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Month: August 2022

North Carolinians would save $18 billion through 2050 with high-renewables carbon plan

An independent carbon plan for North Carolina would add storage instead of gas through 2030, and add 21 GW more solar and 22 GW more battery storage by 2050 than Duke Energy’s plan proposes. August 8, 2022 Two teams used the same resource planning model to develop a carbon plan for North Carolina, to reach …

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US Senate passes Inflation Reduction Act of 2022: An industry reacts

The Inflation Reduction Act of 2022 passed in the Senate yesterday in 50-50 split with Vice President Kamala Harris casting the deciding vote. Senate Majority Leader Chuck Schumer, called the bill a “defining legislative feat of the 21st century” and “the boldest climate package in US history” on the Senate floor before the final vote. The …

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SEIA and environmental groups comment on proposed changes to Community Reinvestment Act

In May federal banking regulators proposed sweeping changes, which include shoring up the underserved against climate disasters, but SEIA and environmental groups asked them to go further in financing renewables to benefit LMI communities. August 8, 2022 The Community Reinvestment Act, which passed in 1977, was designed to stimulate investment in underserved communities. In May …

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Senate passes Inflation Reduction Act with long-term solar incentives

On August 7, the Senate passed the Inflation Reduction Act, which includes long-term solar and storage tax incentives, investments in domestic solar manufacturing and other critical provisions that will help decarbonize the electric grid with significant clean energy deployment. The Inflation Reduction Act is expected to cut greenhouse gas emissions about 40% below 2005 levels by …

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FTC Solar and AUI Partners target distributed generation PV projects in new collaboration

Solar tracking provider FTC Solar is collaborating with solar contracting company AUI Partners on a new offering for the distributed generation market. Credit: Amber Gallagher-Schranz/FTC Solar FTC Solar’s DG Solutions Business Unit and AUI Partners will provide solar tracking services for sites under 20 MW. The partnership will use FTC’s Voyager+ 2P solar tracker and …

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Sunrise brief: Energy storage software provider posts 246% revenue growth 

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Consumers will benefit from lower utility bills and cheaper home upgrades, energy experts say.

The Inflation Reduction Act that was passed by the Senate on Sunday could lower electricity bills for consumers and the prices of things like rooftop solar panels, energy-efficient appliances and electric vehicles, Democrats and some energy experts said. Under the legislation, a home improvement credit for energy efficiency would allow households to deduct from their …

Consumers will benefit from lower utility bills and cheaper home upgrades, energy experts say. Read More »

University of Rochester partners with Amp Energy on community solar

The University subscribed to six solar facilities and 1 billion kWh over the next 25 years. August 5, 2022 The University of Rochester announced it is investing in community solar across upstate New York through a partnership with developer Amp Energy. The university said it will use savings from the off-site solar contracts to fund …

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Energy storage software provider posts 246% revenue growth

Stem, provider of AI-backed energy storage software, posted record growth in Q2 2022. August 5, 2022 San Francisco-based Stem released its Q2 2022 financial results, posting 246% revenue growth. Stem is a provider of AI-backed energy storage software and services.  The company recently partnered with AlsoEnergy, a leading solar monitoring software provider, to fully integrate …

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Green car dealership powered by green energy

TC Chevy in Ashland, Oregon is installing pole-mounted solar on trackers manufactured locally by Stracker Solar. August 5, 2022 TC Chevy in southern Oregon sells state-of-the art electric vehicles and decided to power its dealership with state-of-the art green energy using elevated solar trackers. The company chose dual-axis solar trackers manufactured in Oregon by Stracker …

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