SOLAR

Doing business better: Empowering women through solar energy
Incredibly, 1.1 billion people – 14% of the world’s population – still live without access to electricity. In rural, remote communities, many people simply have no light after sunset. That makes being productive at night—such as working and learning--extremely difficult. Limiting useful hours of the day by access to daylight holds back personal and economic development and wastes human potential. [...]
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20 MW of community solar available for purchase by Xcel customers in Minnesota
CleanChoice Energy on Thursday said it was opening an additional 20.51 MW of community solar capacity for residential customers of Xcel. The new capacity is being supplied by fifteen solar farms owned and operated by AltusPower America in various locations in Minnesota. CleanChoice Energy is the largest community solar provider in Minnesota with more than 85 megawatts of solar capacity. [...]
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How car insurers could help connect community solar with EV customers
The insurance industry has lots of exposure to climate change. But as Warren Buffet has explained, not so much for companies that do annual policy adjustments, like Berkshire Hathaway. Their exposure is limited because the trends are baked into the premiums. But there is an opportunity for reducing insurance risk due to climate change, and it comes from the insurance industry itself. The business model is to have car insurance salespeople provide leads to virtual electric car charging services. [...]
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Clearing up some confusion over community solar in New York
Community Solar in New York has a messaging problem. It is confusing, and even some industry professionals have given up in disgust because of aggressive marketing and a lack of clarity. [...]
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Toward 100% clean energy: two million solar strong and growing
Today, IREC proudly joins the collective voice of advocates and industry celebrating a milestone we have worked for 37 years to witness: two million solar installations now in the U.S. What better timing than in a year when children and governors, presidential candidates and corporate CEOs are all making headlines about the urgency of climate change action. [...]
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Six schools in Minnesota saving money, boosting education with solar
New Energy Equity, Region Five Development Commission (R5DC) and Rural Renewable Energy Alliance (RREAL) last week announced a partnership to develop six solar arrays, totaling 1.5 MW, for Pine River-Backus and Pequot Lakes school districts and Central Lakes College. [...]
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Shell to replace gas with solar for Oman port
SOHAR deep-sea port and free-zone has signed a 600-hectare lease agreement with Shell Development Oman (SDO) for land to set up industrial and commercial solar panels. The port is managed in a joint-venture between the Port of Rotterdam and the Sultanate of Oman. [...]
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Goldman Sachs sees solar panel prices stabilizing
Goldman Sachs Group Inc. sees an end to the gloom for solar manufacturers as demand in China stabilizes and free-falling panel prices bottom out. [...]
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Tennessee’s largest solar facility is now online
Last week, independent power producer Silicon Ranch Corporation said that the 53-MW solar array that it built in partnership with the City of Millington, the U.S. Navy, Memphis, Light, Gas and Water (MLGW) and the Tennessee Valley Authority (TVA) is now operational. It’s the largest solar power plant in the state. [...]
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Minigrid combines solar and digital to electrify Togo village
Solar energy is now providing the electricity for an entire village in Togo of 4000 people, powering streetlights, homes, schools and shops. [...]
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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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Machine learning, AI aiding Sempra utilities in solar energy management on the grid
This week Sempra Energy subsidiary PXiSE Energy Solutions announced that Sempra-owned development company Infraestructura Energetica Nova (IEnova) would be using its software at the 110-MW Pima Solar facility located in Mexico to help manage the integration of renewable power to the electric grid. [...]
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Tesla continues to lose marketshare in U.S. rooftop solar market
A year ago, Tesla Inc. lost its throne as king of the U.S. rooftop solar business to Sunrun Inc. Now, it may get relegated to third place. [...]
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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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Can the US government stop utilities from attempting to kill solar in Montana?
In the years since its passage, Section 210 of the Public Utility Regulatory Policies Act (PURPA) has provided one of the few options for small producers of renewable energy to access electric generation markets controlled by monopoly utilities. The law requires a monopoly utility to purchase the output of certain small power producers known as “qualifying facilities” (QFs) at the utility’s “avoided cost”—that is, the cost the utility would incur to generate or purchase power in the [...]
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Duke Energy to build North Carolina solar estimated at $404M
Duke Energy Corp. will develop six utility-scale solar power projects in North Carolina that may cost up to $404 million as part of the state’s bid to boost renewable energy. [...]
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Starbucks makes 'two-sided' investment in Texas solar farms
Starbucks Corp. is boosting its investments in clean power. [...]
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Three strategies for building solar and wind energy systems on potentially contaminated lands
Building solar and wind energy projects on potentially contaminated lands can be a golden opportunity, both effective and cost-effective, for developers. The 120-acre Reilly Tar & Chemical Corporation Superfund site was recently redeveloped with a utility-scale solar farm and is a prime example of the reuse potential inherent in thousands of Superfund sites, brownfields, retired power plants, and landfills. [...]
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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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AES refinances solar portfolio with help of insurance against underperformance
kWh Analytics, a leader in solar risk management, this week announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects, owned by AES, totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts. The portfolio is being funded by Silicon Valley Bank and a Japanese financial services company. Swiss Re Corporate Solutions, a leading global corporate insurer, is providing capacity for the Solar Revenue Put. [...]
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Get ‘renewable therapy’ during next week’s Solar Education Week
The Redford Center, a California-based non-profit co-founded in 2005 by Robert Redford and his son, James, announced that every morning, from April 15-22, 2019, the organization will post an episode a day of "Renewable Therapy for Climate Anxiety," a conversational mini-series featuring Filmmaker, James Redford, and Matthew Nordan, clean energy investor and managing partner at MNL Partners. In each two-minute installment, the pair explores questions that nag environmentalists when it comes to re [...]
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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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Climate change helping solar, hurting hydro in Europe, say scientists
Climate change is picking up pace in Europe, thrusting farmers and power generators onto the front lines of a battle with nature that threatens to upend the lives of the half billion people who occupy the world’s biggest trading bloc. [...]
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Investment group says solar energy could see “popularity boost” in UK due to Brexit
Solar energy companies could fill the void created by the lack of secure energy transfer between UK and EU, the group says. [...]
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