Also on the rise: Cummins and Iberdrola plan a $60 million green hydrogen plant, natural gas falls to renewables (and coal), and Aurora Solar closes a $250 million financing round.
Also on the rise: Supply chain costs hit Maxeon Solar’s Q1 results, Kentucky regulators set a new net metering rate, and Distributed Solar closes financing deal with Bank of America.
Regulators approved a multi-party stipulation that caps solar applications through the end of 2021 at 1.2 MW for Duke Energy Carolinas and 300 kW for Duke Energy Progress each month.
The concept of net metering is important to understand as it affects how long your solar project takes to pay for itself, and how your contractor will design your project. Here’s what you need to know.
The Alliance aims to support the passage of two bills intended to make community solar legal in Michigan.
Also on the rise: Goodyear to add solar at an Innovation Center, NextEra Energy Partners expands a finance arrangement, Solar FlexRack supports a Bahamas project, and California’s annual budget aims to boost support for long-duration storage and ZEVs.
Proposed legislation could better balance the goals of solar developers to add capacity in prime resource zones, which also overlap some of the state’s best farmland.
Also on the rise: The interconnection logjam for solar is large and growing, says Berkeley Lab in an upcoming study; price quotes for solar saw a big drop in the second half of 2020; and an Illini solar farm lives up to its name by planting a pollinator habitat.
The White House said that recent incidents share commonalities, including “insufficient cybersecurity defenses that leave public and private sector entities more vulnerable to incidents.”
The report said a transmission ITC could enable an additional 30,000 MW of renewable energy capacity and spur more than $15 billion in private capital investment in the near term.
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