Also on the rise: Duke Energy starts work on Speedway Solar near Charlotte, a Connecticut energy storage bill advances, and Guzman Energy signs a PPA for a Colorado solar plant.
The resources will help the state respond to more extreme weather events and replace generation from 3,700 MW of retiring natural gas plants and 2,200 MW from a retiring nuke.
Both Hawaiian Electric and its regulators expressed frustration over a decision approving an energy storage system that will be critical to retiring a coal-fired power plant by September 2022.
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.
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