Record solar numbers expected this year but IEA highlights pricing concern
The Paris-based body expects the world will have installed almost 160 GW of solar this year, a record number, but still not enough to keep the prospect of a net zero global economy by mid century in sight.
Amazon procures over 1 GW of U.S. solar projects
The company announced 5.6 GW of solar globally. The first U.S. projects are planned for Arizona and Georgia.
Westbridge acquires a 236 MW Canadian solar project
Among the largest projects proposed in Canada, the Sunnynook Solar Energy project is set to bring Westbridge’s solar portfolio to over 735 MW in capacity.
A cleaner grid arrives as renewables replace fossil fuels
In 2022, the United States is projected to massively increase its solar and wind generating capacity, extending a nearly two-decade march toward a cleaner grid.
Sunrise brief: Solar wins big as new transmission projects advance
Also on the rise: Community solar developers merge, Summit Ridge completes a big rooftop community solar project, and CIT Group refinances a 20-project solar portfolio.
Neighborhood Sun and Astral Power merge
The combined company will manage more than 130 MW of community solar and virtual net metered renewable energy projects.
Summit Ridge completes rooftop community solar project
The installation brings Summit Ridge’s Maryland rooftop community solar portfolio to more than 75 MW.
Transmission project approvals will boost renewable energy delivery to NYC
The projects are expected to reduce the city’s fossil fuel use for electricity by more than 80% by 2030.
Duke Energy and clean energy advocates come to terms on new net metering rates in North Carolina
The new rates, which include minimum monthly bills, non-bypassable charges, and grid access fees for larger systems, will now go before state regulators for approval.
Sunrise brief: ACORE report finds room for improvement in how renewables are valued
Also on the rise: NextEra Energy sells a 50% stake in a renewables portfolio for almost $850 million, and a discovery may lead to a big jump in perovskite solar cell efficiency.
