Global solar power funding slows during Q1, 7.7 GW of assets change hands
Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.
Apple claims to be 100% renewable-powered
Technology multinational Apple Inc. has announced that its global operations are now 100% powered by clean energy. Additionally, another nine of Apple’s manufacturing partners have committed to powering their production with 100% clean energy, meaning a total of 23 suppliers have now made this commitment.
EDP, Hoosier Energy sign contract for Indiana’s largest solar project
At 200 MW the project is not only by far the largest in the state, but would increase Indiana’s current cumulative solar capacity by more than 70%.
Strata Solar to build largest solar power plant in Washington
The 28 MW-DC plant is part of an upcoming commercial and industrial solar program – Solar Solect – being offered by local power company Avista Utilities. The state expects to triple total solar capacity by the end of 2020.
Coal bankruptcy burns 8Point3 on 20 MW solar power contract
FirstEnergy Solution Corp’s recent bankruptcy filing has put a solar power purchase agreement (PPA) with an annual value of $8 million, and a non-cash book value of $40-48 million at risk.
350 MW solar + 350 MW storage project moves forward in California
Recurrent Energy’s ‘Crimson’ project is proposed for siting on public land, and is moving forward in its environmental review.
New York projects 100%+ solar market growth over 2017
State officials reveal that New York State has 693 MW of community solar on the way – and a total pipeline of almost 1 GW. The state further projects 500 MW of that might be installed in 2018.
Oklahoma grows installed solar 31% with 10 MW project
Oklahoma Gas & Electric Co has brought its second solar plant online and sold out the 10 MW-AC community project. The utility is now pondering future growth.
Solar MIA in DTE renewable energy plan
The Michigan utility plans only 13 MW-AC of solar over the next four years to meet state renewable energy mandate requirements, including zero MW of community solar.
NextEra reveals 2.75 GW solar module deal with JinkoSolar
The Florida power giant has announced that it is the mysterious counterparty that will be supporting JinkoSolar’s foray into U.S. manufacturing, and Jinko has revealed that its Florida factory will have a 400 MW annual capacity.
