AB 2316 removes the barriers to clean, renewable energy access for nearly half of Californians who rent or have low incomes.
California’s East Bay Community Energy will purchase energy from the Idemitsu Renewables project.
The projects, split across two portfolios, were acquired from BNRG Maine and bring the company’s capacity of acquired and developed community solar projects within the state to more than 92 MW.
The Interstate Renewable Energy Council and the International City/County Management Association will share the $10 million award to update and expand SolSmart over the next five years.
Also on the rise: Borrego sells development business, including 8.4 GW solar pipeline. Trackers in uneven terrain. 50 states of solar incentives: Pennsylvania. Storage and robots at Intersolar Europe 2022.
The portfolio, awarded by Xcel Energy, is anticipated to provide access to affordable, clean energy to thousands of households throughout the state.
Following a $16.5 million investment, the company is looking to grow its team and product quickly, in what CEO and Founder, Richard Keiser, sees as an inevitably consolidating market.
Both housing developers and underserved communities alike can benefit from increasing public funding opportunities for solar. As interest in projects that address environmental, social and governance (ESG) aspects of investment continues to grow, integrating renewable energy in affordable housing projects can provide significant sustainability benefits to developers, municipalities, and end users.
Also on the rise: 1 TW of solar annually by 2030. Piloting solar for low- and moderate-income customers. Energy storage adds resiliency to Army garisson. 30 patents for lithium-ion battery alternatives. And more.
The program will allow customers to subscribe to an energy share of an existing GMP installation, with time-of-use rates encouraging energy use when the sun is shining.
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