GTM Research and SEIA’s final report on the solar market in 2017 shows both the struggle of the residential solar market, as well as a larger than anticipated fall in utility-scale volumes, leading to a 30% contraction overall.
Facebook’s new datacenter in Georgia will be 100% renewable and powered by hundreds of megawatts of solar power, while Fifth Third Bank has also gone 100% renewable with an 80 MW North Carolina solar farm.
The inaugural Solar in the Southeast report by Southern Alliance for Clean Energy finds a large disparity between progress in the Carolinas and Georgia versus the rest of the region.
The Imperium3 New York consortium has bought Alevo’s lithium-ion battery manufacturing assets in North Carolina in a fire sale, and is planning to use them for a 1GWh battery factory in New York.
The programs would expand the options for its North Carolina customers – both residential and large organizations – to use renewable energy.
Technology Credit Union will commit $400 million annually for residential solar loans, as part of an extension of its partnership with Sunlight Financial.
President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says that it will still have effects, particularly in marginal and emerging regional markets.
The proposal, which needs to be approved by the North Carolina Utilities Commission, could save $4,800 on the average residential rooftop array.
The Virginia power company says a $1 billion investment in its home state and North Carolina has placed its solar assets as the sixth largest utility-owned portfolio in the country.
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