In a “global tensions escalate” scenario, McKinsey expects less solar and energy storage deployment through the decade.
Solar and wind generated 40.2% of the ERCOT grid’s electricity this year through June. When coal plants shut down for unexpected maintenance, solar and wind stepped in, providing about 50% of generation during peak summer demand in the highest electricity consuming state in the union.
The company priced an oversubscribed securitization for a portfolio of over 63,318 solar and energy storage systems across 12 states and Washington D.C.
The kit includes two 50 W solar panels, a 400 W inverter, and two batteries and powers devices directly with 120V GFCI ports and USB ports.
Primergy Solar announced it reached commercial operations for the project in Hill County, Texas.
Solar and wind projects on public lands will now undergo “elevated review” by Department of Interior head Doug Burgum.
Four solar projects for a 104 unit multifamily were supported by the 30% federal investment tax credit, plus a 10% adder for its designation as a low-income community project – credits that are soon going away under the new Republican budget bill.
Solar funding declined year-over-year for venture capital, public market and debt financing, falling from $17.8 billion in the first half of 2024 to $10.8 billion in the first half of 2025, said a report from Mercom Capital Group.
The Imperial Irrigation District noted that 13,000 acres of fertile land have been converted for solar, but it noted renewable energy is an important part of the region’s present and future.
The California Senate Energy, Utilities and Communications Committee voted to preserve solar net energy metering agreements for Californians that sell or transfer their homes.
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