Community solar in the US could be eligible for the federal investment tax credit (ITC), according to an advocacy group which has sought a private ruling from the Internal Revenue Service (IRS).
Clean energy company NextEra Energy — along with Hawaiian Electric Company, Hawaii Electric Light Company and Maui Electric Company Limited — announced new details for NextEra’s merger with the three companies, which includes a collection of 85 commitments that will help spur Hawaii’s drive towards a 100% renewable energy future by 2045.
Italian-based developer Enel Green Power (EGP) was the big winner in the latest solar-dedicated auction in Brazil while average prices per MWh fell below US$85.
The US Department of Energy (DOE) has backed teams working on 11 new solar technologies based on micro-CPV (concentrated PV), awarding funding of between just under US$1 million and US$3.5 million to each.
Until clean energy is properly valued in the US, legislation-based storage procurement mandates and solar incentives such as the ITC will remain necessary to support low-carbon technologies like solar and solar-plus-storage, a prominent energy storage industry figure has said.
Valley Electric Association (VEA), a nonprofit, member-owned electric cooperative, has announced plans to begin construction on a 15MW solar energy generation project in Pahrump, Nevada.
Brazil’s largest solar panel manufacturing facility will be inaugurated on Friday (28 August) by manufacturer Globo Brazil, providing a major boost towards financing domestic PV projects.
Lobbyists protecting fossil fuel industry interests including the Koch brothers have been criticised openly by Barack Obama this week for “standing in the way of the future” by attempting to hamper the progress of renewables.
Tesla chief Elon Musk purchased US$5 million worth of SolarCity shares a few days after the head of a short-selling hedge fund ignited a war of words with SolarCity’s own CEO, Lyndon Rive.
The US Navy has committed to developing 210MW of solar PV across 14 military installations in what has been labeled the largest purchase of renewable energy ever agreed by a US federal entity.
