Solar

Yesterday, Virginia Governor Ralph Northam signed Executive Order Forty-Three, which establishes ambitious statewide goals and targets for clean energy deployment and expands upon the Commonwealth’s commitments to reduce its environmental impact, mitigate the impacts of climate change, and boost the clean energy economy in Virginia. The Executive Order lays out Virginia’s objectives for statewide energy...
Project Development

DTE Energy announced this week that it is issuing Requests for Proposals (RFP) for additional solar and wind projects in Michigan. DTE will use these resources to help achieve compliance with Michigan’s Renewable Portfolio Standard, source its voluntary renewable energy programs and deliver on its commitment to reduce carbon emissions by at least 80% by 2040.  Through the RFP, the company...
Solar

Will Wade and Jennifer A. Dlouhy, Bloomberg President Donald Trump’s trade barriers are driving up prices for U.S. solar power and holding back development, according to Kevin Smith, Lightsource BP’s chief executive officer for the Americas. The San Francisco-based solar developer is paying as much as 60% more for solar panels it’s using in the...
C&I

As a reader of this website, you probably already know how important offtakers are to clean energy transactions. Never before have energy consumers come together to collectively and collaboratively drive the clean energy future as they are now in the Renewable Energy Buyers Alliance. And this is happening not a moment too soon for our...
Utility Scale

Developers: start your engines. This week, Arizona Public Service Co. (APS) issued two separate Requests for Proposals (RFPs) for solar and wind resources. These RFPs were first announced in late July and will help expand the company’s renewable energy portfolio to approximately 2,500 megawatts by 2021 – enough to power more than half a million...
Grid Scale

James Thornhill,  Bloomberg France’s Neoen SA has outlined plans to build a giant renewables complex in South Australia, including battery storage with up to nine times more capacity than the Tesla Inc. design at its nearby Hornsdale plant, which is billed as the world’s largest lithium-ion battery. The Goyder South project will include up to 1,200...
Onshore

Renewable energy, particularly solar, is poised for significant growth in the southeastern United States. The Southeast has also mostly retained a vertically integrated utility model, and most utilities in the region have not joined a Regional Transmission Organization or Independent System Operator (collectively known as, RTO). Recent developments have led stakeholders and policymakers in the Southeast to rethink whether it is beneficial for some utilities to join RTOs – something that is generally seen as a positive development for renewable energy.
Utility Scale

Italy’s National Energy Strategy aims to increase wind and solar power’s share of gross final energy consumption by 2030. The country boasts a track record of meeting past renewables targets, but can it be successful once more? Stefania Belisario, associate director, Infrastructure, S&P Global Ratings, assesses the factors either driving or impeding progress.