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Lazard LCOE report sees “zero cost” solar and wind due to IRA

The analyst group’s annual levelized cost of energy comparison shows increasing prices due in part to increased interest rates – with utility-scale solar power’s midpoint pricing up by 66%. April 14, 2023 Lazard has released its Levelized Cost of Energy (LCOE), Storage, & Hydrogen indexes. For the first time in its history, the document has …

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Sunrise brief: California utilities commission rejects solar microgrid proposal

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California utilities commission rejects solar microgrid proposal

Last September, a new proposal came across the desk of the California Public Utilities Commission (CPUC) as Energy-as-a-service provider Sunnova Energy announced it applied to install a “micro utility” on a new homes community. The company seeks to develop largely self-sustaining micro utilities by equipping new home communities with solar and storage. Under the plan, …

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California senate transport committee passes solar parking canopy and highwayside law

The bipartisan committee unanimously approved a bill to support tax credits for solar canopies over parking lots and along highways. April 12, 2023 Senate Bill 49, introduced by Senator Josh Becker (D-San Mateo), aims to support the buildout of solar above parking lots and along highways throughout California. It was unanimously passed by the California Senate …

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Invoke eminent domain, Marshall Plan for renewable energy, said JP Morgan CEO

Jamie Dimon placed the energy transition in the crosshairs in a letter to shareholders. April 7, 2023 In a letter to shareholders, JP Morgan chief executive officer Jamie Dimon recognized that the window for action to avert the costliest effects of global climate change is closing. He voiced support for nonpartisan permit reform for renewables …

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RFI alert: DOE seeks input on building the solar manufacturing workforce

The Solar Energy Technologies Office is interested in hearing from manufacturers, suppliers, education and training providers, community-based organizations, and workers’ rights organizations. April 7, 2023 The U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) released a request for information (RFI) to better understand what is needed to build out the U.S. solar manufacturing …

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USDA’s $9.7 billion for rural co-ops could leverage 20 GW of clean energy

The nonprofit RMI says that $9.7 billion for rural electric cooperatives under the Inflation Reduction Act could leverage 20 GW of solar, wind and storage capacity. The U.S. Department of Agriculture hopes to begin obligating funds by September. April 6, 2023 The U.S. Department of Agriculture’s Rural Utilities Service said it will issue by mid-year …

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Co-location, transferability and prevailing wages

At the SEIA Finance, Tax and Buyers Seminar, Deloitte Tax discussed five potential pitfalls when interpreting and applying the IRA in these early days of its implementation. April 5, 2023 At the Solar Energy Industries Association (SEIA) Finance, Tax, & Buyers Seminar, Deloitte Tax discussed five potential pitfalls when interpreting and applying the Inflation Reduction …

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