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Finance

New Mexico senator seeks solar sales tax to fund early childhood program

Senator Michael Padilla (D) of New Mexico has submitted the Renewable Energy Production Tax for consideration by the state. The 2.5% tax would fund early childhood education and care services, while exempting government and personal generation.

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Six-year-old solar power plant partially repowered with new trackers and bifacial solar modules

OCI Solar Power has upgraded a portion of its Alamo 1 solar power plant in Texas from 295 watt solar modules on ERCAM single- and dual-axis trackers to bifacial modules on Array Technologies trackers.

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Morning Brief: Barry Sanders partners with Powerhome and the Alaskan Bull Battery

It’s the last Thursday before Christmas and you’re reading the pv magazine Morning Brief. in this brief, we’ll be checking out Solar Frontier Americas financing a 200 MW project, a microgrid initiative for the Santa Barbara Unified School District, Nearmap acquiring Pushpin, and more.

Morning Brief: 20 MW of storage for New York, twin projects announced in Virginia

Hello one and all and welcome to another excellent edition of the morning brief. We’ve got a Brattle study on future solar-plus-storage markets, Belectric expanding O&M, and more.

1366 Technologies adds $18M in pursuit of cheaper silicon solar cells

The company’s technology falls in the ‘kerfless’ wafer category: Instead of sawing silicon ingots into wafers, a time-consuming and wasteful process, 1366’s technology forms wafers directly using molten silicon.

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Arizona regulators mock utility, set solar power standard contract at 18 years long – is a PURPA solar boom coming?

For the first time, the state’s public utility commission has created a standard contract length for PURPA solar projects — in stark contrast to utility APS requesting a two-year term.

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New Jersey sets the RECord straight (for now)

State regulators have decided on rates to determine the compensation values for 15-year Transition Renewable Energy Certificates, which serve as the midpoint in the state’s transition away from legacy Solar Renewable Energy Certificates.

BlackRock aims a $2.5 billion fund at commercial and industrial solar, wind, and battery storage

The good news is that the world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind, and energy storage projects. The bad news is that the $2.5 billion fund is a tiny fraction of BlackRock’s $6.96 trillion balance sheet and small change compared to BlackRock’s $17.5 billion investment in coal.

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Duke doles out the big bucks in Florida

Then utility giant’s Florida subsidiary has issued a $700 million green bond, at least part of which will be used to develop solar in pursuit of the company’s 700 MW by 2022 goal in Florida.

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