MIT report questions value of distributed solar
The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.
HECO’s five-year plans accommodate more solar than ever
The aggressive goals filed last week builds on an April plan include expanded rooftop solar growth and additional utility-scale solar expansion. If HECO’s projections are accurate, it will be generating 100% its electricity from renewable sources five years earlier than originally planned.
SolarCity raises another $241 million
Sammons Renewable Energy led the equity portion of the $241 million cash equity transaction, which closed last week.
Duke program produces 40 MW of solar in South Carolina
More than 1,800 residential customers and 125 business customers have taken advantage of the utility’s Solar Rebate Program to reduce solar installation costs significantly.
Nevada regulators reinstate net metering for Sierra Pacific
In contrast to phony allegations of a cost shift, Public Utilities Commission of Nevada found that net metered-solar is saving other customers money.
Military will build biggest solar installation in Northeast
When the 16.5 MW system is completed, Fort Dix will become the latest military base to show its commitment to energy security through solar energy.
Maine regulators delay decision on net metering
The state hit a trigger level which allowed regulators to modify net metering, but now they are delaying making changes to shut the program down.
New York coalition brings solar power to the poor
Solar One, GRID Alternatives Tri-State and Co-op Power have founded Affordable Solar New York, which will bring low-cost solar power to affordable housing providers in New York.
PG&E switches to Net Metering 2.0
Less than a week after warning that it would hit caps on the previous net metering program some some time in December, the California utility has transitioned to its successor program.
Lazard: Global solar PV, storage costs fall in 2016
The financial advisory finds that costs from solar are falling faster than other energy sources, and is additionally documenting steep falls in storage costs.
