The U.S. solar market grew by 41 percent from 2012-2013, with solar accounting for 29 percent of new electricity generation capacity in 2013. A report released by GTM Research and the Solar Energy Industries Association on March 4, 2014 shows that 2013 U.S. solar photovoltaic (PV) installations increased by 41 percent over 2012, reaching 4,751…
On February 26, 2014, Massachusetts approved 12 long-term power purchase agreements (PPA) for a total of 409 megawatts (MW) – enough to power 122,000 homes – from three projects located in Maine and New Hampshire. The contracts are between four Massachusetts utilities, Unititl, NSTAR Electric, National Grid, and Western Massachusetts Electric Company, and three renewables…
Alternative power producers continue to turn to the YieldCo model to find lower costs of capital and residual value. Investors benefit from low risk exposure to renewable energy development, high yield and more favorable tax rates, however, risks do exist. Since January 1, 2014, two new YieldCos have been announced, SunEdison and Hannon Armstrong Sustainable…
To date, the 2009 Advanced Research Projects Agency-Energy has invested $900M for innovative projects leveraging $625M in private funding. On February 25, 2014, the Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) announced that it has advanced 22 innovative projects over the past five years, leveraging approximately $625M private funding following its…
