Business

For the first time since LevelTen Energy began tracking the market, solar PPA offer prices rose in 2020, with Q4 2020 prices 11.5% higher than a year earlier.

The shareholders have filed a lawsuit alleging that Esdec concocted a plan to defraud them and has been avoiding buyout payments.

The company and the county agreed through a virtual power purchase agreement to offtake generation from Dominion Energy’s upcoming 120 MW solar facility in Virginia.

First used with wind projects, a pgPPA manages weather-related risk by settling a facility’s energy transfer based on a proxy generation index, rather than on actual metered generation. Operational risk shifts from buyer to seller.

Concerns were raised over plans to construct 10 new solar facilities and use a voluntary charge on residential and small business customers to help pay for them.

Regulators ordered the utility to evaluate the risks and environmental costs of operating its coal plants, and consider options to replace the plants with clean energy alternatives.

Also on the rise: NPPD shops for 2 million MWh of renewables, JV will fuel ReneSola expansion, Canadian Solar sells a project stake, and natural gas rebounds after a lousy 2020.

Trina Solar is spearheading an effort to standardize 210mm silicon wafers and modules, aiming to improve production efficiency, supply chain optimization and innovation.

The Florida utility is bringing a combined 375 MW of solar capacity into operation on New Year’s Eve.