As many as 3,000 Iowa solar customers are on a tax credit waitlist
A new bill in Iowa seeks to credit these waitlisted customers, but does not extend the tax credit that has spurred $5 million a year in private investment in the state.
Duke Energy 250MW solar project finds offtaker in major US retailer
Midwest US retailer and grocer Meijer, along with two other corporate offtakers, will purchase a portion of the 250MW Pisgah Ridge solar project’s generation in pursuit of 50% renewable operations by 2025.
Rackless, earth-mounted solar provider earns funding
Erthos secured a $17.5 million Series B from an investor who participated in the startup of Tesla and SpaceX. The utility-scale solar company has a 2.5GW project pipeline.
Sunrise brief: US targets 5 million community solar households, $1 billion in energy bill savings by 2025
Also on the rise: Products of interest at RE+ Northeast Solar & Storage. BayWa r.e. completes sale of solar plus storage project to Eni New Energy US. Alabama gets another 130MW of solar. CellCube secures long-term supply of vanadium redox flow battery electrolyte. Recent acquisitions bring Standard Solar’s owned assets above 20MW in Massachusetts and above 50MW in Maine.
Polysilicon price reaches $39.3/kg — the highest since 2011
The price of polysilicon last week reached its highest level since 2011 and, according to Chinese module manufacturer JinkoSolar, there are no visible signs that it could drop this year, as predicted by several analysts.
IBM, ABB, and Worley team up to help energy companies build and operate green hydrogen facilities
The collaboration aims to offer a digitally enabled solution for facility owners to build green hydrogen assets more quickly, cheaply, and safely.
NREL continues to explore marine wave energy
While there are mechanical and cost issues that currently block widespread adoption of wave energy, the National Renewable Energy Laboratory is exploring new ways to harness the power of the ocean’s waves.
CleanCapital acquires 65MW solar portfolio spanning 12 states
The acquisition improves CleanCapital’s position in the rapidly-consolidating market share of the top commercial solar asset owners.
Solar power pricing is up, and so is demand
Bloomberg finds that corporations procured a record 31GW of renewable energy in 2021, while LevelTen Energy revealed that the growth occurred despite more than a year of price increases.
California lifts renewable energy target to 73% by 2032
The California Public Utilities Commission raised renewable energy procurement targets, plans for a more aggressive decarbonization plan, and includes increased reliability provisions.
