NY Green Bank attracts $314m investment from Bank of America
The backing will allow the bank to reinvest capital into new projects at a faster rate by making the additional financing available to more projects.
SunPower added 13,000 solar customers, looks to strong growth in the third quarter
In its second quarter earnings statement, the company said it expects volume and margin improvements in its residential business to continue, with Q3 volume expected to top 40% compared with 2020.
Illinois reduces power HOAs have over distributed solar projects
Community associations can no longer determine where an installation goes and have to rule on all applications within 75 days of filing, thanks to the passage of HB 644.
RFP alert: Con Edison and Orange & Rockland are looking for battery energy storage capacity
Con Edison wants projects totaling at least 200 MW in New York City and Westchester County. O&R is looking for projects totaling 10 MW.
As Maui approaches 100% renewables, NREL models grid options
Maui’s electric power grid is expected to operate with 100% solar and wind on an instantaneous basis as early as 2024, and NREL is helping the island plan to reliably supply electricity.
Auxin and Suniva ask the ITC to extend Trump-era import tariffs
The two companies led the initial effort to impose tariffs and now claim they have been unable to complete plans to adjust to import competition given the pandemic, alleged “predatory” pricing, and other factors.
Sunrise brief: Solar+storage gains a solid foothold across the U.S. grid
Also on the rise: Three startups that aim to change the solar and clean tech sectors, battery companies join effort to improve cycling performance, solar PV shipments rose in 2020 as demand grew and costs fell, and more.
Europe had just 650 MW of solar cell manufacturing capacity at the end of 2020
The Photovoltaics Report published by Fraunhofer ISE said that Europe had just 1.25 GW of solar wafer production capacity at the end of 2020.
Sunrise brief: First Solar plans to add still more production capacity as global demand grows
Also on the rise: Startup invents battery breakthrough, Arizona is tapped for a Li-ion battery plant, solar PV shipments were up 33% in 2020 as demand rose and prices fell, and groups press DOE to move TVA off of fossil fuels.
Solar PV shipments were up 33% in 2020 as demand rose and costs fell
The Energy Information Administration reported that solar PV module shipments in 2020 totaled nearly 21.8 million peak kilowatts and had a total value of more than $8.2 billion.
