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.
The landmark legislation has been met with celebration in the US solar industry as it prepares for a record decade of deployment.
In May federal banking regulators proposed sweeping changes, which include shoring up the underserved against climate disasters, but SEIA and environmental groups asked them to go further in financing renewables to benefit LMI communities.
Also on the rise: Briggs & Stratton launched the SimpliPHI energy storage system with lithium-ferro-phosphate chemistry. ACORE outlines reduction in solar investment and development if tariffs persist. Holistic solar modeling predicts even lower future pricing. And more.
The US attracted $228.3 billion in renewable energy, grid-enabling technology and transmission for renewable integration investment since the launch of ACORE’s $1 Trillion campaign in 2018.
The decision has been nearly universally lauded across the solar industry, and thought leaders in policy, advocacy, and project development have chimed in with their perspective on the decision and its ramifications.
President Biden’s nomination of the chairman, popular among renewable energy advocates, comes as the commission looks to finalize major reforms to its electric regional transmission planning and cost allocation requirements.
Job moves in solar, storage, cleantech, utilities, and energy transition finance.
The decision has been lauded as one that could lead to much-needed upgrades to the nation’s electrical grids, updates that would enable higher penetrations of renewable resources.
Transitioning to a clean-energy future is not just a matter of environmental stewardship, but an investment in national security.
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