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DOE terminates $3.7 billion in awards from Office of Clean Energy Demonstrations

U.S. Sec. of Energy Chris Wright announced the termination of 24 awards issued by the Office of Clean Energy Demonstrations (OCED) totaling over $3.7 billion in taxpayer-funded financial assistance. After a thorough and individualized financial review of each award, DOE said it found these projects failed to advance the energy needs of the American people,… …

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Sunnova’s saga continues with cancelled $3 billion loan guarantee

The loan agreement from the Energy Department’s Loan Programs Office was to support Project Hestia, a model that Sunnova has since moved away from in favor of power purchase agreements. The Department of Energy (DOE) reportedly terminated a $3 billion loan guarantee awarded to Sunnova Energy, a residential energy-as-a-service provider. The partial loan guarantee agreement made by …

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Residential loan provider Mosaic issues pause on operations

Projects financed with Mosaic could see significant delays, said residential solar marketplace operator EnergySage. Major U.S. residential solar loan provider Mosaic issued a statement to its installer partners of operational delays amid market turbulence for the residential solar industry. The loan provider said there will be delays in all milestone processing for its loan products. …

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How agrivoltaics could solve Nevada’s groundwater crisis

Installing agrivoltaics on previously irrigated land could help minimize the losses from reducing groundwater use, according to a new study published in the Journal of the American Water Resources Association. As Nevada hurtles toward its goal of 100% renewable energy by 2025, rural communities around the state are confronting a parallel crisis: groundwater depletion.  But …

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Republican lawmakers retry bill to bring community solar to Ohio

Ohio state representatives reintroduced a bill to legalize community solar after the legislation’s previous versions were left to die in the Senate. Republican Reps. Sharon Ray and Jim Hoops reintroduced a community energy bill less than two weeks after the Senate gutted their previous attempt in an overhaul of the state’s energy policy, which was …

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$280 Million Program to Expand Battery Storage and Solar Access for Low-Income Households

SAN FRANCISCO – The California Public Utilities Commission (CPUC) is launching a new $280 million statewide initiative to help California’s low-income utility customers install battery storage and solar panel systems. When combined with a federal tax credit, the program’s financial incentives are designed to cover the full cost of installation. The CPUC’s Self-Generation Incentive Program …

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Why Pennsylvania’s efforts to legalize community solar might make a breakthrough

After nearly a decade of failed legislation, a coalition of community solar advocates are making headway in an effort to support community solar in Pennsylvania. Vote Solar’s Elowyn Corby spoke about what makes this year different and why they decided to feel comfortable when the bill was amended to include natural gas. For nearly a …

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“Time is of the essence” to safe harbor solar components to secure U.S. tax credits

Projects can maintain tax credit eligibility if 5% of total capital expenditure is incurred before legislative changes take effect, said solar tracker provider PV Hardware. The renewable energy industry currently faces a potential repeal of tax credits as part of the “Big, Beautiful Bill” which narrowly passed the House of Representatives and now heads to …

“Time is of the essence” to safe harbor solar components to secure U.S. tax credits Read More »

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