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.
Ohio business community backs 2.2 GW of Ohio solar
Speaking the language of manufacturing, employment, and economic opportunity, five prominent corporations have backed a 2.2 gigawatt solar goal for Ohio by 2030.
Silfab unveils US manufacturing site with $40 million investment in Itek Energy
Canada-based Silfab Solar has invested US$40 million in U.S. solar PV module manufacturer, Itek Energy, LLC’s Bellingham, Washington production facility.
Drones are accelerating solar energy’s cost advantage
In this op-ed for pv magazine, Mike Winn, CEO and co-founder of DroneDeploy explains the value of drone deployment in solar project development and maintenance.
RBI Solar integrates, literally and figuratively, SolarBOS
Gibraltar Industries, owner of solar racking company RBI Solar, of Cincinnati, OH has acquired balance of system designer SolarBOS, of California.
California energy storage subsidy extension passes Assembly
A bill to extend the SGIP program through 2026 and add nearly 3 GW of behind-the-meter energy storage has passed the California Assembly. It will now go to the Senate to be reconciled before going to Governor Jerry Brown.
GRID Alternatives launches fund to solarize Native American communities
The nonprofit has partnered with more than 40 Native American tribes to install about three megawatts of solar capacity since 2010, and train 550 individuals.
Insuring the sunrise with Wall Street finance
kWh Analytics and Swiss Re have structured a deal with GCL New Energy and PNC Bank for 50 MW of solar projects financed using the Solar Revenue Put to guarantee 95% of solar generation.
California bill would require 2.5 GW more wind, solar before tax credits expire
AB 893 has been amended to require utilities in the Golden State to procure 2,500 of “tax advantaged renewable energy”, as part of 5 GW of procurement by 2030. And with the state’s legislative session concluding at the end of the week, the race is on.
100% clean energy passes California Assembly
The largest political hurdle has been cleared for the world’s fifth-largest economy to eliminate carbon emissions in the electricity sector. The state has also set a 60% by 2030 renewable energy mandate.
