The utility giant now owns or purchases 8,000 MW of renewable generation, with plans to double that mark by 2025. However, while the company eyes zero-carbon electricity by 2050, it maintains that natural gas will remain a crucial source to achieve this goal.
Until now, the value of distributed energy resources has been robbed by as much as 50% because the CPUC’s avoided cost calculators did not include avoided transmission costs in valuations of DERs.
Also in the brief: California regulators will include avoided transmission costs to the valuation of distributed energy resources, the Southeastern Pennsylvania Transportation Authority has signed two power contracts, Philadelphia has reopened its Solarize Philly program and more.
Building on stretches of 100% renewable generation in late 2019, the island met 56% of its electrical demand with renewables over the year, easily surpassing state and local goals.
The partnership would pursue cost-effective solar projects that benefit ratepayers and provide “environmental justice and economic equity to the Navajo Nation,” after the city received power from the coal-burning Navajo Generating Station for decades—and paid less than fair value for coal, land leasing, and water, say advocates.
Also in the brief: Solis has earned SunSpec rapid shutdown certification, EDF renewables has partnered with Cubic Corporation on a solar, storage and EV charging installation, NextEra Energy has raised $4 million in COVID-19 emergency assistance and more.
Also in the brief: Montana high school students raise money for a solar installation, Pacific Gas & Electric is tapping into two Li-ion battery storage projects, a startup from Germany has developed a solar-powered UV disinfection station and more.
Also in the brief: Boston Scientific goes renewable in American operations, a semi-temporary solar farm for Holy Cross Energy, a roadmap to Pandemic Resilience and more.
Dubbing the measure an “emergency regulation,” the incentive program’s capacity has been expanded to 3.2 GW of incentive blocks, with specific carve-outs for smaller projects and low-income community solar projects.
Even as global PV forecasts fall, tax equity dries up and unemployment rises, Jim Spano, co-founder of RadiantREIT, believes that the right type of government stimulus could not only help the solar industry recover — but drive it to new heights.
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