New York recommends “stopgap” measures to modify solar compensation
Two white papers issued by state regulators call for modifying the Value of Distributed Energy Resources calculation and increasing credits available for community solar projects. SEIA describes this as “forward progress”.
Solar power assets included in “AAA” commercial bond offering
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%.
RI judge rejects solar project, rules solar to be “manufacturing”
A judge in Rhode Island has overturned a proposed solar farm in Portsmouth, ruling that modules “manufacture” the electricity they generate.
Construction begins at 53 MW-AC solar project at Navy Base in Tennessee
McCarthy Building Companies is constructing the project for Silicon Ranch, as one of the few large solar projects being built in the service area of TVA member utilities
Locals push solar power from the bottom up in Maine
In a state whose governor is staunchly anti-renewable energy, more than 25 municipal projects have been built and an island is pushing for energy independence by 2030.
Massachusetts passes energy bill without lifting net metering caps
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.
Construction starts on 450 MW-DC of Florida solar
Black and Veatch has started work on four massive solar plants for Florida Power and Light, which will bring the utility to over 1.2 GW-AC of installed solar some time next year.
Detroit Lions add solar to stadium and team facilities
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.
Rural electric cooperatives are becoming a gigawatt PV market
A report issued by the National Rural Electric Cooperative Association shows rapid PV growth in less than a decade in co-ops.
9 out of 10 doctors recommend residential solar+storage
GTM Research projects that residential batteries and other energy storage systems will be coupled with solar in 9 of 10 storage deployments by 2023. Additionally, the firm projects that residential solar power costs will fall below $2/W by this date.
