By setting a timeline for the inevitable decarbonization of its fleet, Xcel is moving to have an energy transition on its terms.
The radical call for a rapid energy transition and jobs program now has the stated support of more than 4% of the U.S. Representatives who will take seats in January.
The developer and asset manager have signed a deal to develop 2 GWac of solar projects in six Midwestern states – more than the entire capacity that is currently online in those states. But this appears to only the beginning for the region.
An analysis by Clean Power Research, commissioned by the MN Solar Pathways Initiative, shows that 10% solar by 2025, and 70% wind+solar+storage in 2050 can be achieved at a comparable cost to natural gas-fired generation.
The new governors favor policies such as a higher renewables mandate, community solar, increased use of storage, and expanding the Western grid, reports the nonprofit Advanced Energy Economy.
Minnesota credit unions have launched a new program to offer solar power finance to their 1.7 million members. This program offers residential loans, and commercial PACE loans, funding up to 100% of the projects.
With Minnesota’s utilities set to exceed the state’s Renewable Energy Standard, a statewide clean energy association is talking with candidates for governor to promote a higher mandate, to help attract renewables investment and jobs. Similar efforts are underway in eight other states.
By adding over 100 MW in the last 5 months, the nation’s leading community solar program keeps growing, with no signs of slowing down.
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