January 19, 2023 | San Diego's Top Solar Company

FERC data predicts solar to provide 66% of new U.S. generating capacity 2022-2025

Data provided by the U.S. Federal Energy Regulatory Commission (FERC) forecasts solar power to account for almost two-thirds (66%) of “high probability” additions to installed utility-scale generating capacity in the United States over the next three years. This prediction is based on a review recently released FERC data by the non-profit research firm SUN DAY …

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IRA to drive $114 billion in U.S. renewable energy investments by 2031, report says

Markets / By Staff

The advanced manufacturing production (AMPC) credit and domestic content requirement (DCR) are key to spurring a more rapid U.S. renewable energy economy, Wood Mackenzie notes. January 19, 2023 Investments in the U.S. renewable energy market are expected to hit $114 billion by 2031, a 78% increase from $64 billion in total investments at year end …

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Duke acquires 175 MW Colorado municipal utility solar project

Installation / By Staff

Under the agreement, Juwi will continue to develop, and provide O&M support to Duke for the municipal project January 19, 2023 Duke Energy Sustainable Solutions, acquired Pike Solar, a 175 MW development-stage utility solar power plant being built for municipal utility Colorado Springs Utilities (CSU). The non-regulated commercial arm of utility Duke Energy acquired the …

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Enphase inks Texas VPP deal with Octopus Energy

Industry / By Staff

A look inside the Enphase Encharge battery, with the multiple microinverters inside. Renewable energy retailer Octopus Energy U.S. announced a new partnership with Enphase Energy. Octopus Energy customers now have the opportunity to integrate Enphase home solar and battery solutions in their energy plan to unlock low-cost residential energy rates. As part of the agreement, Octopus …

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Duke Energy Sustainable Solutions to build 175 MW solar plant in Colorado

Projects / By Staff

Duke Energy Sustainable Solutions (DESS) has acquired Pike Solar, a new 175 MW solar power plant being constructed to serve customers of Colorado Springs Utilities. DESS is a nonregulated commercial brand of Duke Energy. DESS acquired the solar project from JUWI Inc., a global solar power developer. Pike Solar contains more than 414,000 solar panels …

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DSD Renewables installing solar at 25 California Home Depot locations

Industry / By Staff

DSD Renewables will work with The Home Depot to install 13 MW of rooftop solar across 25 store locations in California. The installations contribute to The Home Depot’s goal to produce or procure 100% renewable energy by 2030 equivalent to the electricity needs for all its facilities. Credit: DSD Renewables “Our teams have worked hand-in-hand …

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Lightsource bp closes $267 million deal with Wells Fargo for 481 MW solar portfolio

Projects / By Staff

Lightsource bp has successfully closed on a $267 million tax equity investment from financial services firm Wells Fargo & Co. The financing leverages the Production Tax Credit (PTC) structure made available for solar companies in the 2022 Inflation Reduction Act (IRA). The investment will support the construction and operation of a two-project portfolio in Louisiana …

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EIPGRID, Intertrust partner on secure VPP platform

Industry / By Staff

Intertrust and EIPGRID have announced a partnership that will deliver a highly secure, efficient digital energy platform, which provides trusted distributed energy resource management (DERM) and virtual power plant (VPP) capabilities to energy companies and end users around the world. These technologies will be useful to help alleviate the worst energy crisis in decades. Distributed …

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Southern Environmental Law Center calls for new TVA board to pause TVA’s gas plans

Markets / By Staff

TVA, a utility owned by the federal government that generates about 4% of its power from solar and wind, and about 48% from fossil-fired units, has proposed nearly 5 GW of gas units since mid-2021, according to a lawsuit filed by the Southern Environmental Law Center (SELC). An executive order from President Biden directs the federal government …

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Three groups appeal to CPUC to reconsider NEM 3.0

Policy / By Staff

The California Public Utilities Commission should redo its analysis because NEM 3.0 is based on flawed modeling, the groups said. January 19, 2023 The Center for Biological Diversity, Protect Our Communities Foundation and the Environmental Working Group appealed the California Public Utilities Commission’s (CPUC) decision to slash compensation to rooftop solar customers. The appeal is based …

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Day: January 19, 2023