SOMAH reaches capacity on launch day
90% of the available capacity and funding under year one of California’s Solar on Multifamily Affordable Housing program has been applied for, with waitlists growing by the hour.
Hardware brief: $1 million=Dynapower, Morningstar still Morningstar, SMA+BYD=<3 & more!
Its Friday, so build something and be cool! Rainwise has launched a compact professional grade weather station, Sungrow has put out a whitepaper with design tips, and more!
Vivint’s $325 million credit facility, SC regulators nix Pegasus contract: pvMB 08/08/19
In today’s pvMB we also bring you EDPR’s big solar + storage contract with San José’s CCA, Dominion’s battery pilot, a new union-backed training program for renewable energy workers, and more.
Texas extends tax support for solar power, increases transparency
Governor Abbott has signed 86(R) / HB 3143, which extends the Section 312 economic redevelopment tax abatement law, set to expire Sept 1, for ten years.
Duke keeps rolling in 2019 with a strong second quarter
Duke Energy’s financial results for Q2 2019 results show strong earnings, driven partially by the exponential year-to-year growth of the commercial renewables sector, as well as a short-term forecast of PV development.
Bankrupt PG&E trading time for solar and storage discounts
Pacific Gas and Electric Company has requested that its bankruptcy court judge approve a 10% and 11% reduction on five contracts for solar and storage projects under development, in exchange for extensions ranging from 12 to 24 months to deliver working projects.
Big Canadian money snatches up Nautilus Solar
The solar development & asset management company has been acquired by a subsidiary of Power Corporation of Canada, which it says will allow it to accelerate its move into community solar.
Utility scale, rather than behind-the-meter batteries will drive energy storage take-up
BNEF has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
CNN to host town hall on the climate crisis, Solar microgrid saves wedding: pvMB 7/30/19
Hello all of you wonderful people and welcome to the pvMB. Today we’ve got our eyes on Georgia Power’s solar+storage Smart Neighborhood, a scathing op-ed regarding HB 6 and more!
Solar brings in the big bucks for local governments
A new report from North Carolina Sustainable Energy Association shows the dramatic increase in tax revenue that solar projects bring. And for the future of development, this money talks, loudly.
