North America
Duke Drops Largest Solar Project in North Carolina Procurement — Its Own
The cancellation of an 80-megawatt project with no financial penalty raises questions about a monopoly utility competing against private developers.
Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North Carolina, Duke Energy, Randy Wheeless, Chris Carmody, Accion Group, Cypress Creek Renewables, utilities, North America
Ormat starts operation at unique hybrid geothermal-solar power plant in Nevada
Supported by an innovative portfolio contract with its power purchasers, Ormat Technologies has now started commercial operations of its innovative hybrid solar-geothermal power plant at Tungsten Mountain, Nevada.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar, USA, Nevada, Geothermal, hybrid, Ormat Technologies, power plant, Tungsten Mountain, North America
Third-party solar markets will win from US-China trade war — Fitch
The global power and renewable energy market is expected to remain largely unaffected by the Trump administration’s new wave of tariffs on Chinese goods. Although shipments of Chinese modules into the U.S. market are falling, Chinese manufacturers sent more panels to overseas markets in the first half of this year than they did in the same period of 2018. Analysts from Fitch, meanwhile, claim the U.S. solar market will continue to expand, despite higher project costs.
Aug 5, 2019 // Large-Scale, Tariffs, Policy, Solar, USA, China, Fitch, PV panels, Trump, solar market, Asia, North America
Ultra-low solar bid of $0.01997/kWh in the US – not quite so sunny
PV technology has made significant progress in a short amount of time, leaving solar enthusiasts chuffed. Opponents, on the other hand, brand it as unworkable boondoggle, surviving on the crutches of subsidies and only salving the conscience of the green-minded companies cosseted by political forces. The naysayers do have partial truth in their argument - governments the world over have been supporting the growth of this child with the moniker “solar” with public finances. So, this is the partial truth and the enthusiasts have just enough firepower to say that all energy is, after all, subsidised one way or another – in terms of uncompensated costs of air pollution, congestion and global warming and the consequential irreversible damage these fossil fuels have done to the planet. Perhaps more important and statistically relevant is a report published by the IMF in 2015, which had pegged subsidies to fossil fuels at US$5.3 trillion.
Aug 5, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Solar, USA, bifacial, monocrystalline, ssfusa, North America
US sanctions to redirect Chinese PV supply towards Europe, Asia
Ongoing US-China trade tensions will not ruin solar fortunes on either side as players adapt by redrawing the lines of global supply flows, Fitch Solutions has predicted.
Aug 5, 2019 // Manufacturing News, Markets & Finance News, Policy, Solar, USA, India, China, Fitch, solar pv, trade sanctions, Asia, North America
Soventix in talks to deploy 100MW solar in Nicaragua
Soventix has been singled out by the Nicaraguan government as the potential developer of a major solar project, the latest in a series of PV moves by the Central American state.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, Solar, UTILITY-SCALE SOLAR, Soventix, Nicaragua, Salvador Mansell Castrillo, PV plants, North America
German investor scoops up 6.5MW of distributed solar in El Salvador
A German player has become the owner of a distributed solar pipeline in El Salvador, laying the groundwork for construction to launch later this year.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, El Salvador, MPC Capital, Hamburg, PV plant, Geo Ingeniería, Europe, North America, Costa Rica
Power Energy Corporation buys Nautilus Solar Energy
Power Energy Corporation, a subsidiary of Power Corporation of Canada, has bought developer and asset manager Nautilus Solar Energy from management shareholders and minority shareholder Virgo Investment Group for an undisclosed sum.
Aug 2, 2019 // Markets & Finance News, USA, Canada, nautilus, Power Energy Corporation, Power Corporation of Canada, North America
Enphase Energy microinverter shipments in Q2 surpass 1.2 million
Leading microinverter supplier, Enphase Energy shipped over 1.2 million units in the second quarter of 2019, with its latest IQ 7 model accounting for around 98% of shipment total.
Aug 2, 2019 // Manufacturing News, Markets & Finance News, Inverters, USA, SunPower, Australia, Enphase Energy, microinverters, rooftop, Inverters, Oceania, North America
Capital Dynamics grows Nevada portfolio with solar-plus-storage foray
Global asset management firm Capital Dynamics has purchased an 180MWac / 231MWdc solar project that includes a 90MWac / 360MWh energy storage facility in Boulder City, Nevada for an undisclosed sum.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar, Capital Dynamics, USA, Nevada, Skylar Townsite LLC, Gigawatt 1, Rob Roy, Adam Kramer, North America
Amazon unveils seventh solar farm for Virginia
Amazon revealed plans for a 45MW / 100,000MWh solar farm in Virginia and a 23.2MW / 68,000MWh wind farm in Cork, Ireland on Thursday.
Aug 2, 2019 // Plants, Large-Scale, Commercial, Solar, USA, Virginia, Amazon, Ireland, Cork, plants, Europe, North America
Microsoft is on a solar shopping spree
The tech giant has signed a power contract for the output of First Solar’s 150 MWac Sun Streams 2 solar plant, bringing its procurement of solar to almost 500 MW – but none of its PV projects have been completed yet.
Aug 1, 2019 // Plants, Markets & Finance News, Solar, USA, Microsoft, Sun Streams2, Virginia, Apple, North America
Safari Energy Offers New Solar Financial Solution
New York City-based solar partner Safari Energy has launched a new solar financial solution.
Aug 1, 2019 // Markets & Finance News, Solar, USA, New York, Solar, John Nordeman, Safari Energy, Matt Rudey, PPL Corp., North America
Groups Push For Stronger Clean Energy Rules In Arizona As APS Seeks More Solar, Wind
As clean energy stakeholders urge Arizona regulators to adopt stronger renewable energy standards, Arizona Public Service Co. (APS) has announced plans to add new solar and wind resources, helping expand the company’s renewable energy portfolio to about 2.5 GW by 2021, which would be enough to power more than half a million Arizona homes.
Aug 1, 2019 // Manufacturing News, Plants, Large-Scale, Solar, USA, Arizona, APS, ACC, Art Terrazas, Carol Davis, Bret Fanshaw, North America
ENGIE Storage to deploy solar-plus-storage portfolio in Massachusetts
ENGIE Storage will supply and operate a 19 MW / 38 MWh portfolio of six energy storage sites that will contribute to the Solar Massachusetts Renewable Target Program and be active in ISO-New England wholesale markets.
Jul 31, 2019 // Storage, Solar, USA, storage, Massachusetts, Engie, gridsynergy, solar plus storage, North America
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