Markets

Rhode Island’s solar-powered move: Conti signs 35 MW EPC agreement with Southern Sky

Conti Solar has signed a five project, 35 MW EPC agreement with Southern Sky Solar in Rhode Island. These projects alone would represent about 30% growth in the state’s total solar capacity, however, the state’s development queue is huge as it aims for 1 GW of renewable energy in 2020.

US triples energy storage installations, residential grows 10X to become largest sector

Wood Mackenzie projects that the U.S. energy storage market will reach well over $500 million in sales this year, following on 61.8 MW / 156.5 MWh of installations during the second quarter. Residential storage has grown at 61% per quarter since Q1 2017.

How solar power saved $6.7 million on a Tuesday

A report analyzing the week of a heat wave in the Northeast estimates that solar power saved $30 million in wholesale electricity costs due to lowering demand at its peak during mid-day – including $6.7 million in savings on July 3rd.

5

Clean energy wins and losses in the California Legislature

While California passed a 100% clean energy mandate and energy storage subsidy extension last week, bills for grid regionalization and accelerated procurement of renewable energy died.

Global EV sales hit 4 million, soaring market sees next million in May 2019

While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.

Ohio business community backs 2.2 GW of Ohio solar

Speaking the language of manufacturing, employment, and economic opportunity, five prominent corporations have backed a 2.2 gigawatt solar goal for Ohio by 2030.

GRID Alternatives launches fund to solarize Native American communities

The nonprofit has partnered with more than 40 Native American tribes to install about three megawatts of solar capacity since 2010, and train 550 individuals.

100% clean energy passes California Assembly

The largest political hurdle has been cleared for the world’s fifth-largest economy to eliminate carbon emissions in the electricity sector. The state has also set a 60% by 2030 renewable energy mandate.

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Data suggests collapse of PV module imports in the wake of Section 201

Newly released EIA data shows overall module shipments falling by 2/3 in the second quarter of 2018, while pre-tariff prices remained relatively steady.

China files WTO trade complaints against the United States

China has officially filed two complaints with the World Trade Organisation (WTO) against the United States, in response to its 30% Section 201 and 25% Section 301 tariffs.

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