Economist-at-large Ahmad Faruqui reviews the customer incentive to install rooftop solar and energy storage under various California rate structures.
For the near term, the initiative has a draft goal of reducing interconnection schedules and costs for large-scale renewable and storage projects by 50% within five years.
Also on the rise: Three western states to mandate electric vehicles. Federal agency inaction may hamper residential solar loan access. And more.
The National Credit Union Administration can extend an exemption to allow federal credit unions to provide 25-year solar loans.
The California clean energy market is forecast to create 4 million new jobs and pay 30% above the state’s median wage.
The U.S. Department of Commerce stated unequivocally that companies assembling solar modules outside of southeast Asia were not part of the recent circumvention ruling.
Oregon, Washington, and California will join the clean cars program, mandating that all new cars, trucks and SUVs be zero emissions.
The US manufacturer secured an equity-based financing facility to support R&D of its CIGS thin-film solar solutions.
A pair of University of Houston professors launched start-up LiBeyond to refine aqueous battery architecture for use in EV and storage applications.
Not only does yesterday’s vote affect rooftop solar owners, but electric rates are going up across the board with the $1.8 billion increase expected to raise rates by 12% over three years.
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