In this interview with pv magazine, New Energy Nexus CXO Jon Bonanno describes the significant opportunity presented by the federal Opportunity Zone program – and the limited window of time to take full advantage of the program.
The microinverter maker reported its second consecutive quarter of profit and is sold out into the second half of the year, as it continues to battle tariffs and component shortages.
Governor Rosselló has signed legislation moving the island to 100% renewable energy, while both the Trump Administration and the island’s utility push for a greater dependence on gas.
The City Council has approved Mayor Emanuel’s plan to transition the entire city’s electricity supply to renewable energy by 2035, which makes Chicago the largest U.S. city to set a 100% renewable energy commitment.
Puerto Rico regulators have rejected the Integrated Resource Plan filed by the island’s utility; however the plan is also likely out of compliance with the island’s new 100% renewable energy law. In the interim, PREPA is moving to get gas plants online.
The first Solar Power Mexico exhibition was a success, despite being held just weeks after the Mexican government announced the cancellation of its fourth long-term energy auction for renewables, along with general policy-related uncertainty for clean energy.
Senate Bill 1121 has been given final approval by the Puerto Rico legislature and is headed to the desk of Governor Ricardo Rosselló. When passed, it will make the island the fifth state-level jurisdiction to establish a 100% zero-carbon and/or renewable energy mandate.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
A bill to mandate that the island’s electric system move to 100% renewable energy by 2050 has passed the Puerto Rico Senate and is being sent to the House for reconciliation, the last stop before it is expected to be signed by Governor Rosselló.
PREPA’s draft IRP calls for rapid deployment of solar and batteries, including the installation of as much battery storage as is currently online in the entire United States over the next four years, in a system broken up into “minigrids”. However, it stops short of utilizing behind-the-meter PV and storage.
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