SOLAR POWER
ACO Investment Group, a U.S.-based private equity fund focused on emerging Asian markets, has signed an agreement to develop a 300 MW solar project in Burma. On August 28, 2014, the Office of the U.S. Trade Representative announced an agreement between ACO Investment Group and Burma Ministry of Electric Power to develop two 150 MW…...
Hawaiian Electric Companies have proposed comprehensive electric energy plans with a goal to achieve more than 65 percent renewable energy by 2030. On August 26, 2014, the Hawaiian Electric Companies – Hawaiian Electric, Maui Electric, and Hawaii Electric Light Company – proposed electric energy plans in response to the Hawaii Public Utilities Commission’s (PUC)…...
Through PowerUp Long Island, state agencies will work with Long Island energy companies to advance clean energy development and deployment. On August 22, 2014, New York Governor Andrew M. Cuomo announced the launch of PowerUp Long Island, a collaboration of state energy agencies and local utilities to boost clean and renewable energy development in Long…...
The NY-Sun Incentive Program, a conflation of New York’s multiple solar programs, aims to establish a self-sustaining solar industry by stimulating private sector participation. On August 21, 2014, New York Governor Andrew M. Cuomo announced the transition of New York’s solar programs to the single NY-Sun Incentive program to support solar industry growth through the…...
Vermont’s Green Mountain Power has begun work on an innovative solar project that combines energy storage and microgrid integration. On August 12, 2014, Green Mountain Power (GMP), a Vermont electricity utility, announced breaking ground on the $10M Stafford Hill Solar Farm project in Rutland, Vermont. According to the U.S. Department of Energy, it is the…...
IRS Notice 2014-46 provides additional eligibility clarification for renewable energy tax credits and lowers the Safe Harbor requirement from 5 percent to 3 percent. On August 8, 2014, the Treasury Department and the Internal Revenue Service (IRS) released guidance (Notice 2014-26) providing additional clarification regarding eligibility requirements for the renewable electricity production tax credit (PTC)…...
To avoid 2012 import solar PV tariffs, Chinese manufacturers outsourced production to nearby Taiwan. Recognizing this, SolarWorld has petitioned the Department of Commerce for new antidumping and countervailing duty tariffs. Domestic manufacturers support the tariffs in an effort to become more cost-competitive and increase single-digit market shares. Installers and project developers warn that installation costs…...
Information on solar projects under NYSERDA’s open enrollment solar incentive programs have been made available on the Open NY data portal. On July 31, 2014, the New York Energy Research and Development Authority (NYSERDA) announced the availability of information on approximately 10,000 solar project applications and installations from 2003-2014 under its open enrollment solar photovoltaic…...
The Clean Energy Resources Bill would require minimum annual clean energy contracts of 18.9 million megawatt-hours of electricity for 20-25 years. Massachusetts’ H.3968, An Act Relative to Clean Energy Resources, introduced by Rep. Mark J. Cusack (D-MA) and Sen. Barry R. Finegold (D-MA) on June 18, would require electricity distribution companies to solicit proposals for…...
During a Trade and Investment Mission to Mexico, California Governor Brown signed agreements with Mexico to enhance cooperation on environmental issues and encourage cross-border clean energy investments. On July 28, 2014, California Governor Edmund G. Brown, Mexico’s Ministry of Environment and Natural Resources Undersecretary Rodolfo Lacy, and Mexican National Forestry Commission Director General Jorge Rescala…...
The U.S. Commerce Department has announced preliminary antidumping tariffs ranging from 26-165 percent on certain solar PV products produced in China and Taiwan. On July 25, 2014, the Department of Commerce (DOC) released its preliminary findings in the antidumping duty investigations of imports of certain crystalline silicon photovoltaic (PV) products from China and Taiwan. DOC…...
Massachusetts’ HB 4185 would boost solar industry growth by removing net metering caps and by creating a declining block solar incentive program. On July 24, 2014, a group of 54 Massachusetts-based companies sent a letter to the Massachusetts House of Representatives in support of HB 4185 – An Act Relative to Net Metering and Solar Power. The letter emphasized…...