California ISO says that the project shows that renewable energy plants with smart inverter technology can provide grid services similar to, or in some cases better than conventional generation.
After two years of delays, the process to implement the $1 billion SOMAH program is moving forward.
The consultancy’s 2017 study finds that the global cost of utility-scale solar has reached an unsubsidized LCOE of under $50 per megawatt-hour, making new solar cost-competitive with running existing coal or nuclear plants.
The state’s 5% reduction in greenhouse gases in 2016 is almost entirely due to the replacement of fossil fuel generation with renewable energy.
The financing provider is joining at least two other online solar marketplaces, in a new way to sell residential solar
The RMI handbook provides a template to reduce and eliminate cities’ carbon footprints, including solar implementation strategies and examples.
PG&E, SDG&E and SCE are expecting to meet the state’s ambitious 50% target 10 years early, with contract prices for utility-scale solar projects falling to below $30/megawatt-hour (MWh).
In line with the sluggishness of the residential solar sector Vivint’s volume deployed remains substantially lower than a year ago, as its business model shifts.
The microinverter specialist posted losses of $7 million in the third quarter but did manage to increase its revenue sequentially by 3% to $77 million.
The Property Assessed Clean Energy (PACE) provider insists it is financially sound and that the restructuring is designed to ensure “our operation is running as efficiently as possible”.
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