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 legislation concerning commercial solar valuation and installations on agricultural land has been signed into law by the governor.
The Illinois Power Agency has added more administrative components to its website, while job training continues and hiring picks up.
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.
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.
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.
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%.
The bill will increased the state’s renewable portfolio standard to 40% by 2030 and mandated additional energy storage, but the failure to lift net metering caps is expected to hobble mid-sized solar installations.
The Lions become the 12th NFL franchise to add solar power to their facilities, furthering a growing trend that now includes 38% of the league.
A report issued by the National Rural Electric Cooperative Association shows rapid PV growth in less than a decade in co-ops.
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