While electricity pricing continues to rise due to natural gas pricing in 2022, some locations are starting to see pricing fall, implying that base electricity pricing and escalators in financial models may be out of touch with reality.
Through the deal, Luminia picks up a solar portfolio totaling more than 218 MW, as well as 140 MW of solar development assets in Puerto Rico.
Also on the rise: Industry reponds to California cutting rooftop solar net metering. Growatt releases new battery for rooftop solar applications. And more.
The Rocks tree farm will be 100% powered by an 86.4 kW solar array.
The IRA includes over $60 billion for domestic manufacturing across the clean energy supply chain, incentivizing companies like Endurans Solar to increase domestic production.
A Pacific Northwest National Laboratory study found that allowing customers to opt for real-time power rates, and shift some consumption to lower-priced periods, would lower customer bills 10% to 17%. A pilot study has shown that real-time pricing works, and more pilots are underway.
Also on the rise: Pivot Energy closes financing on 90MW solar portfolio. iSun posts 115% revenue growth in full year 2021 financial results. Energy Dome wins BNEF Pioneers 2022 competition for long-duration energy storage with CO2 batteries. Burns & McDonnell completes 65MW Texas solar project. New Hampshire utilities announce electric vehicle demand charge holiday.
Public Utility Commission discounts demand charges for commercial EV charging locations by 75% in year 1, 50% in year 2, and 25% in year 3.
Also on the rise: Duke Energy Florida launches utility-owned “community” solar program. Batteries help solar connect, pricing still strong. Three year commercial solar project payback period expected through roof mount cost reductions. “It’s time for ISO-New England to get out of the way” of renewables, said Senator Markey. MIT and Stanford researchers are employing artificial intelligence to test perovskites in pursuit of a commercially viable PV cell manufacturing process. NREL’s eight storage projections through 2050. New Hampshire ranks 40th in solar installations in the country due in part to minimalistic or nonexistent renewable energy policies.
The Granite State ranks 40th in solar installations in the country due in part to minimalistic or nonexistent renewable energy policies.
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