SOLAR POWER
Four large-scale renewable energy projects selected through RPS Main Tier solicitations will add approximately 164 MW to New York’s renewable energy capacity. On November 12, 2014, New York Governor Andrew M. Cuomo announced $206M in funding to four Upstate large-scale clean energy projects aimed to reduce emissions and improve energy infrastructure resiliency. Once operational, the…...
ISO New England’s 2014 Regional System Plan underscores that retirements indicate the need for new resources to address future demand despite energy efficiency measures projected to flatten demand over time. On November 6, 2014, ISO New England (ISO-NE) issued the 2014 Regional System Plan, its annual guide on New England’s long term power-system planning efforts. The…...
The White House has released federal agencies’ sustainability and climate plans outlining methods to incorporate energy and climate considerations into their decision-making. On October 31, 2014 – the fifth anniversary of the 2009 Executive Order on Environmental, Energy and Economic Performance – the White House released federal agencies’ sustainability and climate change adaptation plans, detailing…...
The DOE has announced new funding to support cost-effective integration of distributed, on-site solar power systems to the electric grid. On October 29, 2014, the Department of Energy (DOE) announced $15M in funding to facilitate cost-effective and reliable distributed solar photovoltaic (PV) and energy storage to overcome challenges of increasing solar deployment – such as variability of…...
The DOE’s Lap-Corps will enable national laboratory teams to access private sector opportunities to commercialize innovative clean energy technologies. On October 29, 2014, the Department of Energy (DOE) announced the launch of Lap-Corps, a $2.3M pilot program to accelerate commercialization of innovative clean energy technologies developed by DOE National Laboratories. Lap-Corps – modeled on the…...
The Army has partnered with NREL to install net-zero energy installations at nine pilot sites, potentially replacing eight percent of its current installation site energy supply with renewable energy. On October 27, 2014, the Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) announced a partnership with the U.S. Army to advance Net Zero Energy…...
NY Green Bank’s initial transactions will produce more than $800M in investments supporting clean energy projects that would annually avoid 575,000 tons of carbon emissions. On October 22, 2014, New York Governor Andrew M. Cuomo announced the NY Green Bank’s first seven transactions, which – supported and agreed to in principle – will produce more…...
The DOE has announced 40 R&D projects aimed to make solar energy more affordable by advancing system performance. On October 22, 2014, the Department of Energy (DOE) announced more than $53M for 40 research and development (R&D) projects aimed to reduce solar energy costs by addressing key technology development aspects that can expedite commercialization of…...
The majority of U.S. states utilize retail energy rate-based compensation of net energy metering (NEM) for residential solar customers. The distributed solar photovoltaic (PV) energy industry is growing rapidly and disrupting the traditional one-way power flow utility model. As residential solar PV installation levels increase, utilities are pushing for new rate structures to cover system…...
SolarCity’s first registered public offering of solar bonds provides an opportunity for individuals to access clean energy investments that were previously reserved for large institutions. On October 15, 2014, SolarCity launched the nation’s first registered public offering of solar bonds through an online investment site to make solar bonds directly available to consumers. SolarCity has…...
Massachusetts offered its first green bond sale in June 2013, and several additional states have offered green bonds over the last two years. Green bonds offer issuers access to capital to finance projects for water quality and infrastructure, energy efficiency, renewable energy, pollution cleanup, and other capital-intensive projects.. With the Green Bond Principles gaining marketplace…...
According to EIA, the share of imports in U.S. energy consumption for the first half of 2014 reached the lowest level in 29 years. On October 10, 2014, the Energy Information Administration (EIA) released a report showing that net U.S. energy imports as a share of consumption for the January-June 2014 period reached the lowest…...