A state that’s considered a leader in U.S. community solar policy powered up the first of its new type of community solar projects, which was years in the making.
About one-sixth of queued solar capacity now holds signed interconnection agreements, signaling real progress even as developers pull more than 130 GW of projects amid tightening interconnection rules.
Residential solar is on a downturn, and things may get worse. In a shock for the industry, the latest draft of the “One Big Beautiful Bill Act” excludes residential solar lease providers from the Investment Tax Credit.
The Buckeye, Ariz. project is expected to generate enough electricity to power about 40,000 homes per year.
The rapid expansion is partially due to falling manufacturing costs, a trend that is expected to continue over the next five to seven years, said Rystad Energy.
The Darden Clean Energy Project, paired with 1.1 GW of solar, will provide enough electricity to power 850,000 homes for four hours.
Earthrise Energy, Redeux Energy Partners, and Geronimo Power announced project finance deals, portfolio investment, and the commercial operations of two projects, respectively.
AES Corp is working on the 1 GW solar plus 1 GW/4 GWh battery site under a 15-year deal for the online retailer and said it expects to complete construction of the second half of the project next year.
The Institute for Local Self-Reliance releases its quarterly community solar tracker, which updates capacity in states with formal programs that allow non-utility ownership.
Project finance and tax equity deals were closed by rPlus Energies, Soltage and Origis Energy.
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