Finance

PowerLedger’s xGrid is a blockchain-based electricity trading platform that’s now being used in a Pennsylvania business park, in addition to Chicago, California, a large housing unit in Australia, plus a few more locations.

Top of the morning and happy Thursday to you all, welcome to the pv magazine morning brief. Today we’ll be looking at DTE’s issuance of $650 million in Green Bonds, the 20 New England schools participating in the DOE National Science Bowl, Pennsylvania’s community solar bill, high school students raising money for a system on a community center and everything else you need to know about the solar industry today.

The Low Income Energy Issues Forum has released a new report focused on improving the availability and benefits of community solar for financially-limited customers. The working group identified five different models that can be used to join different ways to best open community solar to customers of all incomes.

LevelTen Energy’s Q4 PPA price index saw a sight increase in the price of utility scale solar power purchase agreements, except for the Southwest Power Pool which saw a healthy chunk of inexpensive projects come online.

Dr. Miguel Oneto has developed a 682 MWdc solar power project in Childress County, Texas. The project is the second by the new developer, following a 324 MWdc project under construction nearby.

A city council committee has advanced a resolution to work with a contractor to install 210 kW of city-owned solar on libraries – only 20% of what it had earlier planned – as the utility insists that third-party power contracts are illegal.

The Tennessee Valley Authority is moving to the next stage of its 2019 Integrated Resource Plan, and concurrently announced the cancellation of the Green Power Providers program as of January 1, 2020.

Pivot Energy offers a community solar software platform whose price works even for small solar power projects which cannot sustain heavy startup and annual fees, and so far, it’s the first solution to do so.

REC Silicon has revealed plans to halt operations at its Moses Lake facility in 17 days’ time. The company says it has taken the decision to maintain liquidity for its semiconductor business with American workers set to pay the price for President Trump’s trade war with China.

At Solar Power Northeast, the DOER of Massachusetts noted that with the mandated 400 MW of qualified projects program review upcoming, and heavy volume deployed in National Grid territory, there is strong consideration to expand and evolve the SMART program.