Rocky Mountain Power has proposed an almost 80 percent cut to the rate paid to net metered solar electricity, dropping it from the current 9.2¢/kWh to a rough average of about 2.0¢/kWh.
Also in the brief: Safari Energy completes 60th commercial solar development, a 28 MW installation in New Jersey, Nautilus Solar acquires 3.5 MW Rhode Island project, solar aircraft designed to stay aloft for a year makes maiden flight.
State-owned China Energy Engineering said the PV capacity will be developed in two phases in a deal worth $500 million.
Module efficiencies will continue to increase, while the price of an individual module will stay the same. Not only will this hardware produce more power, it’ll work far longer — with predictions of 30-year module warranties, roughly the projected lifetime of gas assets.
Also in the brief: NYSEIA forms the Long Island Solar & Storage Alliance, Sol-Ark named a finalist for “American-Made Solar Prize,’ Gas South and Cobb EMC break ground on solar + storage project and more.
Interest in in residential solar loan ABS is rising, particularly among institutional investors as they incorporate environmental, social and governance (ESG) factors into their investment decision-making processes.
S-5! working with a metal roofing company to install two unique products on one site, SMA has launched a containerized medium voltage transformer that ties directly to their big inverters, and – so far – module pricing is flat in China. Send your hardware and service announcements USA-Editors@pv-magazine.com
A rare profitable quarter has anchored an even rarer profitable year for SunPower, as confidence in the decision to split off the company’s module manufacturing business into Maxeon Solar Technologies rises.
Also in the brief: Fayetteville municipal buildings are two-thirds powered by solar, climate change is a defining issue for Nevada Democrats, Smithville, Texas approves 1 MW project, and more.
The U.S. ITC has released a report highlighting changes in the domestic solar cell and module manufacturing industry, showing that while there has been an increase in domestic module manufacturing, the overall program’s success, relative to the $740 million in tariffs, has created little measurable benefit.
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