North Carolina bill would revise PURPA procurement rules if signed by governor
House Bill 589, which overhauls the regulations surrounding utility procurement from independent power producers, passed in the wee hours this morning and heads to Gov. Roy Cooper for his signature.
Dominion moving further into solar with 79 MW project in North Carolina
The power giant’s plans to buy the project from Cypress Creek add to its utility arm’s ambition to sign contracts with 950 MW of solar projects in the state by 2021.
Soltage, Basalt acquire 57 MW of PURPA solar projects in North Carolina
The projects are expected to begin construction in May 2017, as Duke chafes under the growing PURPA pipeline in the state.
“Red state” utilities populate the top 10 lists for solar
SEPA’s annual utility list shows utilities in North Carolina, Iowa and Utah among the top 3 in its lists for solar installed on an absolute and per-customer basis. The organization also published new lists of the top utilities for storage deployment.
GCL Energy receives $60 million for 84 MW solar portfolio in North Carolina
With the help of CIT Group, the China-based company hopes to kickstart its U.S. solar portfolio with this first infusion of cash.
GTM Research: U.S. solar market to decline 10% in 2017 (with charts)
The full release of the latest U.S. Solar Market Insight report gives a number of surprises, including Utah and Georgia rising to the #2 and #3 largest state markets with over 1 GW installed each.
Duke proposes dismantling PURPA for solar in North Carolina
The power company has proposed a number of severe changes to the policy, including limiting contracts to projects 1 MW or smaller and allowing prices to change every two years.
Sunlight Financial receives $130 million cash infusion
The provider of residential solar loans joins forces with Route 66 Ventures to grow its product portfolio, improve its operations center and expand its partner network.
AES dives deeper into clean energy with SPower acquisition
The Fortune 200 power company has partnered with a Canadian investment firm to acquire the U.S. utility-scale developer and IPP.
BayWa sells 47 MW of solar plants to PSE&G Solar Source
New Jersey-based utility Public Service Electric and Gas Company (PSE&G) is branching out its solar acquisition portfolio, by acquiring two utility-scale PV plants from BayWa r.e. in North Carolina, through its subsidiary PSEG Solar Source.
