In this guest post for pv magazine USA, Soltage Senior VP Marc Miller looks at the Contract for Differences (CfD) model as a way to further expand corporate adoption of solar, particularly in states that do not have Virtual Net Metering policies.
The world’s largest wind and solar asset owner has identified opportunities for 9-10 GW of solar as it expands into renewables and away from risky conventional merchant generation.
A new report by Power Research Group and Wilkinson Barker Knauer finds that cheap natural gas, wind and solar make it impossible for merchant plants to recover invested capital, and threaten the basic operation of wholesale power markets.
Despite having the sword of Damocles hanging over the Office of Energy Efficiency and Renewable Energy (EERE), it is still doing its job – encouraging small businesses to innovate in the clean-energy economy so that if the industry is ever no longer under siege, it will not have fallen irreversibly behind the rest of the world.
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This is the second sale of loan assets for the company, which has experienced significant staff reductions and turnover in its executive positions.
While there were many good indicators at ACORE’s 14th REFF Wall Street conference, there are worries around the Suniva Section 201 trade case.
The company announced an investment partnership with the Power Opportunities Group of Oaktree Capital Management that will help the company expand its international business on its current portfolio in addition to joining the energy-storage market.
The portfolio of four solar projects will provide low-cost electricity for 38 co-ops in the state, and builds on existing projects developed by the two companies.
Rocky Mountain Power is asking the Wyoming Public Service to slash severely the reimbursement rates it is required to pay to qualifying facilities under the 1978 law, arguing falling solar and natural gas prices mean those rates are too high to sustain long term. (READ THE FULL FILING HERE)
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