Global investment in clean tech and energy transition reached a record $1.8 trillion in 2023 Energize Weekly, February 7, 2024 Global investments in the energy transition from fossil fuels to clean tech climbed 17 percent in 2023 to a record $1.8 trillion, according to a study by the energy research group BloombergNEF. The largest investments…
Sunrun and PG&E Complete First Season of Innovative Residential Distributed Power Plant 29 Jan, 2024 Peaking at nearly 32 megawatts from 8,500 solar-plus-storage residential systems, Sunrun and Pacific Gas and Electric Company (PG&E) customers provided consistent, reliable clean energy to California’s power grid through the summer and fall of 2023 through an exclusive partnership between…
Solar generation continues expand rapidly on the U.S. grid while coal continues its decline Energize Weekly, January 17, 2024 Solar and coal-fired electricity generation are continuing to head in opposite directions over the next two years with solar being the leading source of new generation and coal activity falling to 1960s levels, according to the…
City of Yes for Carbon Neutrality Passes NYC City Council Dec 7, 2023 On Wednesday, the New York City Council passed the City of Yes for Carbon Neutrality (COYCN) zoning text amendment, a wonky name for a mighty important change to the city’s zoning laws. The change will remove hurdles so the city can more…
Solar panel shipments set a record in 2022 but uncertainty over tariffs loom in the future Energize Weekly, September 6, 2023 Solar photovoltaic panel shipments in the U.S. rose 10 percent in 2022 year-over-year, setting an annual record of 31.7 million peak kilowatt-hours of modules, with 88 percent of the capacity coming as imports, according…
Inflation Reduction Act could unleash $3 trillion in renewable energy investments Energize Weekly, August 23, 2023 The $1.2 trillion in incentives proposed under the U.S. Inflation Reduction Act (IRA) will spur about $3 trillion investment in renewable energy technology over the next decade, according to Goldman Sachs Research. Goldman Sachs said the IRA has created…
Michigan PSC approves DTE Energy’s Integrated Resource Plan, setting path to net zero emissions by 2050 July 28, 2023 DTE Energy received approval for its CleanVision Integrated Resource Plan (IRP) this week from the Michigan Public Service Commission (MPSC), greenlighting a clean energy plan that will speed the end of coal and cut emissions sooner.…
Infrastructure and green energy spending are powering the economy July 28, 2023 A surge in government funding and related private investment is beginning to make its way to businesses and communities across the country, building electric vehicles, new bridges, airport upgrades and a host of other infrastructure and green energy projects that are juicing the…
Maine’s electric rates expected to rise through 2024 until solar subsidies ease July 13, 2023 Mainers can expect more rate hikes for electricity through the end of next year until the solar subsidies that have driven up rates for consumers wind down. The Legislature is reining in its costly net energy billing program, which was…
U.S. solar industry sets record in the first quarter of 2023 but faces a host of challenges Energize Weekly, June 28, 2023 After a record-setting first quarter in 2023, the U.S. solar industry is poised for rapid growth while facing a spate of challenges including system underperformance, labor shortages and the risk posed by extreme…
Tax Incentives To Supercharge U.S. Clean Energy Transition Jun 18, 2023 The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have released guidance on key provisions in the IRA to expand the reach of the clean energy tax credits and help build projects more quickly and affordably. With the detailed guidance on…
Local opposition to wind and solar development growing across the country, survey finds Energize Weekly, June 14, 2023 The number of local regulations on renewable energy projects, which could hamper, delay or block development, is on the rise in the U.S., according to a report by the Columbia University Sabin Center for Climate Change Law.…
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