Business

The utility giant is featuring new renewable energy generation and battery storage systems at the head of its new climate scenario report, with renewable energy being key to the company’s goal of 70% carbon reductions.

An analysis by Clean Power Research, commissioned by the MN Solar Pathways Initiative, shows that 10% solar by 2025, and 70% wind+solar+storage in 2050 can be achieved at a comparable cost to natural gas-fired generation.

A Wood Mackenzie Renewables & Power report shows that so far in 2018, direct ownership of residential solar – either out of pocket or via bank loan – now represents 64% of purchases.

Adani Solar USA is looking for 2,940 acres of land to build the second largest solar plant east of the Rocky Mountains. Local commissioners are moving prudently, initially stopping progress, but recent town meetings have shown support.

In what it touts as one of the largest green bond transactions issued by a utility, Duke Energy Carolinas has issued bonds to further renewable energy development.

Caterpillar-branded SunPower modules will be available in Southeast Asia, Africa, South America, and the Middle East – but not yet the United States.

Ullico has purchased part of a 1.3 GW wind+solar portfolio, originally developed and sold by sPower. The transaction, and other optimizations surrounding the portfolio, have increased the return on investment to 13% for one of the investment groups involved.

Researchers have determined that an Oregon solar facility altered the microclimate variables of mean air temperature, relative humidity, wind speed, wind direction, and soil moisture beneath itself significantly – increasing water efficiency, allowing for much greater biomass growth.

The nation’s largest residential solar company is getting bigger and taking market share from its rivals.

Lazard’s newly released Levelized Cost of Energy Analysis 12.0, and Storage 4.0, finds that where utility scale wind works, it dominates – and that the unsubsidized cost to build new utility wind and solar facilities is equal to, and often less than running already-built fossil facilities.