Berkshire Hathaway loses $377 million in DC Solar scandal
Berkshire Hathaway revealed during its results call on Wednesday that the $377 million fee that the bank incurred earlier this year was linked to the ongoing DC Solar scandal.
Jay Inslee, defender of Earth, TEP joins the Energy Imbalance Market: pvMB 5/9/19
Welcome one and all to today’s edition of the pvMB. Before you tackle today, we’ve got renewables coming to Montana, Illinois’ City Water, Light and Power giving coal the boot, the one week countdown until Solar Cup 2019 and more!
Utility scale solar pricing down 7% on competition and construction costs
LevelTen’s marketplace shows utility-scale solar power offers falling $2/MWh across five large grid operators, with executives suggesting that competition among developers and falling construction costs drove this.
Walmart signs a platoon of purchase agreements
In one of the largest contracts—by sheer volume of projects—pv magazine has ever seen, the retail giant is making strides on its goal of going 50% renewable by 2025.
California’s CCA structure gets Moody’s thumbs up
Moody’s has rated Peninsula Clean Energy, a California CCA, at Baa2 Investment Grade status. The rating agency gave significant credit to the legal structure surrounding CCAs giving them “sticky” customers, in addition to the PCE’s conservative management and strong customer relationships.
Clean energy in Opportunity Zones: An interview with Jon Bonanno
In this interview with pv magazine, New Energy Nexus CXO Jon Bonanno describes the significant opportunity presented by the federal Opportunity Zone program – and the limited window of time to take full advantage of the program.
Wisconsin utility wants to tax the sun 24%
We Energies has filed to increase fixed fees 10.3% and charge a residential solar power fixed cost recovery charge of $3.53/kW/month.
Tesla’s Powerwall as the beating heart of your home
Vermont utility Green Mountain Power has started a program to replace its customers’ electric meters with the monitoring system in Tesla Powerwall batteries.
DTE finally kills net metering
After three years of proposals, rejections, inspections and neglect, the day has come: In DTE’s Michigan service area, retail rate net metering is scheduled to end in a week.
Texas collective is getting wind+solar+whatever you have for 3¢/kWh – or less
As part of the Texas’ State Energy Conservation Office procurement process, a group of public companies have received bids for wind and solar power for less than 3¢/kWh for 150 MW+ of load in 12-year power contracts.
