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Day: August 3, 2023

Electriq provides solar + storage to help Calif. city reach 100% renewable power goal

Energy storage provider Electriq Power Holdings Inc. has signed of an agreement to provide solar + storage solutions in Goleta, California. Through a new program with the city, Electriq will deliver affordable, sustainable and resilient energy to residents through fully financed residential microgrids. Through the program’s city-vetted power purchase agreement (PPA), called the PoweredUp Network, all …

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WoodMac predicts 270 GW of new global PV capacity in 2023

From pv magazine global Wood Mackenzie forecasts that newly installed PV capacity will reach approximately 270 GW throughout the world this year. This projected growth, if confirmed by final figures, will indicate a substantial 33% increase from 2022. The research firm predicts a 1% year-on-year expansion in the global solar market for 2024, followed by …

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LevelTen Q2 PPA Price Index report shows signs of stabilizing in solar

LevelTen Energy’s recently released Q2 2023 PPA Price Index report shows that solar prices began to stabilize — and decrease — for the first time since Q1 2020. One exception is with ERCOT, which experienced some uncertainty after series of proposals in the Texas legislature. According to the report, North American P25 solar PPA offer …

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Renewable Properties closes $53.5M portfolio of community solar projects

Renewable Properties has closed its Fund 9 portfolio, which includes close to 22 MW of community solar and small-scale utility projects in California, Maine and North Carolina. The $53.5 million Fund 9 expands the developer’s relationships with tax equity investor SOLCAP and project lending partners 1st Source Bank and West Town Bank & Trust. Fund 9 includes five projects across the three states, …

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University of Pittsburgh powers engineering program with solar project

The University of Pittsburgh completed the installation of the first of several rooftop solar installations across multiple campuses. The 108-kW system is installed on the George B. Duke Engineering and Information Technologies Building on the Pitt-Bradford campus in Bradford, Pennsylvania. Now operational, it is expected to produce 116,500 kWh of electricity each year. Credit: University …

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The economics of solar grazing

A survey conducted by researchers at the University of Illinois, combined with prior research, details what solar grazers have purchased when building out their businesses and what they earn. Additional documentation highlights complex grazing business plans on large utility-scale solar facilities. August 3, 2023 Solar grazing, the practice of grazing livestock (typically sheep) on land …

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Sunrise brief: FERC reforms interconnection, speeding critical renewables delays 

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