Clash of the energy titans
PG&E has filed a response to NextEra’s request to protect its power purchase agreements, by arguing that no harm has yet occurred, FERC doesn’t have jurisdiction, and that ongoing case law referenced by NextEra is not applicable.
pvMB 1/25/19: Digital Reality+SunEnergy1+Facebook+80MW, Ikea hits 56 MW and more…
Happy Friday. In today’s pv magazine USA morning brief Forefront Power and Arcadia Energy are moving through 75 MW of community solar in New York, Florida Governor Desantis is lacking renewables, and solar is still exponential.
From the editor: EIA versus the future
EIA’s long-term projections remain stubbornly immune to reality. And the biggest problem is the potential collapse of civilization if we extract and burn anywhere near as much coal, gas and oil as the agency forecasts.
pvMB 1/24/19: New Mexico has a community solar bill, Berkshire Hathaway enters the lithium game and more…
Hello, happy Thursday and welcome to the pv magazine USA morning brief. Today we’ll be taking a look at Fitch Ratings downgrading the Solar Star project, the question of if the public is willing to pay to help fix climate change, and a really cool video about Colorado’s largest battery.
Cypress Creek to sell 580 MW of projects to British infrastructure company
The five solar projects that are being sold are located in North Carolina, South Carolina and Texas. All five are expected online by the end of 2020.
Mosaic seeks long term residential solar relationship
Mosaic has received an A rating on an asset-backed securitization of $229 million worth of residential solar power loans averaging just short of $30,000 each.
NextEra moves to protect its contracts in PG&E bankruptcy
The developer has filed at FERC to proactively stop any changes to its contracts, but the bankruptcy court will have the final say. The move comes as PG&E reports receiving $5.5 billion to keep it afloat during its bankruptcy.
Solar will rebound this year with more than 100 GW of new capacity
Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects according to Wood Mac.
Solar beats wind to the bank
Fitch Ratings has found that utility scale solar power projects outperform similarly sized wind projects when it comes to predictability of revenue, with most solar projects decently outperforming original ratings.
pvMB 1/18/19: Tesla cuts 7% of workforce, a win for interconnection in Arizona, 57 MW plant in South Carolina goes online and more!
In today’s issue of the pv magazine USA morning brief, we also cover the commissioning of Wisconsin’s largest solar roof, Bloomberg’s Climate Finance council members, Maryland EVs, and the untimely end of three community solar gardens in Illinois.
