Procurement

Major global brands can’t stake their future on a business supply chain that is not sustainable.

As the state looks to achieve its its 70% by 2030 renewable electricity goal, community solar is taking center stage, with the announcement of New York’s first community solar-plus-storage project and a municipal opt-out community solar pilot.

The two energy giants have announced their intent to pivot away from fossil fuel generating assets and expand their renewable footprints.

Not all solar projects are created equal — a new report from Clearloop, Downstream Strategies and WattTime outlines the areas in the country where development would make the biggest difference in reducing emissions and cleaning the grid.

A new report by Generation180, the Solar Foundation and SEIA shows that the amount of schools turning to solar energy is surging, as over 5% of the country’s K-12 schools now have some sort of PV installation.

FERC has issued a ruling on PURPA described by some as “death of a thousand cuts” for the policy that has spurred large-scale solar development across the country.

Three projects across North Carolina are being developed to fulfill a new agreement between Duke Energy and Duke University, under the utility’s Green Source Advantage program. The university is the first academic institution to come to terms on a renewable power contract under the program.

Facebook now has contracts for 694 MW of solar power in Utah (63% of the state’s solar generation capacity) in its pursuit of becoming entirely renewably-powered by the end of this year.

The Covid-19 pandemic continues to cast a cloud on industries around the world, but the U.S. utility-scale solar segment is still growing. Around 3 GW of solar PV is set to be installed this year in Texas alone, but opportunities also abound across several other southern U.S. states.

For corporates with a global footprint, there is now a single place to view and compare the risk and value of each PPA available in North America and Europe.