Utility Scale PV

The national trade group will work with the Solar Energy Finance Association to improve access to low-cost financing.

With massive market growth, the bankruptcy of SunEdison and the election of a pro-coal climate denier as president, 2016 really was the best and the worst of times.

After installing 198 MW in the first six months of the year, New Jersey’s solar market appears to have declined substantially in the final months of 2016.

The Norwegian developer and EPC has closed on the sale of the 104 MW-DC Utah Red Hills plant to Macquarie.

The Utility of the Future report decries poor state-level rate-making, mythical cross-subsidies by non-solar customers, and economies of scale as reasons that adding more distributed PV to utilities’ portfolios make little long-term economic sense.

The aggressive goals filed last week builds on an April plan include expanded rooftop solar growth and additional utility-scale solar expansion. If HECO’s projections are accurate, it will be generating 100% its electricity from renewable sources five years earlier than originally planned.

Three solar projects at 74.5 MW-AC each will replace a 250 MW coal-fired power plant which the utility plans to shut down.

The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.

The completion of two projects comes in the middle of a flurry of activity for the Utah-based developer.

While the Arizona Corporation Commission decided to grandfather current solar customers for 20 years from the interconnection days, new customers will only receive 10 years — which will hurt both solar lessees, loan-holders and potential cash deals.