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Con Edison sustainability report highlights 3 GW of renewables deployments

The utility’s 2022 report highlights milestones the New York company is making to procure distributed solar, storage, energy storage resources, EV charging and heat pumps in the coming decade, as it strives to become fully net zero by 2040.

Sunrise brief: Republican debt ceiling bill guts clean energy in Inflation Reduction Act 

Also on the rise: Driven by solar, California’s net demand hit zero on Sunday. Tracking the sun on uneven terrain. And more.

Sunnova secures $3 billion for virtual power plant loan program

A $3 billion Department of Energy conditional loan is expected to support Sunnova’s loan program for disadvantaged communities.

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Tesla energy storage deployments increase by 360%

In its Q1 2023 report, Tesla noted that volatile weather slowed solar power deployments to 67 MW. The company was silent on solar otherwise.

Department of Energy announces new investments to accelerate community solar in the U.S.

Over $8 billion is available through prizes, private capital and a conditional loan commitment to expand access to cheaper, cleaner energy and to deploy solar power in underrepresented communities.

Ascent boosts production with acquisition of 15 MW Swiss thin-film producer

With the closing of this deal, Ascent will triple its production capacity from its 5 MW of existing nameplate capacity production.

Lazard LCOE report sees “zero cost” solar and wind due to IRA

The analyst group’s annual levelized cost of energy comparison shows increasing prices due in part to increased interest rates – with utility-scale solar power’s midpoint pricing up by 66%.

Sunrise brief: California utilities commission rejects solar microgrid proposal

Also on the rise: Top PV module manufacturers by shipment volume in 2022. 50 states of solar incentives: Idaho. And more.

SunPower secures $450 million to support loan business

The capital raise is expected to support SunPower’s residential solar and storage loan program.

Masdar UAE developer acquires 50% of U.S. solar project from EDF Renewables

Acquiring a stake in the California 128 MW Big Beau solar-plus-storage facility is the first step the company’s partnership with EDF Renewables on a 1.6 GW portfolio of clean energy projects.

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