Markets

Talking up a rapid renewables transition will get us there faster

Two potentially “self-fulfilling” energy transition narratives are in competition, says a World Economic Forum report. Only one, the “rapid narrative,” would help us limit global warming to the Paris Agreement goal of “well below two degrees Celsius.”

First Solar exits the EPC business

Citing the wild success of its Series 6 module, First Solar has announced that it is closing its engineering, procurement and construction business in the United States in order to concentrate on scaling, developing, and selling modules.

Amazon pledges zero emissions by 2040

Amazon unveiled a gauntlet of new climate initiatives today, including 80% renewables by 2024, zero emissions by 2040, a fleet of 100,000 electric vans and a $100 million investment in reforestation measures.

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TVA deceives the public and the press with misleading claim of solar commitment

This op-ed from Southern Alliance for Clean Energy argues that the utility does not have any intention of installing 14 gigawatts (GW) of solar over the next 20 years, and notes that the power company has only budgeted for 5.5 GW of solar during that time period.

Residential solar is getting cheaper – except for third-party

EnergySage has found that the average price for PV systems quoted through its site has fallen under $3 per watt, echoing findings by Lawrence Berkeley National Labs. However, prices are increasing for the big third-party solar companies.

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Is there more spin than solar in Duke’s zero-carbon goal?

The power giant’s zero-carbon plan is contradicted by its rush to gas, and the numbers bear watching.

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Michigan utility seeks 775 MW of wind and – maybe – solar power

DTE Energy has issued a request for proposals for 775 MW of renewable energy to be built in state, and turned on sometime between the beginning of 2021 and the end of 2023.

Electrification is an all-around winner

In this op-ed for pv magazine, John Sarter of Clean Coalition argues for a move from gas to electric services in residential buildings not only as a means to reduce emissions, but also to build resilience.

Fitch sees a decade of corporate wind and solar power procurement growth

Growth in U.S. solar and wind generation capacity will average 7.9% and 3.9%, respectively, between 2022 and 2028 according to Fitch Solutions, who projects almost 120 GW of solar power to be deployed in that period. Corporate clean energy buyers are to be a large part of the trend, and to accelerate deployments during the period.

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California’s new, $100 million, low-income solar program

DAC-SASH has been approved, and now GRID Alternatives will have $120 million to work with over the next decade to bring solar power and job training to disadvantaged communities across the state.