Tag Archives: PV Magazine

2018 solar power year in review (part 1)

By Christian Roselund and John Weaver, PV Magazine

There’s a reason it’s called the solar coaster. And while we’ve had a number of difficult years over the past decade, 2018 took the cake for pure drama. But against all of that, the slings and arrows that it has suffered, the solar industry has shown remarkable resilience, and is coming out of 2018 not only swinging, but stronger than ever. So today we’re taking a moment to reflect on what we’ve come through, with our list of our top stories from 2018. Continue reading here.

2018 solar power year in review (part 2)

Mars, Microsoft, JP Morgan Chase: Insights From Early Adopters Of Corporate Climate Policy

By Jeff McMahon, Forbes

It’s a story of stunning progress and staggering challenges. Some of the first corporations to make climate commitments have found that clean energy saves them money wherever they can find it, but often they can’t find it where they need it most.

Mars Corporation, for example, has signed power purchase agreements with wind farms in Texas, Mexico and Scotland and with a solar farm in Australia. In each case, the agreement covers 100 percent of the power demand for the direct operations of a Mars facility.
Continue reading here.

Photo by Mars Corporation: Mars candies and pet foods are powered in part by the Moy Wind Farm in Scotland.

ADDITIONAL RECOMMENDED READING

Commitments to renewable energy are a great start — what comes next?, GreenBiz. This essay was contributed by one of the NGOs that make up the Renewable Energy Buyers Alliance (REBA), a consortium dedicated to growing large buyer demand for renewable power and helping utilities and others meet it. 


To date, 158 RE100 companies have made a commitment to go ‘100% renewable’. Read about the actions they are taking and why here.


COP24 NEWS


Cop24 live blog
PV Magazine’s Max Hall will be pounding the vast spaces of the COP24 venue in Katowice to bring you the latest developments in Poland and trying to shine a light on solar’s presence here.


NEW INVESTMENT ALLIANCE

  • The U.S. Alliance for Sustainable Finance (USASF), based in New York City, will work to encourage more climate-friendly and sustainable finance innovation across the U.S. capital markets. This initiative brings together private sector actors in line with the aim of meeting the United States’ targets of the Paris Agreement.
  • Wall Street staking claim for sustainable finance supremacy, by Christian Roselund, PV Magazine. The press release noted that research indicates a sevenfold increase in global clean energy investment — $2.4T annually versus the current investment levels of $333.5B as estimated by BloombergNEF — is needed to limit the most devastating effects of climate change.

Seven steps to community solar

By John Weaver, PV Magazine

 Nationwide, over 220 utilities offer community solar programs across 36 states, and a growing number of rural electric cooperatives, municipal utilities, and investor owned utilities are exploring or implementing community solar program offerings. Currently there is only around
1 GW of community solar installed, but some see a path toward 84 GW by 2030.

To assist in reaching this ambitious goal, Vote Solar and the Interstate Renewable Energy Council (IREC) have released their Checklist for Voluntary Utility-Led Community Solar Programs. The document divides its advice into seven sections: Continue reading here.

IREC Photo

How Much Power is 1 Gigawatt?, U.S. Department of Energy

UPCOMING WEBINAR

IREC and Vote Solar will host a joint webinar on Wednesday, November 28, 2018 at 12pm Central Time to discuss the recently-released Checklist for Voluntary Utility-Led Community Solar Programs and other shared renewables tools, including IREC’s National Shared Renewables Scorecard and Shared Renewables Policy Catalog. To register, click HERE.


About IREC
The Interstate Renewable Energy Council increases access to sustainable energy and energy efficiency through independent, fact-based policy leadership, quality workforce development and consumer empowerment. A not-for-profit organization since 1982, IREC’s state-by-state work and national leadership make clean energy possible and reliable, including for low- to moderate-income customers and underserved communities. Learn more at www.irecusa.org

About Vote Solar
Since 2002, Vote Solar has been working to lower solar costs and expand solar access. A 501(c)3 non-profit organization, Vote Solar advocates for state policies and programs needed to repower our electric grid with clean energy. Learn more at www.votesolar.org

Illinois is set to become the Midwest’s solar power leader

By Karen Graham, Digital Journal

Illinois is experiencing a boom in solar energy projects stemming from the state’s Future Energy Jobs Act, a 2016 law that sets a target of getting 25 percent of electricity from renewable sources by 2025 . . . At the end of the 2nd quarter of 2018, Illinois ranked 34th, up from 43rd in 2017 in solar capacity. The state has only 97.84 MW of installed solar power. Rankings and installed solar capacity are about to change for the better, so much so that Illinois could end up being the Midwest’s leader in solar energy in a matter of a few years. Read more here.

Future Energy Jobs Act

Photo: Shedd Acquarium in Chicago. The 265-kilowatt solar project is a highlight in itself—it is the largest installation at any cultural institution in Illinois—but it’s only the first step of Shedd’s plan to cut energy usage in half by 2020.

NEWS FROM OTHER STATES

NATIONAL NEWS

ENERGY STORAGE RESOURCES

Special coverage of energy storage markets & technology, courtesy of pv magazine, by Christian Roselund. PV Magazine brings you a special edition devoted to the fast-growing energy storage space, including a look at its thornier challenges.

Click image to download and save the PDF.

 

Clean Energy Group has redesigned their Resilient Power Toolkit to make it easier to locate the resources you need to understand resilient power system technologies, their economics, and how to approach developing a new resilient solar+storage project.

