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North America

Vivint Solar securitization gets A- bond rating

Kroll has assigned a portfolio of 37,792 leases, worth $494 million in various revenue streams, a preliminary rating pending a sale to the marketplace.

US solar power generation up 33% year-over-year in Q1

The 33% increase in Q1 2018 generation is more than the 25% year-over-year increase in capacity, suggesting that solar projects are generating more electricity per watt of installed capacity.

PJM capacity auction results show solar boom

The results of a 2021/2022 auction saw an additional 964 MW of utility-scale solar projects bidding in to supply capacity, suggesting a boom in solar.

Oregon utility seeks hundreds of megawatts of renewable energy

PGE is seeking the equivalent of 500-620 MW of utility-scale solar, with a minimum project capacity of 10 MW.

Panasonic and Pika up the pace

Pika Energy has increased its home battery capacity to 17.1 kWh – about half an average home’s daily usage. The units are powered by Panasonic lithium-ion cells.

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New Jersey joins the 50% by 2030 renewable energy club

Governor Phil Murphy has signed landmark legislation that will enable the state to tie with California and New York for the nation’s third-most ambitious renewable energy mandate, as well as replacing the SREC system, boosting community solar, and more.

Barriers to non-utility ownership of DER stripped from California bill

SB 1088, which would have effectively barred customer or third-party owned solar or batteries from providing reliability services for the distribution system has been altered before leaving the Senate Appropriations Committee.

Southern Company sells off 1/3 stake in solar portfolio to Global Atlantic

The retirement and insurance provider will pay $1.2 billion for a share of the power giant’s 1.7 GW solar portfolio. Southern will still operate the projects.

The path to 1.5¢/kWh solar power, and lower

GTM Research projects 24¢/w solar panels and utility scale fixed-tilt systems at $0.70/W by 2022, which opens up new possibilities for ultra-cheap power from solar.

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Sonnen secures $70 million from Shell for US, Aus expansion

The battery integrator has already began to draw on the funds as it continues to expand its market presence in the United States and in Australia. Shell Ventures is now a major sonnen investor and and the companies have agreed to future cooperation.

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