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Markets

Tesla is selling commercial solar as cheap as $1.01/W

The new tool launched for C&I solar customers is yet another example of Tesla being able to drive down system prices by ditching traditional sales models and customer acquisition costs.

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MISO seeks to make solar a dispatchable, intermittent resource

MISO is seeking input as it transitions solar power to being more highly integrated into its energy forecast modeling. This is happening as the volume of solar is booming, and follows on the grid operator’s success with wind power.

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Gas favored over solar as Memphis utility considers TVA exit

Memphis is studying the potential to save money by exiting its contract with TVA. At issue is how much solar and storage to include in any new generating portfolio.

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Goldman Sachs reaches $4 billion in renewable investment potential

Goldman Sachs Renewable Power, a subsidiary of the investment banking giant, has reached an equity pool of $4 billion, which will serve to expand on the hundreds of megawatts in portfolios the company has acquired in the last 12 months alone.

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Louisiana guts net metering

Regulators in Louisiana have replaced net metering with compensation at avoided cost for all power exported to the grid on an instantaneous basis, effective January 1, 2020. As a result of this, the state’s small solar industry is expected to lose jobs.

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Consumers agrees to buy half a gigawatt of solar in settlement

Consumers has reached an agreement with Michigan regulators to allow for the development of over half a gigawatt of its 3 GW interconnection queue by 2023. However, while the current backup is being remedied, what’s to stop another one down the line?

Santee Cooper turns from coal to solar and storage

The scandal-plagued South Carolina public utility has announced plans to procure 1 GW of solar by 2024 and install 200 MW of energy storage by 2028, along with the closure of a coal-fired power plant.

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A solar titan born before us – Esdec buys IronRidge and Quick Mount PV

The European rooftop solar racking manufacturer launched in the United States last year and has now bought three US residential racking companies that represent 60% of the market, with greater than $250 million in combined revenue.

Residential energy storage broke records in Q2

More residential storage went on-line in Q2 2019 than ever before, helping to soften the blow of a quarter that just didn’t compare in the face of the previous one.

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Louisiana regulators will vote on whether or not to kill net metering

On Wednesday regulators will vote on a proposal to replace retail-rate net metering with a two-channel billing system based on avoided cost, which could wipe out the state’s solar market.

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