New York’s VDER gets a few tweaks
New York State regulators have issued an order that advocates believe will increase the ability of large solar power projects to get financing, including allowing anchor tenants on community solar projects, increased compensation for upstate projects, more predictable compensation, and small commercial net metering for those that install before 2020.
Nearly half of utilities globally exploring distributed energy management systems
A “virtual power plant” can aggregate distributed solar and storage to help balance supply and demand, and provide grid services. Nearly half of the utility executives interviewed by Deloitte said their firm is considering such a solution, also known by the acronym DERM system, or DERMS.
50% renewable energy mandate passes Nevada Senate
SB 358 would require utilities to source 50% of their electricity from renewable energy by 2030, and set a goal for the state to generate enough electricity with zero-carbon sources to meet its own demand by 2050.
Duke is going to get a lot more solar
In the largest single-day announcement to date, Duke Energy has announced 14 projects to be built across the Carolinas, totaling 602 MW in capacity.
Solar homes sell for more
A new report published by Zillow found that homes with residential solar systems sell for 4.1% more than their non-solar counterparts.
London IPO raises $200 million to invest in solar in the Americas
US Solar Fund has completed its initial public offering on the London Stock Exchange, raising $200 million with a goal to investing in $4.8 billion in utility-scale projects across the Americas.
California’s solar power record setting season is here
California’s grid operator reported breaking 11 GW of instantaneous power from large-scale solar power on Saturday at 1:50 PM. Twenty minutes beforehand, the CAISO grid was exporting a record 1.5 GW of electricity, and last Wednesday it hit 93% clean electricity for a moment.
Solar sandbagged in draft TVA resource plan
By using high projected costs for solar, low costs for natural gas, and capping solar installations at 500 MW per year, the Tennessee Valley Authority “did not optimize for what is best for Tennessee Valley residents,” says a citizens group.
California 93% clean electricity, a new solar roof sold out into 2020; pvMB 4/12/19
Headed into that sweet, sweet weekend EVgo is installing battery storage at its charging stations, solar installer is the fastest growing job in the nation, ACORE is hiring executives and more!
SEIA’s soliloquy for solar+storage, stability and transmission in California
In response to updates of California’s proposed 12 GW Integrated Resource Plan, SEIA has suggested deeper evaluation of the grid value of solar+storage vs. solar alone, more consideration to transmission of solar generation, and a consistent procurement model to support business continuity.
