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LA is next city to announce 100 percent renewable energy goals
As of 2018, the city of Los Angeles boasted close to 350 MW of installed local solar power, according to reports. Its solar capacity increased some 44 percent year over year. [...]
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Ball Corporation plans 100 percent renewable push; purchases 388 MW of wind and solar
This week global energy and infrastructure group, Eversheds Sutherland, announced that it helped Ball Corporation secure two virtual power purchase agreements (VPPAs) – one wind and one solar – for a total of 388 MW of new renewable energy. According to Ball, these agreements will allow the company to power 100 percent of its corporate, packaging and aerospace operations electricity load in North America with renewable energy by the end of 2021. [...]
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California college invests in 1-MW solar carport to offset 100 percent of its energy use
Yuba College, a community college part of the Yuba Community College District, this week completed a 1-MW solar carport installation that it says could result in $10 million of avoided utility costs over the life of the system. The District purchased the solar outright, which resulted in optimal savings. [...]
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Corporate funding for solar up 10 percent year-over-year in Q12019
Mercom Capital Group released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019 and found that total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018. [...]
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Understanding ‘safe harbor’ for extending your 30 percent solar ITC qualification
Just after the midnight hour of New Year’s Eve 2020, more than confetti will be abandoned on America’s sidewalks and parlors. Somewhere around $130 million dollars of Investment Tax Credit (ITC) from that year’s anticipated Commercial & Industrial solar projects will fall out from any hope of reaching the proverbial pocket books of the nation’s infrastructure investors (assuming 2000MW of C&I and Community solar, and a $2/w installation cost). On 1/1/20, the ITC drops to 26 per [...]
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Germany generated more than 50 percent of electricity from renewables in March
In a world first, Germany generated 54.5 percent of electricity from renewable energy in March 2019. This is according to data collected by the Fraunhofer Institute for Solar Energy Systems. [...]
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North Carolina’s solar power output grew 36 percent in 2018
Annual solar energy production in North Carolina jumped 36 percent in 2018, according to the latest government data – firmly placing North Carolina as the No. 2 solar-producing state in the nation. [...]
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ASU Researchers Break Solar-cell Efficiency Record at 25.4 Percent
Arizona State University researchers have set a new record for solar efficiency, 25.4 percent. Working with tandem photovoltaics, or stacking different materials in a solar cell, the ASU team has continued to improve solar efficiency and lower costs. [...]
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SEIA Applauds Washington DC and New York 100 Percent Clean Energy Commitments
This week the Solar Energy Industries Association (SEIA) welcomed the Washington, D.C. City Council’s passage of a landmark bill that will move the District to 100 percent renewable electricity by 2032, including specific requirements to grow solar energy. In addition, SEIA commended New York Governor Andrew Cuomo for pledging to move New York to 100 percent carbon-free electricity by 2040, which he announced in a speech on his early 2019 policy agenda. [...]
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Trump’s Solar Tariffs Blamed for 15 Percent Decline in Large-Scale Solar Installations in Q3 2018
On Thursday, Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA) reported results of their analysis of U.S. solar installations in the third quarter of 2018. While large-scale solar installations fell, the residential market continued to stabilize after falling in 2017, said the analysts. Overall, they said they expect 2018 growth to be flat. [...]
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Wind, Solar Provide 98 Percent of New US Generating Capacity in Jan/Feb
Wind and solar accounted for more than 98 percent of all new U.S. electrical generation placed into service in the first two months of this year. [...]
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Last Word: Bifacial Plus Tracking Boosts Solar Energy Yield by 27 Percent
While U.S. solar developers may be worried about the Section 201 tariffs another trend could help offset their impact: high-efficiency modules. [...]
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Trump Approves 30 Percent Tariff on Solar Panel Imports; Trade Industry ‘Disappointed’
President Donald Trump has agreed to a recommendation by the International Trade Commission to grant U.S. solar manufacturers relief from unfair trade practices in the form of tariffs on solar cells and modules imported to the U.S. [...]
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UK Breaks Solar Record; Generates 24 Percent of Power from Solar
On Friday, May 26, on what was expected to be one of the hottest days of the year, solar panels in the UK generated a record amount of power, enough to meet almost 25 percent of demand. This is according to data compiled by National Grid Plc and Sheffield University. At noon London-time, 8.75 GW of power was being generated by the solar PV, breaking a previous record of 8.49 GW, overtaking nuclear power in the country.   [...]
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US Solar Smashes Records with 95 Percent Growth
Each year solar analysts take stock of the industry's accomplishments with the annual Solar Market Insight Report (SMI) and each time the performance numbers impress. This year, however, is jaw-dropping. TerraSmart is passionate about all things solar, and we couldn't wait to share the latest insights with this SMI preview. [...]
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Renewable Energy in US Gained 24 Percent Through First Nine Months of 2016
The U.S. Energy Information Agency (EIA) on Nov. 29 released electric generation statistics through the end of September 2016. Generation from geothermal, solar, and wind energy increased by 24 percent compared with the first nine months of 2015. Non-hydro renewable energy, including biomass, has made up 8.5 percent of U.S. electric generation thus far in 2016. [...]
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