The California Public Utilities Commission yesterday (16th November) voted to approve a ‘proposed decision’ changing the state’s virtual net energy metering (VNEM) scheme.
Engie North America – the US subsidiary of the French energy utility – has signed two virtual power purchase agreements (VPPA) with WestRock, a sustainable paper and packaging producer.
A round up of the most recent community solar developments from the US, including a 12MW portfolio acquisition by Standard Solar from New Leaf Energy, construction plans for a 15MW cluster in Illinois and the winners of the Department of Energy’s community solar awards.
Developing, sourcing, building and maintaining solar PV projects routinely runs into the millions of dollars of long-term investment, and the impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.
The Sri Lankan government has issued a request for proposals (RFP) for a 70MW ground-mount solar PV tender, via its electricity development and coordination body, the Ceylon Electricity Board (CEB).
Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.
US EPC company McCarthy Building Companies has begun construction on four solar PV projects in Texas and Arizona, with a view to achieving compliance with IRA incentives.
Chinese solar manufacturer Huasun has claimed a “record-breaking” power output and conversion efficiency for its heterojunction technology (HJT) modules.
US distributed solar asset owner Spruce Power has posted increased sequential revenues and adjusted EBITDA in the third quarter of 2023, as its total portfolio of residential solar assets and contracts increased to over 75,000.
