Tribal fund will support predevelopment costs for 2 GW to 6 GW of solar on tribal lands
A tribal clean energy fund has raised $30 million to fund predevelopment costs for solar projects on tribal lands. Meeting predevelopment milestones will enable tribal communities to apply for federal loan support to complete the projects.
Enabling distributed battery owners in every state to earn compensation
To help states launch programs to compensate owners of distributed batteries for providing energy at peak times, Solar United Neighbors has developed model legislative language. Under one approach, the owner of a 5 kW battery could earn $1,100 per year.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Average U.S. residential solar project breaks even at 7.5 years, said EnergySage
A report from marketplace operator EnergySage noted that average system costs are declining, and payback periods are improving. It highlighted a recent market share capture from Tesla in the inverter and energy storage market.
Why $0.25 per kWh electricity makes off-grid solar & batteries a smart investment
Once electricity prices hit $0.25/kWh, disconnecting from the grid with residential solar-plus-storage starts to become financially viable, with sunny places making strong financial arguments. With recent drops in battery prices, the case for leaving the grid has grown even stronger.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
Sunrise brief: Solar generation up 26%, but electricity demand outpaces growth
Also on the rise: First Solar opens $1.1 billion solar factory in Alabama. Solar levelized cost of electricity 56% lower than lowest-cost fossil fuels. And more.
Building not your average dream home: Waiting for … Approved
In this series outlining the process of building a truly sustainable home, much has happened while waiting for a building permit… and the building is set to begin.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
World now has five times more PV than nuclear power
According to the World Nuclear Industry Status Report 2024, the world had 408 operational reactors producing 367 GW in the middle of the year, which is significantly less than installed capacity predictions for solar by the end of the year and five time less the world’s cumulative PV capacity.
