Solar on U.S. houses of worship triples relative market share of other non-residential buildings
Houses of Worship represent only 0.6% of all non-residential buildings, but account for nearly 2% of solar installations on such buildings. These locations offer a unique opportunity to promote solar and a blueprint for equitable solar deployment in communities across the country.
50 GW of solar and storage for TVA by 2035, plus EVs could save customers money
A clean energy plan for TVA sponsored by the Center for Biological Diversity and GridLab could save customers about $200 billion through 2050. It calls for almost four times more solar by 2035 than the maximum amount TVA was considering last year.
Sunrise brief: Solar panel imports are picking up after months of detainment gridlock
Also on the rise: Inside transferability, or selling renewable energy tax credits. Polar Racking 19 MW Axsus tracker order for N.Y. community solar portfolio. And more.
Inside transferability, or selling renewable energy tax credits
The market awaits the U.S. Treasury guidance on direct sales of federal tax credits, but sales are moving forward without waiting, said Norton Rose Fullbright.
Solar Synergy program assists solar developers in designing pollinator habitat
The Bee & Butterfly Habitat Fund’s program helps make utility-scale solar projects pollinator friendly.
Sunrise brief: Volatile electricity markets should give solar financial modelers pause
Also on the rise: Silfab Solar raises $125 million for U.S. cell and module manufacturing. Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022. And more.
Domestic content, energy communities and tax equity among top ACORE Policy themes
Speaking at the ACORE 2023 Policy Forum, three renewable energy executives and an industry banker shared their prognostications for how soon we should expect to see tax credit and equity transferability occur, as well as a wishlist of IRA policy items that they hope to hear guidance on this year.
PJM projects 48 to 94 GW of renewables will be built in the grid region by 2030
The grid operator’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab.
Tariff investigation, equipment detainments lead to 16% drop in new solar capacity in 2022
U.S. Solar Market Insight 2022 Year in Review reports a drop in solar growth due to anti-circumvention tariffs and UFLPA; however, the long-term forecast sees the U.S. solar industry as a pillar of the energy transition, expecting a 60 to 70 GW annual market toward the end of the outlook.
Utility completes construction of 250 MW Texas solar project
Grocery store chain Meijer and pharmaceutical company Charles River Laboratories holds virtual PPA’s for 185 MW of Pisgah Ridge Solar’s 250 MW power output, while a third offtaker has never been identified.
