Duke Energy, Wal-Mart reach agreement in REC structure case
The two giants, one in the utility sector and the other in retail, have reached an agreement over the protested bill credit model in Duke’s Green Source Advantage Program and Rider.
Mitsubishi buys controlling stake in Nexamp
The acquisition of a share in Nexamp follows on Mitsubishi’s acquisition of BETM, which the company says will serve as the foundation for nationwide clean energy push.
Big steel goes big solar
A deal between Xcel Energy and steelmaker EVRAZ includes the building of a 240 MW solar project near the company’s Rocky Mountain Steel mill in Pueblo, Colorado. This is by far the largest behind-the-meter solar project pv magazine staff has heard of to date.
SMART problems in Massachusetts
The state’s upcoming solar program looks as if it will very quickly move through allocated volume, stranding developers and installers and tens of millions of dollars worth of projects.
Illinois tightens details of solar valuation, regulates projects on farms
Illinois legislation concerning commercial solar valuation and installations on agricultural land has been signed into law by the governor.
Illinois solar program continues to develop, solar job numbers begin to grow
The Illinois Power Agency has added more administrative components to its website, while job training continues and hiring picks up.
80 MW of rooftop solar subscribed in Nevada – in slightly more than one year
Nevada is decreasing compensation slightly under its new net metering policy, with the first 80 MW tranche of the program fully subscribed over the weekend.
Green Mountain Power solar grows 1500% since 2012
The Vermont utility says that net metered solar capacity in its service area grew from less than 10 MW in 2010 to more than 150 MW through July 2018. These behind-the-meter installations represent 65% of the solar installed in its service area.
Facebook likes clean energy as corporate purchasing sets record
The social media titan is the world’s biggest corporate buyer of renewable energy so far this year. BNEF figures show the company has already secured 1.1 GW of green power this year, helping the corporate world break last year’s landmark.
Solar power assets included in “AAA” commercial bond offering
CleanFund has closed on a $103 million bond for a portfolio holding building efficiency, seismic, water conservation improvements, as well as solar assets. A 5 MW project was noted as having received a 20-year term at 5.6%.
