MIT report questions value of distributed solar
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.
HECO’s five-year plans accommodate more solar than ever
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.
FPL to put online Florida’s first large utility-scale solar plants
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.
TerraForm Global warns of danger ahead in 2015 filing
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.
sPower puts 60 MW of solar PV online for Palo Alto’s municipal utility
The completion of two projects comes in the middle of a flurry of activity for the Utah-based developer.
Arizona’s changes to net metering could derail the state’s rooftop solar market
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.
sPower provides 107 MW of power to California water department
The Solverde 1 Solar project will help California Department of Water Resources continue toward its mission of becoming more environmentally responsible.
AEP Ohio requests proposals for 100 MW solar despite RPS freeze
Two weeks after the legislature decided to slow-walk the state’s renewable energy progress in the state, AEP Ohio has requested proposals to build 100 MW of solar generation
8minutenergy & D.E. Shaw put 155 MW-AC solar project online at under $59/MWh
This is one of the lower PPAs reported for solar projects in service in the United States; however PPAs are now being signed for much lower prices.
D.E. Shaw begins construction on a 52 MW solar project in Mississippi
D.E. Shaw expects to complete the plant in Sumrall by the second quarter of 2017.
