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Markets & Policy

Solar corporate funding rebounds in 2017 (w/ charts)

Venture capital, debt, securitization and project finance were all winners in 2017, as were solar stocks. However Mercom Capital warns that the pending Section 201 ruling could cause significant damage to the sector in 2018.

Cypress Creek constructs 1 GW of solar in 18 months

The developer continues its nationwide expansion, building 800 MW of solar capacity in North Carolina, South Carolina, Oregon, Texas, Maryland, Massachusetts, Minnesota, New York and Vermont alone.

FERC: 43.5 GW of utility-scale solar proposed in the U.S. through 2020

While the federal agency continues to struggle with reporting accurate data on existing solar, it has recorded a large volume of proposed projects over the next three years.

California is already getting 30% of its power from RPS renewables (w/ chart)

The latest report from the California Energy Commission shows that the state is within striking distance of its 33% by 2020 renewable energy mandate, with solar providing more than a third of RPS-eligible power.

Sunnova begs Congress: You must help Puerto Rico restore power

The island’s largest residential solar installer is asking Congress to modify the investment tax credit (ITC) into a cash-grant program, which it says would encourage private investment in the area.

Michigan reports big solar growth in 2017

The Michigan Public Service Commission’s report on net metering shows significant growth in both net metered solar and large installations in 2017.

Xcel reports record low prices for solar plus storage

Documents from Xcel’s Colorado subsidiary show a medium price for PV with battery storage of $36/MWh, the lowest known price to date.

Renewables rise to meet 38% of demand on California’s grid in 2017 (w/ chart)

The latest data shows renewables surging in California, as the state’s grid operator moves to become its own reliability coordinator

Florida bill would launch solar+storage pilot program

State Representative Holly Raschein introduced House Bill 1133 on Tuesday, which would create a pilot program in the Florida Keys to see how solar+storage could stiffen grid resiliency during natural disasters like hurricanes.

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Fayetteville, Arkansas and Ann Arbor commit to 100% renewable energy

Ann Arbor has pledged to meet city energy use with 100% renewables by 2035 and Fayetteville by 2030.

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