SB 84 would establish a 100 MW community solar program and also include a 30% annual capacity carve-out for low-income customers and related service organizations.
Also on the rise: Researchers use AI to model how grid failures cascade in a disaster, VEIR raises capital for its novel transmission line technology, NV Energy issues a community solar RFP, Freedom Solar gains two new partners, and Daqo New Energy signs a polysilicon supply deal.
The community solar program comes with a subscription model that requires no credit check, no long-term contract, and no cancellation fee, benefiting the rental market.
Nine projects received grants from the Low-Income Solar Deployment Program, part of the state’s Clean Energy Fund.
Also on the rise: Altus Power plans more community solar on O’ahu, Wells Fargo passes $10 billion in tax equity investment for renewables, and Enphase Energy plans to issue $1 billion in senior notes.
Vote Solar’s Access & Equity Advisory Committee has released a policy brief outlining key initiatives for more successful solar expansion programs.
Also on the rise: Duke Energy starts work on a 50 MW solar array near Charlotte, a solar+storage project nears completion in Massachusetts, and AC Power targets brownfield sites for New Jersey community solar.
The Uncompahgre Community Solar Garden serves subscribers from 13 Colorado counties and 40 cities.
Tax equity financing for the 24.6 MW of capacity was secured in a partnership with Crestmark, a division of MetaBank N.A.
Under an agreement with Boston-based Nexamp, Big Y is subscribing to 19 solar projects across Massachusetts.
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