Duke Energy and other utilities in South Carolina are preparing a plan for developing distributed solar in the state on the heels of a net metering agreement announced last week. The utility plan will be delivered to the state public utilities commission in February, and after a few months of expected PUC deliberation, Duke will begin implementation “immediately,” according to Ryan Mosier, a spokesperson for the utility.
The U.S. Department of Commerce just announced that it will add high tariffs for solar modules imported from China. The Canadian government is also investigating the adoption of similar measures, following recent complaints filed by Ontario-based solar manufacturers. With the solar industry in hypergrowth, it’s not a surprise that these governments are interested in boosting new jobs, protecting their economies, and fostering the solar sector. The problem is that tariffs are a short-sighted approach that actually attack the future of North American solar on its home soil, and likely destroy more jobs than they create.
Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.
Solar project development is cyclical: more capital chases projects, oversupply of capital brings down yields, capital exits the space, more projects chase the money; rinse, lather, and repeat. As we reflect on 2014, we will remember it as a year when an abundance of sponsor equity was met with a shortage of bankable project opportunities. Here’s w
Demand for rooftop solar paired with energy storage systems will reach $1 billion in the U.S. within four years, according to the Solar Energy Industries Association.
Renewable energy stakeholders are well aware that clean energy is slowly but steadily transforming the energy landscape and that message couldn’t have been more clear at the recently concluded Power-Gen International, the largest show for the traditional power generation industry. Since all forms of power generation are represented at the show through the four co-located conferences, PennWell calls the second week in December "Power Generation Week."
Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.
Yesterday the U.S. Department of Commerce announced its final findings in the 3-year long trade war between the U.S. and China. Additional tariffs will be imposed on modules from China and Taiwan. Although this is good news for SolarWorld and other American solar PV manufacturers, many in the U.S. solar industry are not celebrating and the decision is expected to further divide an already shaken solar industry.
The East African region is leading the continent’s charge to embrace renewable energy, including solar, geothermal and wind power.