Tag Archive for: solar

California’s grid operator proposes $6.1B in transmission projects aimed at increasing reliability and providing access to solar, geothermal & wind resources in AZ, NV, NM and offshore.

California grid operator proposes $6.1 billion in transmission projects

California’s grid operator proposes $6.1 billion in transmission projects aimed at increasing reliability and providing access to solar, geothermal and wind resources in Arizona, Nevada, New Mexico and offshore. (Utility Dive)

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The Southwest Power Pool formally proposes a day-ahead power market for Western utilities, setting up a competition with the California grid operator’s rival plan. (Utility Dive)
Federal investigators offer a $25,000 reward for information regarding a 2023 attack on an electrical substation in southern California. (Press-Telegram)

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Source: Energy News Network

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The photovoltaic and steel industries can work together to meet climate targets and develop a greener manufacturing environment.

Solar and green steel: A growing symbiotic relationship

The photovoltaic industry is quite literally built on steel. As a crucial component of racking and trackers for solar PV systems, a reliable steel supply is a necessity for the transition to solar-powered energy. And as a material, steel is the most sustainable choice for mounting systems, producing just one-third of the emissions per kilo of aluminum.

The steel industry is also working to incorporate sustainability in other ways, such as the use of protective coatings made with plant oils rather than fossil fuel oil. But the sustainability relationship is not one-sided: solar energy is also becoming increasingly important for the steel industry. As pressure grows for steel manufacturing to decarbonize, the two industries can work together to meet climate targets and develop a greener manufacturing environment.

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Source: Solar Power World

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For the first time in history, solar accounts for over 50% of new electricity capacity added to the grid..

Solar installations skyrocket in 2023 in record-setting first full year of Inflation Reduction Act

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The U.S. solar industry added a record-shattering 32.4 gigawatts (GW) of new electric generating capacity in 2023, a 37% increase from the previous record set in 2021 and a 51% increase from 2022.

According to the U.S. Solar Market Insight 2023 Year in Review released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, solar accounts for 53% of all new electric generating capacity added to the grid last year. This marks the first time in 80 years that a renewable electricity source has accounted for over 50% of annual capacity additions.

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Source: SEIA

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Solar accounted for most of the capacity the nation added to its electric grids last year. That feat marks the first time since World War II.

Solar hits a renewable energy milestone not seen since WWII

Solar accounted for most of the capacity the nation added to its electric grids last year. That feat marks the first time since World War II, when hydropower was booming, that a renewable power source has comprised more than half of the nation’s energy additions.

“It’s really monumental,” said Shawn Rumery, senior director of research at the Solar Energy Industries Association, or SEIA. The trade group announced the 2023 numbers in a report released today with analytics firm Wood MacKenzie. The 32.4 gigawatts that came online in the United States last year shattered the previous high of 23.6 gigawatts recorded in 2021 and accounted for 53 percent of new capacity. Natural gas was next in line at a distant 18 percent.

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Source: Grist

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Feed-in Tariff program has 155 projects with a combined capacity of 105.2MW in service as of Dec. 2023, according to the program dashboard.

Los Angeles public-private partnership aims to advance industrial solar

Dive Brief:

  • A 1.5-megawatt solar array atop an industrial building in the Panorama City neighborhood of Los Angeles is the latest renewable energy project to take advantage of the Los Angeles Department of Water and Power’s Feed-in Tariff program.
  • FiT has 155 projects with a combined capacity of 105.2 megawatts in service as of December 2023, according to the program dashboard. Another 114 projects representing 72 MW are planned or under development, leaving 57.7 MW in capacity for eligible applicants.
  • Applicants must agree to sell power back to LADWP for at least 10 years, according to the program website — one of several barriers to participation that Arielle Lopez, policy and programs associate for sustainability at the Los Angeles Business Council, identified in an interview with Facilities Dive.

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Source: Utility Dive

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Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024.

