Texas is the proving ground for a new way of electric grid operation
Texas is uniquely suited to adopt virtual power plant technology due to its competitive, deregulated market. Its success highlights the “perverse incentive” of vertically integrated utilities in other states to make capital expenditures without discretion to raise profits.
21 states accept the grid modernization challenge
The Federal-State Modern Grid Deployment initiative aims to shore up the U.S. energy grid to prepare for both challenges and opportunities in the power sector.
Battery energy storage tariffs tripled; domestic content rules updated
Breaking down U.S. market impacts on energy storage from recent policy changes with insights from Clean Energy Associates.
Guaranteed and transferable tax benefits will make the PV industry too big to fail
Trina Solar executive says policies in the Inflation Reduction Act will make or break the future of solar in the U.S.
“Green zealots” scare Florida administration from 100% renewable goal
In a significant policy reversal, Florida has scrapped its renewable energy targets for 2050, imposed a complete ban on offshore wind projects, and eased regulations for gas pipeline expansions.
Solar industry panel cautions about 2025 Texas Legislature
According to BloombergNEF’s just released 1H 2024 US Clean Energy Market Outlook, Texas promises to top the charts in terms of solar, wind and battery storage deployments in the period from 2024 to 2035. But it’s position as the number one U.S. state for renewable energy is not a given, as panelists made clear at last week’s RE+ Texas conference in Houston, Texas.
What tax credit transfer buyers need to know about IRA compliance
The key to ensuring expected financial returns from the IRA comes down to a single word: compliance, and tax credit compliance is fraught with risk and complex to manage.
California is now a batteries-included rooftop solar market
About 60% of customers have included battery energy storage with their rooftop solar installation, up from roughly 10% prior. However, a “sustained downturn” is expected for the market.
SunPower now offers Tesla Powerwall 3 to residential solar customers
SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Colorado modernizes community solar program
Governor Polis signed into law bipartisan legislation that launches a new dispatchable distributed generation program and leverages Solar for All funding to upgrade its grid, lower energy bills for all and promote energy equity.
