Covid-19

The $2 trillion package includes a proposed 10-year extension of the ITC and PTC and calls for further incentives to add transmission capacity. Most solar advocates liked it, but one nonprofit panned it as being too industry-friendly.

The bill aims to thaw frozen tax-equity markets and help the solar and clean energy sectors recover from the economic effects of the Covid-19 pandemic.

The 572 kW systems feature Prism Solar bifacial panels and are installed at a bioscience company’s facilities, which produce Covid-19 test kits.

Gov. Andrew Cuomo said “cutting red tape” will help the state meets its sustainability goals and recover economically from the Covid-19 pandemic.

Solar and wind power installations hit all-time highs and became a larger part of the country’s energy mix in 2020, according to a new report.

Full-year revenues nudged up despite tough comparisons with the end of 2019 for the final quarter of last year. The inverter maker expects to log revenues of $385-405 million in the current three-month window.

Also on the rise: TVA allows local power companies to charge new fees to solar customers, Southwest Power Pool launches an imbalance market, and J.D. Power rates EV charging satisfaction.

The utility has launched a new program, Quick Connect, aimed at accelerating the process for turning on new residential solar systems.

Also on the rise: A coalition of 600 groups urges President-elect Biden to halt utility service shutoffs due to the pandemic, Harrison Street expands its solar owneship portfolio, and a Florida real estate developer eases its way into the solar sector.

For the first time since LevelTen Energy began tracking the market, solar PPA offer prices rose in 2020, with Q4 2020 prices 11.5% higher than a year earlier.