NextEra: wind+solar+storage the “next phase” with 21 GW available
NextEra continues to show growth in both projects deployed and its pipeline of solar, wind and energy storage, with solar projects alone growing by 485 MWac.
California just made more clean energy than it needed
The state’s grid operator has shown that for most of the period between 1:50 PM and 3:05 PM on Sunday April 21, more CO2-free electricity than users demanded was generated in the region it covers.
New York’s VDER gets a few tweaks
New York State regulators have issued an order that advocates believe will increase the ability of large solar power projects to get financing, including allowing anchor tenants on community solar projects, increased compensation for upstate projects, more predictable compensation, and small commercial net metering for those that install before 2020.
It’s all about the efficiency
An analysis by mono PV maker LONGi shows the math on how increases in module efficiencies drive down balance of system costs.
London IPO raises $200 million to invest in solar in the Americas
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 solar power record setting season is here
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.
California 93% clean electricity, a new solar roof sold out into 2020; pvMB 4/12/19
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!
SEIA’s soliloquy for solar+storage, stability and transmission in California
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 community solar lottery results are in. Did you win?
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.
Solar power investments mostly up on VC & debt as money pours into large-scale 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.
