NV Energy, a Nevada investor-owned utility (IOU), signed a power purchase agreement (PPA) with First Solar for a record low price of $38.70/MWh on the planned 100 MW Playa Solar 2 project. The PPA has a built-in, yearly 3% price escalation over the 20-year term. This price is a significant drop f...
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News Commentary | May 13, 2021
The U.S. DOE invested $10 million in the SolSmart program and $5.5 million in the Solar Energy Innovation Network (SEIN) program. The former aims to reduce the overall cost of photovoltaic (PV) systems, particularly soft costs (e.g., permitting, financing, installation), which can account for as ... To read more, click here.
News Commentary | December 17, 2021
If the California Public Utilities Commission (PUC)'s proposed revision of net energy metering rules is adopted, residents with installed solar would have to pay a grid participation charge of $8 per kilowatt. This action would likely serve as a disincentive to adopt residential solar, obstructing ... Not part of subscription
News Commentary | March 03, 2022
The Brazilian electronic security solutions provider Intelbras will acquire the solar energy startup Renovigi Energia Solar for USD 63.5 million (BRL 334 million), pending legal formalities, making it Intelbras' largest acquisition to date. The boom in distributed energy systems in Brazil is making ... Not part of subscription