Energize Weekly, August 1, 2018 PacifiCorp, which serves 1.9 million people in six western states, has received state approvals to move ahead with its $3 billion plan add and wind generation and transmission lines to its system. The Idaho Public Utilities Commission approved the project on July 20 after the Utah Public Service Commission gave…
Energize Weekly, August 1, 2018 A record 36 megawatt-hours (MWh) of home energy storage systems were installed in the first quarter of 2018, according to the U.S. Energy Storage Monitor report from GTM Research and the Energy Storage Association. That was as much residential storage capacity as had been installed in the previous three quarters…
Energize Weekly, July 25, 2018 Global solar investment faltered in the first half of 2018, as the Chinse government cut back on subsidies, but financing for wind projects soared, according to Bloomberg New Energy Finance (BNEF). Overall, clean energy investment for the first six months of 2018 was $138.2 billion, a drop of 1 percent…
Energize Weekly, July 25, 2018 Solar generating capacity at rural electric cooperatives is growing rapidly and expected to reach 1 gigawatt in 2019—a twenty-nine-fold increase in 10 years, according to a report by the National Rural Electric Cooperative Association (NRECA). “The surge in cooperative solar energy, from local community solar programs to large-scale arrays, is…
Energize Weekly, July 18, 2018 Off-grid technologies bring electricity to farm fields and remote villages in developing countries around the world, reaching more than 133 million people, according to an assessment by the International Renewable Energy Agency (IRENA). An estimated 100 million are using solar lights, and at least nine million are connected to a…
Energize Weekly, July 11, 2018 Pacific Gas and Electric (PG&E) has proposed the world’s largest battery storage project—2.3 gigawatts—to replace three natural gas plants. The San Francisco-based utility filed its request for approval with the California Public Utilities Commission (CPUC), which in January had given PG&E a green light to solicit bids for the project.…
Energize Weekly, June 27, 2018 Quarter-over-quarter the U.S. energy storage market dropped 30 percent to 43.6 megawatts (MW) in the first quarter of 2018 and was down 39 percent compared the same quarter in 2017, according to an industry market report. This was in part due to a large number of utility-scale projects that came…
Energize Weekly, June 27, 2018 The pace for global investment in renewable energy will continue to grow—totaling an estimated $8.4 trillion in the next three decades—so that by 2050, half of all electricity generation will come from renewables, according to Bloomberg New Energy Finance (BNEF). BNEF’s New Energy Outlook projects that other generation technologies that…
Energize Weekly, June 20, 2018 The solar industry posted a 13 percent year-over-year increase in the first quarter of 2018 as 2.5 gigawatts (GW) were installed, according to the U.S. Solar Market Insight report. Installations for the year, however, are projected to be flat compared to 2017 with a total of 10.8 gigawatts of installations,…
Energize Weekly, June 20, 2018 A Canadian real estate investment company is teaming up with a Texas solar developer for $100 million in solar projects in Austin and San Antonio. Toronto-based Fengate Real Asset Investments will provide the financing for projects developed by PowerFin Partners, which has offices in Austin and San Antonio. The multi-year…
Energize Weekly, June 13, 2018 NV Energy announced a $2 billion plan to add more than 1 gigawatt of utility-scale solar and battery storage projects, but said the investment depends upon whether Nevada voters support an “energy choice” ballot measure in the fall. On June 1, NV Energy, a subsidiary of Berkshire Hathaway Energy, submitted…
Energize Weekly, June 13, 2018 Xcel Energy, Colorado’s largest electricity provider, submitted a plan to state regulators June 6 seeking to invest $2.5 billion in wind, solar and energy storage projects while closing two coal-fired power plants. The proposed Colorado Energy Plan (CEP) would add 1,100 megawatts (MW) of wind power, 700 MW of solar…
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