Annual investment in low-carbon energy transition exceeds $1 trillion
Defying supply chain disruptions, and macroeconomic crises, global investment in low-carbon energy transition jumped 31% in 2022, drawing level with fossil fuels.
Utility delays stalling out rooftop solar projects for six months or more
Colorado residents and solar installers have accused utility Xcel Energy for having “no urgency” in installing meters and approving interconnection.
Global energy industry is at an inflection point, said utility representative
Edison Electric Institute Chair Warner Baxter offers his perspective on the interconnected crises facing the energy industry during an unprecedented time.
Bipartisan group files to repeal solar tariff moratorium
The tariff reaches as high as 250% of the cost of solar components shipped from four Southeast Asian countries responsible for 80% of the supply of solar in the US.
US renewable PPA price hikes cool off as material costs fall
An Edison Energy report shows prices increased more moderately (4%) in Q4 2022, as compared to the steep price hikes experienced since 2021.
Retired coal sites to host multi-day iron-air batteries
Two renewable energy storing 10 MW / 1,000 MWh batteries will be installed by Form Energy on former Xcel Energy coal fired plants.
Puerto Rico could approach 40% renewables by 2025
Rapidly deploying 5.2 GW of planned solar and storage in Puerto Rico to reach 36% renewables, a possibility raised in a report by six national laboratories, would require an improvement in the Puerto Rico utility’s practices, which involve delays at several steps of the procurement process.
Microsoft to purchase 2.5 GW of Qcells solar
Qcells will provide US-made solar modules and perform engineering, procurement, and construction for Microsoft’s solar projects.
50 states of solar incentives: Illinois
The Illinois solar market was kick-started by the Adjustable Block Program, now called Illinois Shines, a capped program that offers significant solar renewable energy credits.
Solar property insurance product launched by kWh Analytics
The company offers protection against physical damage for solar and other renewable products in partnership with Aspen Insurance.
