Ryan Kennedy
Solar cost of electricity beats lowest-cost fossil fuel – even without tax credits
Lazard’s analysis of levelized cost of electricity across fuel types finds that new-build utility-scale solar, even without subsidy, is less costly than new build natural gas, and competes with already-operating gas plants.
Solar tax credits cost $25 billion, but lower bills by $51 billion annually, said SEIA
The $25 billion annual cost of tax credits is far outweighed by the $51 billion in lower electricity bills, $12 billion in federal tax revenue, and $3.7 billion in state and local taxes, found analysis by the Solar Energy Industries Association, Brattle Group, and University of Louisiana.
Enfinity closes $245 million for its 22 GW solar and storage portfolio
The company expanded its credit facility to support development, construction and operation of projects in the United States.
Largest solar project in Southwest Public Power Agency territory is activated
The 300 MW Box Canyon solar project was developed by BrightNight and Cordelio Power.
Residential solar businesses are using AI
EnergySage, Scanifly, Freedom Forever, and Bodhi have all introduced AI-supported tools for solar design, customer service, and workflow management.
Budderfly activates multi-region virtual power plant
The company is now running grid flexibility services for small and mid-sized business customers across the CAISO, NE-ISO, PJM, and SPP independent system operator grids.
Nexamp charts out $3.9 billion investment in U.S. community solar
Nexamp aims to develop 3 GW of community solar through 2028.
Utility-scale solar developer Solv Energy acquires transmission contractor
Solv Energy acquired high-voltage transmission specialist Spartan Infrastructure.
PV Hardware designs solar trackers for resilience in extreme weather
The solar tracker provider provided a case study on performance in Florida and the U.S. Midwest.
Average residential solar project $9,000 more without tax credit, said EnergySage
Reaching an investment breakeven point will take 43% longer if the Senate Finance Committee’s proposal to gut rooftop solar tax credits goes through, said the company.
