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Markets & Policy

Rhode Island’s solar-powered move: Conti signs 35 MW EPC agreement with Southern Sky

Conti Solar has signed a five project, 35 MW EPC agreement with Southern Sky Solar in Rhode Island. These projects alone would represent about 30% growth in the state’s total solar capacity, however, the state’s development queue is huge as it aims for 1 GW of renewable energy in 2020.

SEIA, Vote Solar support Nevada renewable energy mandate

The two groups have come out to advocate for Question 6, in hopes of establishing the fourth-most aggressive renewable portfolio standard in the country.

US triples energy storage installations, residential grows 10X to become largest sector

Wood Mackenzie projects that the U.S. energy storage market will reach well over $500 million in sales this year, following on 61.8 MW / 156.5 MWh of installations during the second quarter. Residential storage has grown at 61% per quarter since Q1 2017.

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GIP launches renewable energy developer, acquires 4.7 GW of SunPower assets

Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline.

How solar power saved $6.7 million on a Tuesday

A report analyzing the week of a heat wave in the Northeast estimates that solar power saved $30 million in wholesale electricity costs due to lowering demand at its peak during mid-day – including $6.7 million in savings on July 3rd.

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Clean energy wins and losses in the California Legislature

While California passed a 100% clean energy mandate and energy storage subsidy extension last week, bills for grid regionalization and accelerated procurement of renewable energy died.

Grid-connected battery energy capacity grew 68 percent last year

A utility survey shows battery storage capacity growing sharply, including solar + storage installations in several states. Looking ahead, FERC Order 841 could spark extensive new storage for grid services, helping more utilities become familiar with storage and its benefits.

Global EV sales hit 4 million, soaring market sees next million in May 2019

While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.

Europeans break ground in Texas and Utah on 300 MW of solar power

Copenhagen Infrastructure Partners have started construction on their Misae and Sage solar power projects, located in Texas and Utah and sized 240 MW-AC and 58 MW-AC, respectively.

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Duke Energy, Wal-Mart reach agreement in REC structure case

The two giants, one in the utility sector and the other in retail, have reached an agreement over the protested bill credit model in Duke’s Green Source Advantage Program and Rider.

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