Change the rules, add powerlines to let renewables plus storage aim for 90% of the grid
The Wind Solar Alliance has proposed a set of broad market rule refinements to better take advantage of the technical capabilities of solar, wind and energy storage. They argue that these rule changes, plus transmission, can allow for much higher levels of renewables.
Hawaiian Electric embraced by activist investor focused on renewables
Citing Hawaii’s potential to reach 80 percent renewables by 2030, saving $6.5 billion in the process, the investment fund’s founder says Hawaiian Electric “has the potential to be the utility of the future.”
Goldman Sachs partners on 75 MW of distributed C&I solar and storage
Engie has received financing to continue deployment of up to 75 MW of distributed solar and energy storage in multiple states.
Treat me fair, and I’ll give you the solar powered stars
Research of EnergySage platform revisions suggests an increased customer experience, a price guidance tool that lowers installed system costs 10-15¢/W, and that residential customers are willing to pay 64¢/W for premium product installations, a number greater than installers often recognize.
Enphase launches microinverter upgrade program
The program allows eligible owners of older Enphase microinverter lines a series of options to upgrade to the company’s newest seventh-generation microinverters.
Insuring the cash flow of residential solar power
kWh Analytics has structured its Solar Revenue Put for a portfolio of 4,000 residential systems totaling 35 MW-DC, insuring the long term production of the portfolio to ease investor’s worries.
Careful money buys up Spruce Finance
HPS Investment partners has bought up the sixth-largest third-party solar provider, with board co-chair Christian Fong taking the reins as CEO.
Eleven renewable energy suitors for Rhode Island
National Grid has published the results of its 400 MW solicitation, collecting almost 2.5 GW of bids from eleven developers. 41 projects were submitted in total.
Salt River Project wants 1 GW of solar
The Arizona water and power cooperative has announced plans to increase its utility scale solar energy to 1 GW of capacity by 2025. SRP currently hosts 248 MW of solar.
AES commits to 2-3 GW of renewable energy annually through 2020 in climate scenario report
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.
