Mercom: Battery storage funding shifts to deployment
The latest report by Mercom Capital shows that while debt and public market financing for battery storage companies declined in 2016, that battery storage project funds raised $820 million during the year.
BayWa sells 47 MW of solar plants to PSE&G Solar Source
New Jersey-based utility Public Service Electric and Gas Company (PSE&G) is branching out its solar acquisition portfolio, by acquiring two utility-scale PV plants from BayWa r.e. in North Carolina, through its subsidiary PSEG Solar Source.
Xcel commissions 62.25 MW Minnesota solar farm
The utility, one of the Midwest’s biggest, now owns the two largest solar project in the region, both located in the Land of 10,000 Lakes.
Berkeley Lab finds negligible potential rate impacts from distributed solar
The latest report from the respected national lab finds that even if – big if – behind-the-meter solar is raising the rates of other utility customers, the impacts are tiny, especially compared to other activities.
New Jersey reaches 2 GW of installed solar
With a strong market in 2016, New Jersey retains the fourth-largest installed capacity and the 2nd largest capacity of distributed generation in the United States.
PVMA: 75 GW of solar PV installed globally in 2016
The PV Market Alliance has released its official solar installation figures for 2016, which show a 50% growth from 2015 with a total of 75 GW installed. This was mainly driven by a mammoth year of installations in China, although the future would seem less auspicious as the two biggest markets show signs of retraction.
Duke Energy connected 500 MW of solar in 2016
Just because the calendar turned to 2017, however, doesn’t mean the utility is planning to slow down its solar acquisition. It’s seeking to add at least 460 MW this year as well.
NV Energy asks PUC to reverse $2.92 million net-metering directive
In a filing with the Public Utilities Commission of Nevada, the state’s primary utility says the cost savings were meant to apply to a broader set of customers and shouldn’t be limited to support future solar customers’ net-metering needs.
BNEF: Global solar investment fell 32% in 2016
While much of this decline is due to lower system costs, it was a difficult year for the solar industry despite a 20% growth in installation capacity.
Jigar Shah and Karl Rábago talk policy, pragmatism at NYSES event
Officials from pv magazine served as MC and moderator for the event in New York City
