Solar developers beware: Congress could revoke a key tax credit provision
An otherwise pro-renewables bill in Congress would repeal a key policy that has underpinned large-scale solar development. Up to now, few solar developers have been aware of this wolf in sheep’s clothing.
Invenergy lines up finance for 200 MW Michigan project
The developer has three separate long-term power purchase agreements with utilities for the output.
Solar 101: Three tips about those solar tax credits
We are by no means tax pros, but here are three insights to help you see how federal tax credits may benefit your solar project.
Sunrise brief: First Solar joins global workers’ rights coalition
Also on the rise: Utah solar plant will supply a new Facebook data center, Talesun will supply bi-facial modules to a Pennsylvania solar project, and Deutsche Bank arranges financing for a 250 MW California solar project.
Here’s how to get solar power on roofs and in the ground
Tax credits are great, but many individuals and businesses don’t pay enough in taxes to make them work. Why not create a paradigm shift in how credits are distributed?
Sunrise brief: Soltage and Harrison Street partner to deploy 450 MW of distributed solar
Also on the rise: New York housing authority residents help install 1 MW of rooftop solar, Nevada regulators OK a $2.5b transmission line, PG&E equipment sparked a deadly 2020 wildfire, and a RGGI auction sets a new high for CO2 prices.
Sunrise brief: Community solar player Nexamp lines up $440m to fuel its growth
Also on the rise: Texas regulators rebuff a call to roll off $16b in storm-related charges, Enphase Energy supplies microinverters to a senior housing project, and Canadian Solar sells Japanese solar projects.
Sunrise brief: Money flows as multiple investments are announced
Also on the rise: Power Sustainable aims $790 million at North American renewables, Macquarie unit invests in energy storage provider esVolta, EDPR buys its way into downstream C&I projects, Pattern Energy funds its Japanese expansion, and KBR signs on to support a hydrogen venture.
An innovative offtake contract makes its solar sector debut
First used with wind projects, a pgPPA manages weather-related risk by settling a facility’s energy transfer based on a proxy generation index, rather than on actual metered generation. Operational risk shifts from buyer to seller.
Sunrise brief: Battery-electric locomotive enters service
Also on the rise: NPPD shops for 2 million MWh of renewables, JV will fuel ReneSola expansion, Canadian Solar sells a project stake, and natural gas rebounds after a lousy 2020.
