New York recommends “stopgap” measures to modify solar compensation
Two white papers issued by state regulators call for modifying the Value of Distributed Energy Resources calculation and increasing credits available for community solar projects. SEIA describes this as “forward progress”.
Solar power assets included in “AAA” commercial bond offering
CleanFund has closed on a $103 million bond for a portfolio holding building efficiency, seismic, water conservation improvements, as well as solar assets. A 5 MW project was noted as having received a 20-year term at 5.6%.
SolarEdge ships nearly 1 GW of inverters during Q2
The inverter and power optimizer maker showed 67% year-over-year revenue growth and shipped 985 MW of inverters but missed earnings projections by 2%.
40 million EV charging points for 11% of all cars by 2030
GTM Research has published an analysis of the global electric vehicle infrastructure of 2030. The group sees ten times more public charges than home chargers, and in North America alone sees $13 billion in electricity related revenue due to EVs in 2030.
Locals push solar power from the bottom up in Maine
In a state whose governor is staunchly anti-renewable energy, more than 25 municipal projects have been built and an island is pushing for energy independence by 2030.
Trump calls for 25% tariffs on Chinese inverters, other products
U.S. President Donald Trump has asked trade officials to consider increasing import duties from 10% to 25% on a list of products from China including inverters, AC modules and non-lithium batteries.
Massachusetts passes energy bill without lifting net metering caps
The bill will increased the state’s renewable portfolio standard to 40% by 2030 and mandated additional energy storage, but the failure to lift net metering caps is expected to hobble mid-sized solar installations.
Construction starts on 450 MW-DC of Florida solar
Black and Veatch has started work on four massive solar plants for Florida Power and Light, which will bring the utility to over 1.2 GW-AC of installed solar some time next year.
The ever shifting sands of the 50 States of Solar
NC Clean Energy Technology Center has published its Q2 analysis of relevant policy changes, specifically noting increased political maneuvering around net metering and rate design, with 42 states and Washington DC committing to “action” in the quarter.
Massachusetts committee produces weaker energy bill
The bill will increase Massachusetts’ RPS to 40% by 2030 and increase energy storage procurement, but does not lift caps on net metering. The Sierra Club called the bill “half measures and timidity.”
