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City mayors around the globe pledge to ramp up renewables transition
Eric Garcetti, Mayor of Los Angeles, USA, has launched the C40 Renewable Energy Declaration to help cities around the world accelerate the transition to clean energy resources in an equitable manner. Some 15 mayors have signed the declaration to increase the pace at which their cities are deploying renewable energy resources to create healthier communities, improve air quality, create green jobs and protect their most vulnerable residents from the impacts of climate change. The declaration [...]
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US, China commit to phase down climate-warming HFCs from refrigerators and air conditioners – but what will replace them this time?
Scott Denning, Colorado State University The U.S. Environmental Protection Agency has finalized a rule to start eliminating a class of climate-warming chemicals that are widely used as coolants in refrigerators, air conditioners and heat pumps. If that plan feels like déjà vu, it should. These chemicals, called hydrofluorocarbons, or HFCs, were commercialized in the 1990s as a replacement for earlier refrigerants that were based on chlorofluorocarbons, or CFCs. CFCs were destroying th [...]
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Biden’s solar plan presents big opportunity for asset management firms
Follow @EngelsAngle</scrip The Biden administration's Solar Futures Study calls for 45% of the U.S. electricity supply to come from solar by 2050. That means bigger (and more efficient) solar farms -- a massive opportunity for companies that inspect and optimize utility-scale arrays. Mark Culpepper, general manager of solar solutions for DroneBase, a renewable energy asset ariel imaging firm, foresees significant growth in demand for monitoring at scale to follow federal ambitions. D [...]
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How to ‘build back better’ energy markets for higher penetration of renewables
With next week’s FERC meeting on SEEM proposal, the question is back on the table: will FERC approve a group of southeast utilities’ proposal for organizing a market? This fall is the first legislative session across the US and other states where the discussion is around clean energy and what incentives are needed for utilities to deploy more renewables. With the Biden administration’s “Build Back Better” model around infrastructure, will US Congress see a need to m [...]
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In North Carolina, falling costs of clean energy make strange bedfellows
By Elizabeth Ouzts, Energy News Network Manufacturers, mills, and environmental interests oppose Duke-backed legislation because it hampers the role of regulators and costs ratepayers. It’s not often that paper mills and chemical manufacturers agree with the likes of the Sierra Club. But the debate over controversial energy legislation in North Carolina shows how companies like DuPont, Chemours, and Georgia Pacific are increasingly aligned with environmental groups on utility policy. [...]
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Ørsted lands 100MW power purchase agreement for future German offshore wind farm
Follow @EngelsAngle</scrip Ørsted has reached a 10-year, 100-megawatt power purchase agreement with European retail giant REWE Group for renewable energy from a future German offshore wind farm. The agreement will produce enough green power to equal the power consumption of 1,500 REWE stores, the companies said. The Borkum Riffgrund 3 offshore wind farm in the North Sea is expected to become operational in 2025 with an export capacity of 900 MW. "The world urgently needs to shift to [...]
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Connecticut losing ground on building emissions despite efficiency programs
By Lisa Prevost, Energy News Network Climate activists say the state’s progress on reducing building emissions has been far too slow given the pace of the climate crisis, and that it needs to end incentives for energy-efficient natural gas heating. Greenhouse gas emissions from heating and cooling buildings continue to rise in Connecticut despite the state’s efforts to improve energy efficiency. An annual greenhouse gas inventory released last week for 2018 — the latest avail [...]
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Solar project helps to reclaim site of notorious Boston-area toxic waste case
By Sarah Shemkus, Energy News Network A cluster of cancer cases in Woburn, Massachusetts, in the 1980s prompted a major pollution lawsuit that eventually inspired a book and subsequent movie. Now, a community solar project is bringing “new, positive life” to the site. A community solar installation generating power for low-income residents and homeless shelters has come online at a suburban Boston property previously best known for its role in a notorious toxic waste case in the 1980s. [...]
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The policies that could send the global rooftop solar market to 2,000 GW
Follow @EngelsAngle</scrip The global rooftop solar market has the potential to exceed 2,000 GW of generation and 1,000 GWh of energy storage by 2050 through careful policy design, according to a new report. The report by BloombergNEF and Schneider Electric, Realizing the Potential of Customer-Sited Solar, found the global rooftop solar+storage market to be largely untapped. Declining installation costs represent a massive opportunity, but policy and tariff design must enable the expans [...]
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Big wins for renewable energy in the ‘Build Back Better’ bill
Follow @EngelsAngle</scrip Over the weekend, Democrats in the U.S. House released the first specifics of the Build Back Better plan within the $3.5 trillion budget reconciliation bill. The overall package is seen as the most significant legislative effort ever proposed to address climate change. Reconciliation requires only a simple majority of the House and Senate to pass. So, what's in the Build Back Better bill for renewable energy? Here's a breakdown of the highlights. Clean Elec [...]
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Biden’s solar goals threatened by supply chain, trade issues
Follow @EngelsAngle</scrip Despite annual record-breaking installations, supply chain constraints and trade issues are driving price increases across every solar market segment, according to new analysis. A report released Tuesday by the Solar Energy Industries Association (SEIA) and Wood Mackenzie found that solar prices increased quarter-over-quarter and year-over-year for the first time since Wood Mackenzie began modeling solar market prices in 2014. “This is a critical moment f [...]
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The true cost of climate change inaction
Contributed by Erik Lensch, CEO of Leyline Renewable Capital You’ve likely seen the news: The Intergovernmental Panel on Climate Change (IPCC) recently released a report emphasizing humans’ extensive impact on global climate. The report outlined the devastating consequences of our actions and warned that we must make a rapid and unprecedented societal change to combat the perils of a world warmed by 1.5 and 2 degrees Celsius. We have long dragged our feet on making these transitions, part [...]
