia legislature passes sweeping energy bill

The bill rescinds a 2015 rate review freeze to defend consumers against potential Clean Power Plan costs, and calls for much larger and faster deployment of renewable energy.

Solaria suing partner over trade secret misappropriation

The company is suing Genesem, a South Korean equipment manufacturing partner, for using Solaria’s technology outside of agreements.

HECO seeks 300MW of renewable energy in new RFP

Utilities on three Hawaiian islands have put out a request for proposals to build wind and solar projects, with an option of energy storage. The goal is to maximize ITC value before it drops down in 2022.

FPL completes 298 MW of solar

The utility has brought four 74.5MW solar plants online. FPL now owns 930MW of solar generation resources.

Tesla has begun installing world’s largest rooftop pv system

The battery, solar and EV maker’s Gigactory in Nevada is projected to be the world’s largest building by footprint when its completed, and its rooftop can fit roughly 100,000 solar panels.

Enphase seeks Section 201 exclusion for AC modules

The company has registered as a lobbyist with K Street’s most experienced WTO law firm – Sidley Austin LLP.

12 hours of energy storage enough for U.S. to run on 80% solar+wind

Scientists in California have modeled a solar-heavy/wind power electricity grid, without nationwide HVDC, that could reliably deliver 80% of U.S. electricity needs. 100% of needs would require 3 weeks of energy storage.

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Solar rises to nearly 2% of U.S. generation in 2017

Generation from U.S. solar increased 41% last year to 1.9% of all electricity, with solar making up more than 10% of generation in California, Nevada, Hawaii and Vermont.

Terraform Global refinancing suggests yieldco health

The yieldco has refinanced a 9.75% debt package due in 2022 into a 6.125% debt package due in 2026. The financing covers various portions of just over 1GW of solar, wind and hydro projects.

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