Onshore wind is fully competitive against gas and coal in some parts of the world; solar is closing the gap
November 3, 2015
This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to an analysis by technology and region published by Bloomberg New Energy Finance.
Driven by lower installed costs, improved project performance, and a race to build projects ahead of a reduction in a key federal incentive, utility-scale solar project developers have been negotiating power sales agreements with utilities at prices averaging just 5 cents/kWh.
Solar PV in the second quarter showed both annual and quarterly growth
September 29, 2015
The United States solar industry surpassed 20 gigawatts (GW) of total operational solar photovoltaic (PV) capacity during the second quarter of this year, according to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2015 U.S. Solar Market Insight Report.
Funding provided for distributed energy and high-performance solar projects
September 7, 2015
The U.S. Department of Energy (DOE) announced that its Loan Programs Office (LPO) will make up to $1 billion in loan guarantees available to support commercial-scale distributed energy projects, such as rooftop solar with energy storage and smart grid technology.
PosiGen Solar Solutions teams with SimpliPhi Power and Schneider Electric
September 2, 2015
PosiGen Solar Solutions marked the 10th anniversary of Hurricane Katrina by making a solar contribution to the city of New Orleans to help create a resilient City Hall. PosiGen, with partners SimpliPhi Power and Schneider Electric, is providing 25 kW of solar PV panels, energy storage, and an educational monitoring display.
This marked the fifth consecutive year of significant price reductions
August 31, 2015
The installed price of distributed solar photovoltaic (PV) power systems in the United States continues to fall significantly. This is according to the latest edition of Tracking the Sun, an annual PV cost tracking report produced by the U.S. Department of Energy’s (DOE’s) Lawrence Berkeley National Laboratory (LBNL).
Customers who sign up and install a solar system through this partnership will receive special, preferred pricing
July 30, 2015
Green Street Solar Power, a solar financing and installation company, and Plymouth Rock Energy, an independent energy provider, have announced a joint venture created to bring solar power to homeowners and business owners in the Northeast.
Homeowners may install solar at no upfront cost and pay less than traditional electric utility bills
July 23, 2015
WGL Energy Services Inc. has teamed up with solar power provider SolarCity to offer residential customers in Maryland, Delaware, Pennsylvania, and Washington, District of Columbia, the opportunity to install a custom-designed solar energy system.
The 2014 tally included record installations for solar photovoltaic (PV) systems and wind power
July 16, 2015
Global generation capacity for solar, wind, and other renewable energy technologies grew 8.5 percent in 2014 over the year before, according to the 10th annual edition of REN21’s Renewables 2015 Global Status Report.