Energy Update
A Washington, D.C. university will install a microgrid on its campus in an effort to improve resilience, produce clean energy, and reduce its energy costs.
Contributed by Scott Buckley, President of Green Lantern Solar
I’m sympathetic to U.S. solar module manufacturers who are tired of competing against unfairly subsidized Chinese panels. The fact that the Chinese government supports their module manufacturing with enormous governmental investments while our own manufacturers have to beg and plead with their own government for help must be maddening.
Researchers at the Lawrence Berkeley National Laboratory reported that the amount of new electric capacity in interconnection review queues nationally is “growing dramatically,” with more than 1,400 GW of total generation and storage capacity seeking connection to the grid.
Researchers at the Lawrence Berkeley National Laboratory reported that the amount of new electric capacity in interconnection review queues nationally is “growing dramatically,” with more than 1,400 GW of total generation and storage capacity seeking connection to the grid.
A growing imbalance between power purchase agreement supply and demand, along with “skyrocketing” development costs, lifted PPA prices 9.7% during the first quarter of 2022 to nearly $40 per MWh, according to LevelTen’s Q1 PPA Price Index report.
The firm said that year-over-year, that represents a 28.5% increase, which it called “astounding.”
A growing imbalance between power purchase agreement supply and demand, along with “skyrocketing” development costs, lifted PPA prices 9.7% during the first quarter of 2022 to nearly $40 per MWh, according to LevelTen’s Q1 PPA Price Index report.
The firm said that year-over-year, that represents a 28.5% increase, which it called “astounding.”
Virginia has a new law that benefits new rooftop solar arrays with a nameplate generating capacity of not more than 25 kW.
The bill, which was signed into law April 11 exempts those arrays from state and local taxes. The bill, SB 686, takes effect on January 1.
The exemptions are good for five years and already-paid taxes may be reimbursable.
Contributed by Matthew A. Karmel, environmental attorney at Riker Danzig
Data released by the International Renewable Energy Agency (IRENA) shows that renewable energy continued to grow and gain momentum in 2021 despite global uncertainties, with global renewable generation capacity reaching 3.064 TW, increasing by 9.1%.
Canadian zinc-air battery maker e-Zinc said it raised $25 million in Series A financing to support the production of its first commercial long-duration energy storage system.
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