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Month: May 2024

Verogy completes nearly 6-MW community solar project in Connecticut

Verogy announced it has completed Connecticut’s largest solar project developed under the state’s Shared Clean Energy Facility (SCEF) program. In addition to being the largest SCEF project completed to date at 5.96 MWDC, Enfield Solar One is also the first SCEF project completed in Eversource’s service area. The SCEF program, governed by the Connecticut Department …

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Battery energy storage tariffs tripled; domestic content rules updated

Breaking down U.S. market impacts on energy storage from recent policy changes with insights from Clean Energy Associates. May 28, 2024 The United States federal government recently made a rapid series of international trade policy changes and updates to incentives for clean energy projects and manufactured components. Clean Energy Associates (CEA), a clean energy advisory …

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Guaranteed and transferable tax benefits will make the PV industry too big to fail

Trina Solar executive says policies in the Inflation Reduction Act will make or break the future of solar in the U.S. May 28, 2024 Robert Gibbons, Strategic Development Manager at Trina Solar US, entered the world of photovoltaics about three years ago, coming from the oil and gas industry. Fossil fuel projects were becoming less …

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J.P. Morgan commits $680 million tax equity financing for solar and storage

Renewable energy developer Ørsted announced it has secured a $680 million tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio includes Eleven Mile Solar Center, a 300 MW solar and 300 MW /1200 MWh storage project in Pinal County, Arizona and Sparta Solar, a 250 MW solar project …

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“Green zealots” scare Florida administration from 100% renewable goal

In a significant policy reversal, Florida has scrapped its renewable energy targets for 2050, imposed a complete ban on offshore wind projects, and eased regulations for gas pipeline expansions. May 24, 2024 Florida Governor Desantis has signed new legislation which removes the state’s goals of developing plans to reach 100% renewable electricity by 2050. Their …

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What tax credit transfer buyers need to know about IRA compliance

Excitement about the IRA continues to surge, with developers and tax credit investors poised to leverage unprecedented growth opportunities while accelerating the country’s clean energy transition. The IRA has attracted $110 billion in private investment and has created close to 100,000 jobs across the U.S. The key to ensuring expected financial returns from the IRA …

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Intersolar & Energy Storage North America opens registration for new Texas conference

Intersolar & Energy Storage North America (IESNA) announced registration is now open for its new regional event slated for November 19 to 20, 2024, at the Austin Marriott Downtown in Austin, Texas. Focused on supporting the product, information and connection needs of solar + storage professionals doing or seeking business within the state, the inaugural …

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