“We’re always refining our toolbox of resources and making new additions, like our recent permitting and interconnection guide and a storage guide for homeowners from Solar United Neighbors. If you know of useful resources missing from our toolkit or are looking for something you can’t find, send us an email.” – Seth Mullendore, Vice President, Project Director: seth@cleanegroup.org

NextEra Energy Partners, LP announces agreement to acquire approximately 1,388 megawatts of contracted renewables projects and enters into a $750 million convertible equity portfolio financing

NextEra News Release

JUNO BEACH, Fla., Sept. 5, 2018 /PRNewswire/ — NextEra Energy Partners, LP (NYSE : NEP ) today announced that it has entered into an agreement with a subsidiary of NextEra Energy Resources, LLC to acquire a geographically diverse portfolio of 11 wind and solar projects, collectively consisting of approximately 1,388 megawatts (MW) . . . The assets include the Cottonwood Wind Energy Center, a 90-MW wind generation plant in Webster County, Nebraska. Read the entire release here.

Pixabay Photo

Additional Recommended Reading

  • NextEra’s Sholes Wind Energy Center project in northern Wayne County near the village of Sholes, 160 megawatts, will be completed in 2018. Omaha World-Herald news story:
    OPPD partner’s wind power project will continue utility’s renewable energy growth
    Once opened, it would boost OPPD’s amount of wind-generated electricity to 971 megawatts, OPPD says. That’s enough to power about 125,000 homes.
    The NextEra project is OPPD’s third-largest contract for wind power, behind the 400 megawatts the utility buys from Grande Prairie wind farm in Holt County and the 200 megawatts from the Prairie Breeze project in Antelope County. OPPD is also working with NextEra on building its first community solar power array, a 5-megawatt facility being built near Fort Calhoun.
  • NPPD Wind Generation: NextEra’s first Nebraska wind project was the Steele Flats Wind Farm near the Kansas Border in Jefferson and Gage Counties, 75 megawatts, which began commercial operation in 2013.
  • Utility Dive: NextEra’s renewables backlog grows to 7.4 GW as customers anticipate lower costs
    The influx of new signed contracts show confidence in lower prices of renewables products. ​NextEra, whose batteries have added $0.015/kWh to the cost of wind and solar projects built in the last six to 12 months, anticipates storage costs to fall to $0.005/kWh for projects paired with renewable energy in 2025.
  • PV Magazine USA: 

NextEra expects storage to add half a cent to solar in mid-2020’s

$1.2 billion clean energy fund closes, targets utility scale in the USA

By John Weaver, PV Magazine USA

It has always been said that for solar power to break into the biggest of the big leagues it is going to need “institutional money”, meaning investment capital from the largest pools of global money, such as pension funds. Common estimates suggest there is more than $100 trillion globally that is looking for investments, and solar could change the world with $1-2 trillion per year of it. And solar is starting to attract that institutional money. Read more here.

iStock Photo

ALSO PUBLISHED BY PV MAGAZINE

Windfall: Minnesota counties use wind tax money for roads, tax relief

Written by Frank Jossi, Midwest Energy News

Minnesota’s wind energy tax is helping rural counties hold the line on levy increases and pay for road repairs and other infrastructure projects. Revenue from the state’s wind energy tax has increased more than fivefold over the past decade to $12.7 million in 2018, according to Minnesota Department of Commerce. Wind farms larger than 12 MW pay $1.20 per MWh, while smaller farms pay just 36 cents per MWh. “Wind revenue is now a key source of income for many counties, relieving the property tax burden on homeowners and businesses,” said Commerce Commissioner Jessica Looman. Continue reading here.

Photo by Michael Janke of wind turbines on a Minnesota Farm

ALSO OF POTENTIAL INTEREST

Oglala Lakota lands could host 110 MW-AC of solar

By William Driscoll, PV Magazine

Native American lands have an estimated 61 gigawatts of
economic solar potential.

Oglala Lakota lands could host 110 MW-AC of solar

Nebraska Winnebago Tribe Is Developing Their Renewable Energy Resources

Tour The Winnebago Tribe’s New Solar Farm And More Renewable Energy Sites
Saturday, August 11th from 11 am to 3 pm or for as long as you want to stay.

Bring your family, a picnic lunch and lawn chairs and join Nebraskans for Solar and Tour Host Robert Byrnes for this unique educational opportunity. Click here for details.

Recommended Reading

Nebraska tribe becomes a solar power leader on the Plains

“We’ve had 100 tribes visit our community,” [Ann Marie Bledsoe-Downes, vice president for community impact and engagement of Ho-Chunk Inc] said. “We talk about many subjects with these leaders. We spend substantial time on our renewable-energy effort. Other tribes say, ‘Let’s do what Winnebago is doing.’ It resonates with people that we are taking control over our own resources.”

Warren Buffett utility says no new gas

By John Weaver, PV Magazine

Pacificorp, a Berkshire Hathaway electricity utility serving six Western states, said it has no plans to build new gas or coal in the coming decades, but instead plans to add 2.7 GW of wind and 1.8 GW of solar. Click here to read more.

ADDITIONAL RECOMMENDED READING

More U.S. jobs in solar than coal and nuclear combined, by Christian Roselund, PV Magazine
A new report from a think tank headed by former Energy Secretary Moniz reveals an additional 100,000 jobs with a part-time solar component, and hints at the political powerhouse that solar is becoming.