Tesla dives deeper into energy storage, as solar slumps
Elon Musk’s company is seeing tremendous success with its EVs and global manufacturing, as well as dramatically scaling its energy storage deployment. However the Solar Roof is still not being widely deployed.
US presidential hopeful Kamala Harris supports Green New Deal
The California senator has joined former New York mayor Michael Bloomberg among the latest high-profile backers of a climate-jobs-infrastructure-social safety net concept, of which 100% renewable energy may be the least ambitious component.
New York governor’s Green New Deal starts with 1 GW of large-scale solar
The state has also awarded 614 MW of wind, and three of the 20 renewable energy projects commissioned are paired with energy storage. NextEra, Invenergy and EDF are each set to build solar projects larger than 100 MW.
American utility PG&E set to file for chapter 11 bankruptcy
The Pacific Gas and Electric Company, founded 114 years ago, is filing for bankruptcy and may be broken up by regulators. None of which is good news for solar project owners holding contracts with the utility.
US will see more than 8 GW of solar come online this year
With 4.3 GW of utility-scale solar and 3.9 of distributed generation predicted, the figures collated from federal sources don’t take account of the huge capacity of solar projects waiting in the interconnection queues of seven grid operators.
Solar money is all flowing downstream – in the West at least
Mercom Capital’s latest report on financial activity in the solar sector illustrates an increasing flow of capital towards downstream companies and PV projects – as well as a split between China and the rest of the world.
PV Evolution Labs to go it alone again outside DNV GL
The PV panel testing company has left the fold four years after being acquired by DNV GL. Insiders have stressed the move should not be problematic as PVEL was allowed a degree of independence after it was acquired.
US on cusp of unprecedented solar boom
U.S. developers have applied to build 139 GWac of large-scale solar projects in the territory of six grid operators – around five times what is currently online across the country – and that figure doesn’t even cover the entire United States. By any metric, we are looking at an unprecedented boom in solar development over the next five years.
US solar stocks dragged down as market falls
The biggest crash in the U.S. stock market in the last 10 years has hit solar stocks, but for the solar coaster this is nothing new.
United States: 2.8 GW of corporate solar deals in 2018
According to a new report from Rocky Mountain Institute, corporations have signed contracts for 2.8 GW of solar in the United States this year, a gigawatt more than the deals signed in all previous years combined.
