While residential solar leases and PPAs peaked in 2016, GTM Research is now predicting that solar loans will represent nearly half the market this year.
While overall global investment in clean energy saw a decrease of just 1% year-over-year in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg New Energy Finance. It forecasts this trend to continue throughout the year.
Goldman Sachs Asset Management is paying $350 million in cash for a portfolio of C&I solar at 143 sites in New England, New Jersey and Maryland.
Puerto Rico is requesting ten 20 MW / 20 MWh batteries to be deployed strategically in the country’s power grid. The RFQ notes that sites should be upgradable to 40 MW / 160 MWh.
The City of Albuquerque has revealed details of the first phase of $25 million in solar power investments, as part of its goal to bring the city to 25% renewables. The first 12 projects are on local structures including fire and police stations, increasing resilience.
The New York State Assembly has passed a bill which would temporarily put a hold on the alternative valuation of electricity from community solar projects and re-institute net metering for three years. The companion bill currently sits in Senate Rules Committee.
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