News

Would you pay 1.795¢/kWh for solar power in 2043?

NV Energy has signed a 25-year power contract for 2.376¢/kWh for the output of a 300 MW solar power plant in Nevada. This represents a new record for the lowest public contract price for solar power in the United States.

Large-scale solar stays strong in Q1 2018 (w/chart)

Thanks in no small part to modules stockpiled before the Section 201 tariffs hit, both the utility-scale and “non-residential” market segments grew year-over-year in Q1. And while the duties are expected to play a greater role in 2019, there are other factors supporting ongoing market growth.

sPower secures 100 MW solar power PPA with California aggregator

Community choice aggregator CleanPowerSF has signed a 22-year PPA with sPower for a 100 MW project in Lancaster, California. The project is expected to be online in 2019.

First Solar breaks ground on 1.2 GW factory in Ohio

The plant is the second-largest planned in the Western Hemisphere, and will triple the thin film module maker’s manufacturing capacity in the United States.

Lowest public solar power contract in the United States: 2.49¢/kWh

Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at 2.49¢/kWh, the lowest confirmed price for a public solar power contract to date. The deal also involves shutting down a coal plant.

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Illinois REC prices published for distributed generation, community solar

The Illinois Power Agency published its renewable energy credit prices for upcoming auctions for the Adjustable Block and Illinois Solar For All programs.

What China’s subsidy pull-back means for U.S. solar (part 2): manufacturing

Global oversupply and a collapse in module prices are not good news for manufacturers. But the details are always more complex, and many of the factories planned for the United States appear to be staying the course.

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US Senate introduces solar tariff repeal bill

U.S. Senators Martin Heinrich (D-N.M.) and Dean Heller (R-Nev.) have introduced a bill to rescind the duty and tariff-rate quota on imported solar. This follows the introduction of a similar bill in the U.S. House.

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210 MW-DC solar farm proposed for Wisconsin

Two Wisconsin utilities are in talks to purchase the NextEra project, which is in excess of state renewable energy requirements and will be four times as large as all of the cumulative solar built in Wisconsin to date.

Sunlight Financial secures $50 million equity raise

The investment from FTV Capital is the latest in a string of fundraising successes for the solar and energy storage lending platform.

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