Is the U.S. solar market slipping towards merchant?
As contract lengths shorten, U.S. solar developers and investors are relying more and more on sales of power in the spot market as the future.
Utility scale solar pricing down 7% on competition and construction costs
LevelTen’s marketplace shows utility-scale solar power offers falling $2/MWh across five large grid operators, with executives suggesting that competition among developers and falling construction costs drove this.
Utility scale solar pricing inches up
LevelTen Energy’s Q4 PPA price index saw a sight increase in the price of utility scale solar power purchase agreements, except for the Southwest Power Pool which saw a healthy chunk of inexpensive projects come online.
City of Buffalo seeks 32 solar power bids
As part of a broader program between five local schools, the City of Buffalo has submitted a request for proposals for 32 sites around the city, and project owners will then sell the electricity through 20 year power contracts with the city.
Milwaukee pushes back against We Energies’ monopoly
A city council committee has advanced a resolution to work with a contractor to install 210 kW of city-owned solar on libraries – only 20% of what it had earlier planned – as the utility insists that third-party power contracts are illegal.
Florida fighting for its solar power – one PPA at a time
A state senator has filed legislation to alter the definition of “public utility” to exclude those installing renewable energy devices of up to 2.5 MW on their own property and selling it to others, on their own property.
Two CCAs sign up for 128 MW of solar plus storage
A deal with EDF Renewables is one of the largest power contracts ever penned involving community choice aggregators, with special focus on the potential of the project’s battery storage component to help those CCAs deliver energy more efficiently.
sPower secures 100 MW solar power PPA with California aggregator
Community choice aggregator CleanPowerSF has signed a 22-year PPA with sPower for a 100 MW project in Lancaster, California. The project is expected to be online in 2019.
Florida munis sign contracts with 223 MW of solar power
The Florida Municipal Power Agency has agreed to buy the output from 223.5 MW of projects located in Central Florida, which are scheduled to be online in 2020.
Corporate PPAs alive and well – Facebook & Fifth Third Bank sign on
Facebook’s new datacenter in Georgia will be 100% renewable and powered by hundreds of megawatts of solar power, while Fifth Third Bank has also gone 100% renewable with an 80 MW North Carolina solar farm.
