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.
pvMB 1/15/19: Solar tax suit in Maine, coalition calls on Congress to ditch fossil fuels and Appalachian Power is set to sell 100% renewable energy
In today’s edition of the pv magazine USA morning brief, we also take a look at Standard Solar’s addition of Dan Dobbs as EVP of Structured Finance, Tri-State Generation and juwi AG’s planned 100 MW solar plant in Colorado, AB 1070 taking effect in California and much more.
What happens to a bankrupt PG&E’s solar contracts?
pv magazine USA offers a look into the possibilities regarding one of the biggest questions around PG&E’s bankruptcy announcement.
REAP saved from reaper in 2018 Farm Bill
The popular financial assistance program for renewable energy on farms will remain, thanks to a passing vote by Congress. From 2019 to 2023, the program will operate at $50 million annually.
All the solar power Insight a heart could DSIRE
The group behind the long term policy tool of choice for many, the DSIRE renewable and efficiency policy database, is now offering biweekly legislative and regulatory tracking, data products, and webinars related to solar energy, grid modernization, and electric vehicles across the USA.
Washington State carbon tax rejected soundly, again
Initiative Measure No. 1631, a tax of $15/ton on carbon pollution, was rejected 56-43% on almost 2 million votes. It was the most expensive ballot measure ever in the state with over $46 million in advertising dollars spent.
Koch Brothers say RIP to New Hampshire solar net metering, other targets rising
Americans for Prosperity, a Koch funded group, noted that their work pushed New Hampshire Governor Chris Sununu to veto a net metering expansion for 1 to 5 MW projects, even as the Governor said it would benefit the state.
Elon Musk to step down as Tesla chair
Under the terms of a settlement with the Securities and Exchange Commission (SEC), Musk will be ineligible to serve as chair for three years. The deal also involves a $40 million penalty and structural changes at Tesla.
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.
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.
