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Markets & Policy

People on the move: GridBeyond, Haven Energy, Weideman Group and more

Job moves in solar, storage, cleantech, utilities and energy transition finance. And the job of the week.

Oregon expands microgrids to beyond utility ownership

The legislation strives to build resiliency at the community level by allowing private developers to build, own and operate microgrids.

Senate-passed budget bill risks American manufacturing, jobs and more

Industry leaders react to passage of the Senate-approved bill, warning it will pull the plug on domestic manufacturing, billions of dollars worth of investment, new jobs, lower energy costs and increasing clean energy capacity.

Utility-scale solar developer Arevon secures $600 million portfolio funding

The project finance deal includes an option to expand to $850 million.

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Senate passes budget bill in tie-break, with deep solar cuts left intact

Solar industry leader warns that passage of this bill will weaken the U.S. industries that power the economy and strengthen national security.

Solar cost of electricity beats lowest-cost fossil fuel – even without tax credits

Lazard’s analysis of levelized cost of electricity across fuel types finds that new-build utility-scale solar, even without subsidy, is less costly than new build natural gas, and competes with already-operating gas plants.

3

New Jersey unanimously passes bill for automated solar permitting

While other states’ bills to remove solar permitting bottlenecks fell flat this year, New Jersey unanimously passed a permitting bill in “one of those rare wins.”

2

Senate seeks to tax the very idea of solar power

The latest version of the Reconciliation Bill includes a 30% excise tax on solar projects if its components or intellectual property originate from entities linked to foreign adversaries—even if those projects don’t claim tax credits.

Solar surpasses 10% of U.S. electrical generation for a full month for the first time

In April, solar photovoltaics accounted for 10.64% of all electricity generation, according to the EIA. Combined with wind, the two sources neared 25%, while carbon-free electricity edged above 49%.

Three Republican Senators call for easing clean energy cuts in budget bill

An amendment put forth by Iowa Senator Ernst seeks to extend tax credits and clarify FEOC rules.

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