Solar and battery storage to make up 81% of new US electric-generating capacity in 2024

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Developers and power plant owners plan to add 62.8 gigawatts (GW) of new utility-scale electric-generating capacity in 2024, according to our latest Preliminary Monthly Electric Generator Inventory. This addition would be 55% more added capacity than the 40.4 GW added in 2023 (the most since 2003) and points to a continued rise in industry activity. We expect solar to account for the largest share of new capacity in 2024, at 58%, followed by battery storage, at 23%.

Solar. We expect a record addition of utility-scale solar in 2024 if the scheduled 36.4 GW are added to the grid. This growth would almost double last year’s 18.4 GW increase, which was itself a record for annual utility-scale solar installation in the United States. As the effects of supply chain challenges and trade restrictions ease, solar continues to outpace capacity additions from other generating resources.

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Source: EIA.gov

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The Irvine office campus Intersect is adding a mega-solar project atop its roofs and car canopies in addition to a battery array.

Irvine’s Intersect office campus going solar

An Irvine office campus is adding a mega-solar project atop its roofs and car canopies in addition to a battery array.

MetLife Investment Management is working with DSD Renewables to install the 2.2-megawatt solar project and 510 kWh battery storage system at Intersect, on behalf of property owners PGGM and MetLife.

MetLife and DSD estimate the solar project will generate more than 3.5 million kWh of energy annually, which should provide for 74% of Intersect’s required power. The battery system also will store excess electricity generated, supporting the grid by reducing peak demand.

The project at the campus along Von Karman Avenue near John Wayne Airport should be completed in 2025, MetLife said.

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Source: The Orange County Register

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The federal IRA has made it possible for governments and tax-exempt entities like houses of worship to get tax credits for renewable projects.

Across the country, houses of worship are going solar

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On a Sunday morning in Charlevoix, a small town surrounded by lakes in northern Michigan, people gathered in the Greensky Hill Indian United Methodist Church. The small, one-room log building is almost 200 years old and the hymns are sung in English and Anishinaabemowin.

It was December, so Pastor Johnathan Mays was leading an Advent service, one of his last, since he would soon retire. In between reflections on scripture, Mays touched on an important venture: The church was planning to install solar panels on its larger meeting hall, working with Michigan-based nonprofit Solar Faithful to do so.

Greensky Hill has a long history of environmental care and stewardship, grounded in Anishinaabe culture, with a majority Native congregation.

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Source: Grist

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CVS Health is going solar at nearly 1,000 locations through a new agreement with Constellation Energy Corporation.

CVS continues sustainable energy efforts at East Coast, California stores

CVS Health is going solar at nearly 1,000 locations through a new agreement with Constellation Energy Corporation.

The pharmacy chain has announced two agreements that total 264,000-megawatt hours with Constellation to purchase zero-emission, renewable energy equivalent to the annual electricity use of nearly 1,000 CVS Health locations in California, Washington D.C., Delaware, Maryland and New Jersey.

CVS Health’s deals are made possible by Constellation’s long-term agreements with solar projects located in California and Maryland. CVS will receive approximately 264,000 megawatt hours of energy per year through its retail agreement with Constellation, with that energy matched by Green-e Energy Certified RECs sourced from other renewable facilities throughout the U.S.

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Source: CSA

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Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux.

Up to $9 billion in transferable tax credit transactions made in 2023 in the US

Between US$7 and US$9 billion in transferable tax credit transactions were made last year in the US, according to a report from Crux, an ecosystem for entities to transact and manage transferable tax credits.

The domestic clean energy infrastructure market is expected to grow even further in 2024 as transactions last year only started after the US Department of Treasury released the guidance on transferability in June, which already grew to a third of the traditional tax equity market, estimated at US$23 billion in 2023.

Tax credits for clean energy were made transferable by the Inflation Reduction Act. The move was aimed at making it easier for companies without specialist tax credit or tax equity experience to invest in clean energy.

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Source: PV Tech

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