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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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SunPower now offers Tesla Powerwall 3 to residential solar customers

SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations. May 23, 2024 SunPower announced it will now be offering Tesla Powerwall 3 as part of its portfolio of residential solar and storage products. “Homeowners are increasingly turning to battery storage to …

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Market impacts from the recent flurry of solar policy actions

The United States federal government recently made a rapid series of international trade policy changes and updates to incentives for clean energy projects. The following is a roundup of these changes, along with insights on market impact. AD/CVD initiated On May 15, the Department of Commerce initiated its investigation for alleged antidumping and countervailing duty …

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Sunrise brief: The role of states in promoting virtual power plants

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Minnesota legislature passes energy infrastructure permitting reforms

The legislation removes key roadblocks to the development of solar, wind and battery energy storage. May 21, 2024 The Minnesota Legislature has passed the Energy Infrastructure Permitting Act, a law that streamlines clean energy permitting processes, removes redundancies, and provides funds for optimizing rooftop solar permits. Find the full text of the bill here. The …

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NYPA prequalifies 79 developers and investors for renewable projects

Th developers and investors were selected based on a Request for Information (RFI) issued in March that sought to assess potential interest and opportunities for solar, wind, battery storage, green hydrogen, geothermal, and related transmission projects. May 21, 2024 The New York Power Authority (NYPA) has pre-qualified 79 private developers and investors to collaborate on the development …

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What are states doing to make virtual power plants a reality?

With policymakers, utilities, and private enterprise working collaboratively to find solutions that work for a given state’s unique circumstances, we will surely see continued growth of virtual power plants. May 21, 2024 Virtual power plants (VPPs) are attracting a lot of attention at the moment. Our upcoming 50 States of Grid Modernization Q1 2024 report …

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