News

Global storage growth of 4.6% in 2017 reflects patchy state of sector

Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.

Enel, NREL partner on three-year solar vegetation study

By doing the research, the partners hope to discover how solar and plant life interact and find effective ways for solar arrays and agricultural lands to co-exist.

Massachusetts bill to supercharge clean energy goals

A new version of a bill to set 2030 and 2040 greenhouse gas reduction targets will also increase the state’s renewable energy mandate, remove net metering caps and do a lot more.

NextEra Energy Resources adds to Minnesota community solar boom

Five new projects bring the developer’s community solar portfolio to 66 MW and continues the state’s position as a leader in the space.

FERC opens markets to energy storage, begins distributed energy proceeding

As the completion of the multi-year rule-making the federal agency will require grid operators to value the contributions of energy storage, and begins a process to look at how aggregated distributed energy resources can compete in wholesale markets.

Maryland opens energy-storage tax credit program

The program is now taking applications for $750,000 in tax credits to support energy storage systems added to existing renewable energy systems, with $225,000 reserved for residential solar customers and $525,000 reserved for commercial taxpayers.

GCL, Canadian Solar, First Solar show biggest solar pipelines

GCL, Canadian and First Solar are reporting the largest project pipelines in GTM Research’s ranking of global developers, however it is unclear how Section 201 duties will affect Canadian Solar as well as No. 4 developer SunPower.

Data reveals top 3 traits consumers want in a solar installer

According to SolarReviews.com’s examination of more than 2,800 actual customer reviews, smaller, family-owned companies with deep roots in communities receive the most positive reviews from the people they serve.

SunPower continues to bleed red ink

Due largely to write-downs the high-efficiency PV maker lost a whopping $750 million during Q4 2017, as it sells off assets.

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OPIC funds $253 million in overseas solar during 2017

The U.S. government’s lender for U.S. interests operating in developing markets increased clean energy financing in 2017, despite the arrival of the Trump Administration and an ongoing investigation.

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