Would you pay 1.795¢/kWh for solar power in 2043?
NV Energy has signed a 25-year power contract for 2.376¢/kWh for the output of a 300 MW solar power plant in Nevada. This represents a new record for the lowest public contract price for solar power in the United States.
Large-scale solar stays strong in Q1 2018 (w/chart)
Thanks in no small part to modules stockpiled before the Section 201 tariffs hit, both the utility-scale and “non-residential” market segments grew year-over-year in Q1. And while the duties are expected to play a greater role in 2019, there are other factors supporting ongoing market growth.
sPower secures 100 MW solar power PPA with California aggregator
Community choice aggregator CleanPowerSF has signed a 22-year PPA with sPower for a 100 MW project in Lancaster, California. The project is expected to be online in 2019.
Lowest public solar power contract in the United States: 2.49¢/kWh
Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at 2.49¢/kWh, the lowest confirmed price for a public solar power contract to date. The deal also involves shutting down a coal plant.
Illinois REC prices published for distributed generation, community solar
The Illinois Power Agency published its renewable energy credit prices for upcoming auctions for the Adjustable Block and Illinois Solar For All programs.
210 MW-DC solar farm proposed for Wisconsin
Two Wisconsin utilities are in talks to purchase the NextEra project, which is in excess of state renewable energy requirements and will be four times as large as all of the cumulative solar built in Wisconsin to date.
Sunrun brings third-party solar to Florida
Following the April decision that opened the door to Sunrun’s leases, the residential solar leader began offering its solar leases and energy storage product in the state today.
What China’s subsidy pull-back means for U.S. solar (part 1)
A flood of cheap solar panels is likely to partially offset the effect of the Section 201 duties. It may also mean the revival of projects with marginal economics and could lead to module supply contracts being renegotiated.
World’s largest li-ion battery and 707 MW of solar power in Colorado proposal
Xcel Energy’s 120-day report to Colorado regulators includes an additional 1.1 GW of wind at 1.1-1.8¢/kWh. Solar power bids have come in at 2.2-2.7¢/kWh, and solar+storage at 3.0-3.2¢/kWh.
Tesla stays on top of the California solar market
While Tesla/SolarCity, Vivint and Sunrun still made up the top three in 2017, the “long tail” of installers is gaining market share.
