1.5 cents per kilowatt-hour. That’s how much NextEra Chief Financial Officer (CFO) Jim Ketchum estimates that batteries have added to the cost of solar and wind projects that the company has built over the last six to 12 months, as revealed in the company’s second quarter results call yesterday. But that’s not all. Ketchum further added that he expects this cost to fall to around half a cent per kilowatt-hour in the middle of the next decade. Read more here.
Photo Credit: NextEra Energy Resources
NextEra is developing OPPD’s 5-megawatt solar project in the Fort Calhoun area. Would adding storage be an economical option in the near-term? Omaha World-Herald news stories about the solar project:
Texas power grid begging for solar power ERCOT has set mid-day demand records and touched pricing maximums over the past week as summer heat broke state records – all of which creates tremendous opportunities for solar.
BOSTON, Mass. and WASHINGTON, D.C. – Showing resiliency in spite of the new tariffs on imported modules, the U.S. solar market added 2.5 gigawatts of solar PV in the first quarter of the year, representing annual growth of 13 percent, according to the latest U.S. Solar Market Insight Report from GTM Research and the Solar Energy Industries Association (SEIA).
Solar PV accounted for 55 percent of all U.S. electricity capacity added during the quarter and added more than two gigawatts for the 10th straight quarter, the study said. Read the rest of the releasehere.
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Large-scale solar stays strong in Q1 2018 (w/chart), PV Magazine
Thanks in no small part to modules stockpiled before the Section 201 tariffs hit, both the utility-scale and “non-residential” market segments grew year-over-year in Q1. And while the duties are expected to play a greater role in 2019, there are other factors supporting ongoing market growth.
Solar Surpasses Gas and Wind as Biggest Source of New U.S. Power, Bloomberg The growth came even as tariffs on imported panels threatened to increase costs for developers. Giant fields of solar panels led the growth as community solar projects owned by homeowners and businesses took off. Total installations this year are expected to be 10.8 gigawatts, or about the same as last year, according to GTM. By 2023, annual installations should reach more than 14 gigawatts. “Solar has become a common-sense option for much of the U.S., and is too strong to be set back for long, even in light of the tariffs,” SEIA Chief Executive Officer Abigail Ross Hopper said in a statement.
Silfab considering U.S. solar factory, PV Magazine Italo-Canadian module manufacturer, Silfab Solar, announced today that it has secured a supply contract with PetersenDean, which bills itself as the largest privately-owned roofing and solar company in the United States. In the brief press release, Silfab also hinted at much bigger news. The company states that it is “exploring U.S. manufacturing opportunities and location”.
Among American adults, 85% support increased reliance on wind power according to new data from the Pew Research Center. That includes 91% of Democrats and those who lean Democratic, and 79% of Republicans and those who lean Republican. Such cross-cutting support for renewables stands in contrast to other forms of energy.
Another recent poll, by the American Conservation Coalition (a college Republican clean energy group) and the Conservative Energy Network, found 79% of millennials “felt that a pro-clean energy candidate cares more about their family’s future.” Likewise, millennials favored wind by a 39 point margin in their survey. Click here to read the entire post.
Congressmen Raja Krishnamoorthi (D) and Ralph Norman (R) have founded what appears to be the first solar-specific caucus in Congress . . . The Solar Caucus will work on a bipartisan basis to find common ground to tackle issues facing solar business and communities,” Krishnamoorthi said. “We will raise awareness for how policymakers, business leaders, and academic experts can work together to foster jobs, growth, and America’s leadership in the solar industry.” Read more here.
The expansion to 400 MW will make Mission the fourth-largest
PV module maker in the nation.
It has been taken as an article of faith among opponents of solar tariffs that such action would not result in new cell and module manufacturing capacity. However, in the past three months pv magazine has reported five instances of either U.S. module manufacturing expansions or Asian companies planning to relocate factories in the United States. Read more here.
In this interview, Solar Foundation President and Executive Director Andrea Luecke talks about how Solar Saves Lives came together, what the organization is doing now and what it needs. Click here to read the entire interview.