Massachusetts’ SMART program is a go, but the details matter
The State of Massachusetts has officially approved its next round of solar power incentives. The program will push 1.6 GW of solar power onto the power grid.
SEC wants Elon Musk off the Tesla board
The regulator has filed a lawsuit alleging that Musk’s August tweets about having secured funding to take the company private were “false and misleading”, and is asking to have him barred from serving on the board or as a director of a public company.
Los Angeles households to get 121 MW of solar power from 8minutenergy
8minutenergy has entered into a definitive agreement to sell its interest in the 121 MW-DC Springbok 3 Solar Farm to Capital Dynamics. The project has a 27-year contract to sell power to the Los Angeles Department of Water and Power.
Cutting down the soft costs: an interview with Standard Solar
In this interview from the Solar Power International 2018 conference, pv magazine USA talks with Standard Solar CEO Scott Wiater and Chief Development Officer Tony Clifford about the challenges that the U.S. commercial and industrial (C&I) solar market is facing, and how to move past them.
SEIA seeks automated permitting and energy storage retrofits for business
SEIA is seeking to save $1 per watt on costs by automating the solar permit process, and also to unlock 30 GW of solar plant energy storage projects by confirming the 30% tax credit on commercial energy storage retrofits.
Con Edison’s big buy: 943 MW of solar from Sempra
The $1.54 billion transaction will make Con Edison the 2nd-largest owner of operational solar assets in the United States, and is expected to close by the end of the year.
If you build it, they will buy it: sPower refinances $499 million of wind and solar
The independent power producer has closed on a $499 million, investment grade, private placement financing representing approximately 650 MW of utility-scale wind and solar power projects.
Solar installation costs declined 5 to 11% in 2017, little so far in 2018
This year’s version of Berkeley Lab’s Tracking the Sun report saw residential installs fall 6% to $3.50 / W, small business fall 11% to $2.90 / W and large business fell 5% to $2.20 /W in 2017, with light changes in early 2018. However, these averages cover wide price variances in different markets.
Sol Systems put a ring on it
A joint venture of Sol Systems and Nationwide Insurance has purchased 135 MW-DC of solar projects from Cypress Creek Renewables in North Carolina.
SRP approves $50k donation to fight Arizona RPS initiative
The board of the Arizona utility has approved a $50k donation to fight a ballot initiative to move the state to 50% renewable electricity by 2030, even though SRP would not be directly subject to the mandate.
