The grid operator’s projected 5% “completion rate” for projects in its interconnection queue was questioned by executives at the renewables trade group ACORE and the consultancy GridLab.
Iowa has made headway in its adoption of solar since 2020 when its utility-scale market took off. Wind energy continues to dominate the generation mix in the state.
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.
U.S. Solar Market Insight 2022 Year in Review reports a drop in solar growth due to anti-circumvention tariffs and UFLPA; however, the long-term forecast sees the U.S. solar industry as a pillar of the energy transition, expecting a 60 to 70 GW annual market toward the end of the outlook.
Maxeon module shipments of 734 MW were above ROTH MKM Partners’ estimate of 699 MW, and a 27.2% improvement over 577 MW shipped in Q4 2021.
Also on the rise: Sunnova to deploy solar and storage virtual power plant in Texas. Bipartisan Michigan bill would unlock community solar market. And more.
The senate-sponsored bill would enable residents and businesses to subscribe to offsite solar projects to receive a credit on their utility bills.
Grocery store chain Meijer and pharmaceutical company Charles River Laboratories holds virtual PPA’s for 185 MW of Pisgah Ridge Solar’s 250 MW power output, while a third offtaker has never been identified.
The company will partner with David Energy, a retail energy provider. Virtual power plants enable distributed resources to work in tandem to better respond to electricity grid demand.
NEM 3.0 takes effect on April 15. For customers who don’t qualify, or don’t get an application submitted in time, developers need to be ready to implement more solar and storage projects down the line.
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