The Illinois community solar lottery results are in. Did you win?
The Illinois Power Agency has chosen the community solar projects that will receive SRECs as part of the state’s renewable energy procurement plans. The agency also awarded 124 MWac of large (>10 kWac) distributed generation projects.
Solar power investments mostly up on VC & debt as money pours into large-scale projects
Mercom Capital Group’s Q1 2019 Solar Funding & M&A report shows $2.8 billion in venture capital, public market and debt financing, versus $2.5 billion a year ago. Large-scale project financing reached a record $5.58 billion across 43 deals, while there were 18 solar corporate M&A transactions.
Macquarie to sell off solar, wind businesses, Vote Solar hiring: pvMB: 4/10/19
Good morning and welcome to today’s pvMB. We also bring you on this fine morning Midsummer’s new solar metal roof, a new iteration of S-5!’s clamps, a collaboration between Soligent and Pika Energy, and more!
Tesla, GAF, RGS and now Hanergy: will solar roofs (finally) heat up this year?
Hanergy displayed the newest rendition of its 18.7% Thin Film Flat SOLARtile in Australia last week as it gears up for the U.S. and global product launch later in 2019.
Your home’s solar and batteries could power the LA grid
Sunrun has proposed that the City of Los Angeles set its sights on 75,000 residential solar+storage systems (860 MWdc of solar plus 1.2 GWh of energy storage) by 2030 with the goal of replacing one of the region’s three retiring gas plants, while saving $60 million in electricity costs.
1.5¢/kWh renewables, 8minutenergy still #1, pvMB: 4/5/19
It’s springtime – so get outside this weekend – but first read your pv magazine morning brief where we talk about GameChange manufacturing in Detroit, 1.3 GW of energy storage coming to New England, solar cost recovery approved in Florida, and more!
Solar-powered pollinators for less than a penny a watt
Ernst Pollinator and Prairie Restorations offer the services, as required by various state scorecards for solar siting, to bring your solar site up to the “pollinator standard”, while also saving money on operations and maintenance over the long term.
PG&E hires a new CEO from… TVA?
Advocates say the choice of hiring a CEO from a power company openly hostile to renewables is a bad look for the bankrupt utility, and comes as CCAs are organizing for a greater role in the state’s power system.
Tennessee seeks 200 MWac of renewables + energy storage
TVA has launched a solicitation for renewable energy projects with a minimum size of 2 MW, noting a preference for energy storage. The request for proposal pricing structure takes into account energy storage, seasonal and time of day pricing.
Energy storage’s increasingly investment grade status
SUSI Partners has purchased a 50% stake in Macquarie Capital’s 63 MW / 340 MWh distributed energy storage portfolio located in Southern California. Included as part of this purchase is the world’s largest virtual power plant.
