Residential solar power growing like a “weed”, straining labor
Roth Capital Partners forecasts 25% year on year growth in both 2019 and 2020 for the U.S. residential solar power market. The firm notes that executive interviews are saying Roth’s projections are conservative, suggesting growth in the 30-50% range.
California needs a fast and furious 4 GW build out of new clean energy capacity
A proposed ruling has been submitted extending gas plant lifetimes by one to three years while 4 GW of new capacity, including demand response, is integrated into California’s power grid by August 1, 2023 to meet expected demand shortfalls during the annual September peak events.
Tesla breaks storage records in Q3
The most dramatic company in energy installed 477 megawatts-hours of battery storage in Q3, more than ever before, as well as seeing the first improvements in its residential solar deployment in years.
PG&E backup batteries, new community solar in New York: pvMB 10/24/19
Happy Thursday everybody and welcome to the pvMB! Today we’ve got for you a TerraForm notes update, the first ever LA area Contractor Day, a California SOMAH public forum announcement and more!
After betting on fossils & losing big, GE & BlackRock turn to solar
Distributed Solar Development has closed on a $250 million fund to deploy more solar for businesses over the next 15 months.
Clean Power Alliance is looking for renewables, at all scales
The LA-area Community Choice Aggregator (CCA) has opened a solicitation for hundreds of megawatts of both large-scale and distributed renewable energy projects, which will be offered 15-year power contracts.
America’s largest floating solar project completed
Ciel & Terre USA has completed a 4.4. MW floating solar array in Sayreville, New Jersey, the largest of such a project in North America. This is an important step for a technology that NREL predicts could reach 9.6% of current electricity generation.
NextEra is on a roll
The largest wind and solar developer continues to grow, with more solar projects paired with storage as it reaches 5.3 GW of contracted solar projects. And it’s making good money at the same time.
Ford makes major EV charging investment, Florida regulators approve Tampa Electric Co. solar cost recovery: pvMB 10/22/19
Hello everybody, happy Tuesday and welcome to the pvMB. Today we’ve got for you MnSEIA’s conference kicking off, Greenbacker Renewable Energy signing three solar deals, Philipstown, NY approving community solar and more!
Virginia is for lovers (of solar power)
The State of Virginia has announced a procurement of 345 MWac of solar power from three solar projects under developing, and one pending, with 20-year power purchase agreements starting at 3.4¢/kWh.
