OYA Renewables closes financing for New York community solar pipeline
Funding from construction-to-term loan and tax equity commitment to finance construction of 15 community solar development projects in New York State.
$10 billion from the IRA to help clean up the industry
The IRS released guidance on how it will allocate $10 billion to grow recycling facilities, re-equip industrial facilities to reduce greenhouse gas emissions by at least 20%, and establish new manufacturing facilities that reduce our carbon footprint.
Energy justice, LMI solar strike a chord at Intersolar
The energy burden on disadvantaged or low-to-moderate income communities has translated to more than 15% of disadvantaged households’ income devoted to paying for energy each month as the cost for electricity rises, compared to 2 to 3% that average income households typically pay for energy each month.
Interconnection delays slow U.S. community solar growth
While community solar dropped 16% in 2022, it’s still expected to double by 2027, according to a new report from Wood Mackenzie and Coalition for Community Solar Access.
The IRA will unleash community solar markets
Community solar provides measurable, tangible benefits to the grid and ratepayers. While some may argue about the exact value of these benefits, distributed solar, and community solar specifically, is an integral part of the grid.
U.S. energy storage market set for take off
The U.S. Inflation Reduction Act (IRA) is set to ignite the energy storage market in 2024, as analysts expect up to 65 GW/260 GWh of projects through 2026. The outlook is for battery project sizes to increase as the pipeline takes shape.
IRA spurs 101k clean energy jobs in first six months
As of January 31, 2023, there are more than 90 new manufacturing facilities and renewable energy projects developed in rural towns and large cities, representing an aggregate of $89.5 billion of new investments into the clean energy market, according to a Climate Power report.
Biden celebrates 100,000 jobs and near half-trillion dollar investment in clean energy
More than $60 billion in private investments in clean energy have been announced since the landmark Inflation Reduction Act was passed in August. The Act includes $370 billion in climate and energy spending.
Battery supply chain state of health
As the U.S. Uyghur Forced Labor Prevention Act demonstrated, companies preparing to spend big on batteries are at risk of being blindsided by supply-chain-related legislation. Here are some tips on how US developers can anticipate policy curveballs.
Solar development partnership supports Tribal communities and corporate ESG goals
Former Tesla project manager joins Seneca Solar to integrate the program management expertise of Seneca with AEDG’s growing portfolio.
