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Day: April 20, 2023

‘Very strong likelihood’ CRA legislation will pass House and Senate

Solar experts believe that an effort to undo the two-year moratorium on tariffs that President Joe Biden established in June 2022 is likely to pass both chambers of Congress. Invoking the Congressional Review Act (CRA), the U.S. House of Representatives Ways & Means Committee approved new legislation to repeal the moratorium by a vote of …

‘Very strong likelihood’ CRA legislation will pass House and Senate Read More »

Yellen Calls for ‘Constructive’ China Relationship

WASHINGTON — Treasury Secretary Janet L. Yellen on Thursday called for a “constructive” and “healthy” economic relationship between the United States and China, one in which the two nations could work together to confront global challenges in spite of their conflicting national security interests. Ms. Yellen’s comments, which she delivered at Johns Hopkins University’s School …

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Renewable Properties, Sonoma Clean Power sign PPAs for local solar and storage projects in California

Renewable Properties, a developer and investor in small-scale utility and community solar projects, and Sonoma Clean Power (SCP), a community choice aggregator (CCA), have signed power purchase agreements (PPAs) for two solar projects. One of the projects, located in Ukiah, California, will include energy storage. Both projects will contribute to SCP’s local resource plan for its EverGreen service, which …

Renewable Properties, Sonoma Clean Power sign PPAs for local solar and storage projects in California Read More »

Republican debt ceiling bill guts clean energy in Inflation Reduction Act

The “Limit, Save, Grow Act” proposes to raise the debt ceiling $1.5 trillion while slashing federal spending on clean energy and removing barriers to domestic oil and gas production. April 20, 2023 A bill proposed by Speaker of the House Kevin McCarthy (R-CA) proposes to raise the national debt ceiling by $1.5 trillion and promises …

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Sunnova secures $3 billion for virtual power plant loan program

A $3 billion Department of Energy conditional loan is expected to support Sunnova’s loan program for disadvantaged communities. April 20, 2023 Sunnova Energy International secured a $3 billion conditional loan from the U.S. Department of Energy Loan Programs Office to support a new solar loan channel called “Project Hestia.” Project Hestia is designed to increase …

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Denowatts receives accreditation for fourth gen digital twin benchmarking technology

DNV has completed an independent technical review of Denowatts‘ Deno Digital Twin Benchmarking (DTB) technology, and the product has been accredited under the ISO/IEC 17025 standard for capacity testing. The Deno DTB technology uses wireless and self-powered sensors to streamline performance measurement. The sensors measure irradiance and temperature and compute expected power benchmarks to deliver …

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National Urban League traces the past and present of environmental justice concerns

Environmental justice now means equal protection from environmental harm, equal employment in the renewable energy industry, and alleviating energy poverty, says an essay in the National Urban League’s report “2023 State of Black America.” April 20, 2023 “America is segregated, and so is pollution,” said Robert Bullard, a professor at Texas Southern University, in a special …

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DOE commits to awarding Sunnova $3 billion for new VPP loan program

Sunnova just received a huge loan commitment from the Dept. of Energy to start a solar loan channel for disadvantaged individuals and communities. Credit: Sunnova “Project Hestia” will provide disadvantaged communities with increased access to Sunnova services by indirectly and partially guaranteeing the cash flows associated with those consumer loans. To be eligible, each energy …

DOE commits to awarding Sunnova $3 billion for new VPP loan program Read More »

Sunergy to go public in $475 million valuation SPAC merger

The Florida-based installer of SunPower and Tesla Powerwall systems announced its intent to combine with ESGEN Acquisition Corp., a special purpose acquisition company backed by Energy Spectrum Partners, in a transaction that would result in the combined company becoming a Nasdaq-listed company later this year. April 20, 2023 Sunergy Renewables, a New Port Richey, Florida-based residential …

Sunergy to go public in $475 million valuation SPAC merger Read More »

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