The solar market for affordable housing has been quiet in the last decade, but this may change. Stakeholders came together to discuss opportunities in Denver at the Solar for Public and Affordable Housing workshop hosted by Clean Energy States Alliance on Oct. 17.
What are the creative new ways that smaller companies are entering the market for renewable energy? To find out, Clean Energy Finance Forum spoke with Jim Boyle, CEO and chairman of Sustainability Roundtable, Inc. Renewable energy certificates (RECs) are becoming an increasingly popular way for companies of a variety of sizes to reduce their carbon footprints. RECs also help companies support the production of renewable energy and meet or exceed their corporate-sustainability goals.
From batteries to blockchain, the energy sector is enjoying a period of rapid innovation with new technologies coming to market that carry the potential to upend traditional electric infrastructure and business models. Yet electric utilities and other electricity providers have been slow to adopt these novel technologies largely because they lack the information to fully weigh their options.
In the face of United States federal inertia regarding the Paris Agreement, a cluster of initiatives driven by corporations and NGOs has sprung up to help maintain forward momentum. These initiatives are drawing together large collaborative networks to set higher goals.
A study published on Aug. 24 by National Renewable Energy Laboratory in partnership with Clean Energy Group found that approximately 25 percent of all commercial customers in the United States could cost-effectively reduce their electric utility bills through onsite battery storage.
Community-shared solar is a growing industry in the United States that offers homeowners a solar alternative to rooftop solar. Experts from financial institutions, development companies, and electric cooperatives converged at Solar Power International (SPI) in Las Vegas on Sept. 10-13 to discuss the recent growth and future prospects of community-shared solar.
The residential solar market has heated up in the United States during the past few years. Although its fortunes have fluctuated, it has seen dramatic improvements. The same cannot be said for the low-income solar market, which is just beginning to thaw. According to the Low-Income Solar Policy Guide developed by the nonprofits Grid Alternatives, Center for Social Inclusion, and Vote Solar, there is a key set of structures that needs to be put in place at the government level to set the ground rules for a profitable market. The frameworks depend on the state policy environment.
At this month’s Solar Power International conference in Las Vegas on Sept. 10-13, one topic dominated the general sessions and education panels: the Section 201 trade case brought by Suniva, a bankrupt United States manufacturer, to the United States International Trade Commission (ITC).
When Tesla unveiled the utility-scale Powerpack battery in 2015, analysts and observers excitedly proclaimed the product’s low price point would revolutionize electric grid operations and business models as it set new cost benchmarks for energy storage. But despite the hype, the reception from utilities was tepid at best.
This experience is not unique to Tesla. It leads to a big question: What’s stopping utilities from quickly pivoting to new energy technologies? Unlike other industries that can quickly adopt new technology, utilities and their regulators must make more cautious deliberations.
Although clean energy may not take center stage as the star employment generator in the Great Recession recovery, it plays an important supporting role, according to Jim Barrett, chief economist at American Council for an Energy-Efficient Economy. This goes above and beyond the economic benefits of climate protection reported by the United States Environmental Protection Agency.
At a public event in Boston on June 11 called "Designing Solar’s Value: A Stakeholder’s Forum," speakers outlined an ambitious proposal to shift the entire framework of solar financing in Massachusetts to a value-of-solar model. The newly founded Northeast Solar Energy Market Coalition (NESEMC) cosponsored the event, which was hosted by Solar Energy Business Association of New England (SEBANE).
Greentech Media’s first international Solar Summit, held on Jan. 27-28 in Mexico City, left more questions than answers about the future of solar in Mexico. Speakers said that the solar markets are in flux at all levels of development. The country is far from reaching a steady state. Developers who are willing to take risks could enjoy huge payoffs but must first face significant regulatory uncertainty.
A joint committee of Massachusetts senators and representatives is approaching a decision on the future of solar power. The decision will determine how to modify net metering, an incentive policy that is critical to most solar projects' financial viability. Meanwhile, utilities are unable to plan for their systems and developers have been forced to ice projects at all stages.
While making strong motivational statements at the 2016 Investor Summit on Climate Risk in New York City on Jan. 27, speakers also laid forth an ambitious set of targeted goals to implement the Paris climate conference’s agenda. These goals included implementing climate disclosure requirements; advocating for stable, economically meaningful carbon pricing; ceasing investment in coal; leveraging pension funds; scaling up green banks; clarifying what constitutes a green bond; and analyzing risks on an industry-by-industry basis.
Eden Full Goh discovered the potential of solar power when she was just 10 years old. She had come across a book in the library that taught her how to build a small solar-powered car. Once she took the book home and built it, she was hooked. She wanted to see what else she could do with this...
They appear periodically, but predictably - media reports about the powerful, corporate utilities seeking to block consumer access to rooftop solar and maintain control of the grid versus the plucky, disruptive solar companies, fighting to bring clean, free power - and energy independence - to the...