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Finance

Utah utility Rocky Mountain Power and solar advocates aren’t even close on the value of rooftop PV sent to the grid

Solar from customer roofs in Utah is worth somewhere between 1.5 cents/kWh and 22.6 cents/kWh, depending on your calculations and who you ask — a ridiculously wide range.

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SEPA rolls out blueprint for tackling integrated distribution planning

Order 2222 raises the stakes — distributed resources are already starting to have material impacts on utilities’ planning efforts, and higher penetrations of distributed resources will amplify the need for better forecasts.

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Is BlackRock just ‘tinkering at the edges’ of its commitment to sustainability? 

New report calls out BlackRock, the world’s largest asset manager, Vanguard and other investment managers for slow-walking on commitments to hold corporate boards accountable for real progress on climate goals and the transition to clean energy.

Morning Brief: Palladium Energy forms JV to develop 500MW of big solar projects, California orders phase out of gas vehicles

Also in the brief: Solar dominates Maine’s largest renewables procurement on record.

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Tesla’s ‘Battery Day’ puts clean energy’s ESG paradox centerstage, underscores need for better data

Major global brands can’t stake their future on a business supply chain that is not sustainable.

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Array Technologies IPO to raise $100 million: 6 takeaways from the S-1

Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?

SPI roundup: Financing supplies high, rates low as solar’s secondary markets ride out Covid-19 impacts

Solar financing and mergers are booming in the C&I sector, while tax equity draws new players into the market, and a 50 GW utility-scale pipeline drives innovation across the industry.

Cleantech investing: Carbon tracking and sequestration startup wave, SPACs for late-stage energy transition capital

Carbon monitoring, accounting and sequestration startups are in vogue — as is raising late-stage capital via a SPAC. Plus $30M for small-scale utility and community solar.

Funding energy innovation should be a national priority — how about $25 billion a year?

Two new reports see federal R&D dollars for energy innovation as critical for driving the economy’s post-Covid recovery and keeping the U.S. competitive and on the leading edge of the global energy transition. 

How does the US retire 236 GW of coal and 1,000 gas peaker plants?

Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.

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