80 MW of rooftop solar subscribed in Nevada – in slightly more than one year
Nevada is decreasing compensation slightly under its new net metering policy, with the first 80 MW tranche of the program fully subscribed over the weekend.
Hawaii PUC approves solar + battery system for Molokai
The island’s 7,000 residents are expected to see savings from the 4.9 MW solar and 2.6 MW of battery storage that Half Moon Ventures plans to install on the island.
Green Mountain Power solar grows 1500% since 2012
The Vermont utility says that net metered solar capacity in its service area grew from less than 10 MW in 2010 to more than 150 MW through July 2018. These behind-the-meter installations represent 65% of the solar installed in its service area.
Inverter makers plan alternatives to avoid potential 25% tariffs
Several inverter makers could be hit by the Trump Administration’s move to increase tariffs on imports including inverters from China, but many are already shifting manufacturing to other locations.
11 GW of Texas solar would complement existing wind power
A study by UT-Austin finds that 11 GW of solar power in Texas would be the optimal capacity to complement the state’s existing wind generation in meeting electricity demand throughout the year. While the results reflect a carbon price scenario, they may still provide near-term guidance.
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.