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Are bifacial solar PV modules worth the extra cost?
Contributed by Rogér Baylon, Clean Energy Associates Despite last year’s reinstatement of US tariffs on bifacial modules, solar developers are often considering bifacial modules for their utility-scale solar projects. But the promise of bifacials’ higher energy yield of 6% to 10% – or more – compared to traditional monofacial PERC technology comes at a higher dollar-per-watt module cost, as well as increased expenses for balance of system (BOS) and installation. To truly u [...]
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Study: Clean energy developers are unfairly burdened with transmission upgrade costs
As the Federal Energy Regulatory Commission (FERC) begins to study transmission reform, a new report out today from ICF Resources and the American Council on Renewable Energy (ACORE) highlights the problem with transmission cost allocation today. The study essentially found that while the entire power system typically benefits from significant transmission upgrades, new wind and solar projects are being asked to foot nearly the entire bill when they want to connect to the grid. The analysis, [...]
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Analysis: U.S. solar project pipeline totals 17.4 GW
Follow @EngelsAngle Global supply chain pressures led to a year-over-year decline in new solar power capacity additions in the second quarter of 2021 in the U.S., according to an analysis by S&P Global Market Intelligence. But, researchers wrote, demand is strong with 17.4 gigawatts of capacity under construction. The U.S. added 1,968 MW of utility-scale solar power capacity in the second quarter of 2021, 31% less than the amount installed in the first quarter. “Typically, the [...]
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California passes ‘much needed’ fix for solar project financing
Follow @EngelsAngle California lawmakers on Thursday passed a bill to extend a property tax exemption to solar projects that change ownership through the “partnership flip” financing structure. SB 267 aligns California’s property tax system to support the mission of federal renewable energy tax credits, currently 26% for projects that begin construction in 2021 or 2022, according to the bill’s analysis. Read more: Curtailments of solar electricity generation [...]
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Massachusetts startup crowdfunding short-term energy storage technology
By Jonathan Spencer Jones, Smart Energy International Helix Power Corporation is seeking seed capital from investors to advance its patented flywheel short-term energy storage technology. The Massachusetts-based start-up is aiming for a minimum of $500,000 and up to $1.07 million to build out and commercialize its technology. The minimum investment requirement is $1,000 and key terms are an interest rate of 5% over 24 months and a valuation cap of $10 million. Investors who inve [...]
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Electrification ‘not enough’ to meet Paris climate goals, consultant says
Follow @EngelsAngle The global push to produce all electricity from clean sources won’t be enough to meet the net-zero target of the Paris climate agreement, according to a new report from energy consultant DNV. DNV’s fifth annual Energy Transition Outlook comes two months before COP26, the climate summit of world leaders, in Glasgow. At COP21, world leaders agreed to reach net-zero emissions by 2050 in pursuit of capping global warming to 1.5°C above pre-industrial levels. [...]
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New York activates first opt-out community solar program in the U.S.
Follow @EngelsAngle The first community solar program in the U.S. to automatically enroll residents is now active in Western New York. The community choice solar program has been made available to more than 3,800 households and small businesses in Brockport and Lima as part of Joule Community Power’s Finger Lakes Community Choice program. All eligible residents are automatically enrolled without having to take additional steps. The municipalities have partnered with six community [...]
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Solar + storage provider unveils new financing structure for C&I, community solar projects
Follow @EngelsAngle Solar PV module manufacturer and energy storage provider Q Cells has unveiled a new financing structure to boost value in C&I and community solar projects. The company announced an investment into a solar + storage portfolio developed by Amped Solutions through its new ‘Grid Equity’ financing structure. Under the framework, Q Cells will provide capital investment in exchange for the rights to future grid services revenue expected to be generated by t [...]
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GM’s EV company will purchase renewable energy credits from solar farms
Follow @EngelsAngle GM’s self-driving electric vehicle company, Cruise, will purchase renewable energy credits from two California solar farms, the company announced this week. The ‘Farm to Fleet’ initiative allows Cruise — which owns and operates its own EV charging infrastructure — to directly purchase renewable energy credits to power its fleet in San Francisco. In 2019, the company pledged to power its fleet with 100% renewable energy. “Farm to Fl [...]
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Register: REW+ virtual event explores future of community solar and solar+storage
Stay informed about the latest renewable energy trends & technologies RENEWABLE+ Series is our new semi-annual virtual conference series focused on renewable energy. Hear directly from industry leaders at top companies like: Community Solar Projects and Programs: Today and TomorrowWednesday, October 6, 2021 | 10:45 AM CDT This session will bring together a project owner and a utility to discuss how community solar projects come together today and explore bes [...]
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Why renewable energy developers must pay attention to RTO stakeholder committees
We are six months away from PJM and ISO-NE filing their compliance plans for FERC Order 2222. CAISO and NYISO already filed their plans because they didn’t seek an extension. MISO and SPP compliance plans are due in April 2022. If renewable developers want to engage in RTO committees on Order 2222, now would be the right time to participate. At least 3 issues are ripe for RE developer participation because they hit on the revenue streams offered in Order 2222. Net metered solar eligibilit [...]
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Connecticut regulators plan major growth in battery storage, EV charging
by Lisa Prevost, Energy News Network Connecticut regulators have finalized new rules paving the way for a major expansion of battery storage and electric vehicle charging, part of a broader effort to modernize the state’s electric grid.  Since the wide-ranging “grid mod” proceedings began in fall 2019, all but one of the 11 subject-area tracks in the docket have either concluded or made significant progress, according to Marissa P. Gillett. Gillett set the process in motion when [...]
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