GTM Squared Live! A Grid Edge Roundtable [GTM Squared]
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Nevada’s 2.3-Cent Bid Beats Arizona’s Record-Low Solar PPA Price
By [email protected] Records don’t last long in the cleantech business. Just days ago, we were reporting that the Central Arizona Project (CAP) had secured the lowest confirmed solar price in the U.S., when it approved a 20-year power-purchase agreement at $24.99 per megawatt-hour. That’s setting aside an Austin Energy PPA from December that could be…
Election Preview: Energy and Climate Races to Watch in 2018
By [email protected] There are a lot of questions swirling around the 2018 midterm election — including how energy and climate issues will play into this broader political moment. Can pro-climate Republicans hold on to their seats in Congress? Will Democratic candidates with cleantech industry experience win over voters? Could the outcome of Nevada’s Senate race…
Listen to Our New Podcast, Political Climate
By [email protected] House Speaker Paul Ryan announced last week that he won’t seek reelection in 2018. His decision will have major consequences for the Republican Party — and potentially for climate and energy policy. In the second episode of GTM’s new podcast Political Climate, co-host Shane Skelton, former energy adviser to Paul Ryan, explains why…
Democrats Release Infrastructure Plan With $80 Billion for Grid Upgrades
By [email protected] Senate Democrats released a $1 trillion infrastructure plan Wednesday framed as a way to give Republican “tax giveaways” for the wealthy back to the American people. While the plan is unlikely to be embraced by President Trump or gain traction in a GOP Congress, it serves as a meaningful policy document as the…
Solar Trade Case Settlement, Exemptions May Still Be in the Works
By [email protected] Time is running out for President Trump to rule on the Section 201 solar trade case. With a fast-approaching deadline of Jan. 26, trade case stakeholders are making their final attempts to sway the president — and nervously placing their bets on what’s to come. When a decision will come remains unclear. Sources…
Duke Energy Takes Full Ownership of REC Solar, Seeks to Be a ‘One-Stop Entity’ for C&I Renewables
By [email protected] Duke Energy announced Wednesday that it has taken full control of California-based commercial solar developer REC Solar. The acquisition comes after Duke acquired a majority stake in the company in 2015. Duke spokeswoman Tammie McGee said it was assumed an acquisition would take place eventually, but that Duke accelerated the timeline in response…
Energy Secretary Perry Requests Federal Rules to Boost Cost Recovery for Coal and Nuclear
By [email protected] The Department of Energy recently released a highly-anticipated assessment of the U.S. grid that did not find a clear link between retiring coal and nuclear power plants and reduced grid reliability. Now, the agency is asking federal regulators to presume that’s the case, and create a rule that could provide coal and nuclear…
DOE’s Grid Reliability Study Is Out. It’s a Rorschach Test for the Future of Electricity
By [email protected] The defining document of Rick Perry’s Energy Department is finally here. When Secretary Perry sent a memo to his chief of staff in April requesting a review of how “market-distorting” policies are potentially threatening the reliability of the grid, it caused swift backlash from pro-renewables groups. They feared it was a yet another…
Younicos Acquired for $52 Million by Rental Power Firm Aggreko
By [email protected] Global power rental company Aggreko has agreed to buy energy storage firm Younicos for approximately $52 million in cash. Aggreko, headquartered in Scotland, is a provider of leased mobile power, as well as heating and cooling. The firm had revenues of approximately $2.6 billion last year, with more than 7,300 employees. Founded in…
Here’s How Much a Tesla Solar Roof Will Cost You (and How Long It Will Last)
By [email protected] We’ve been waiting on pricing details for Tesla’s solar roof since last year. They’re finally available. Tesla officially started taking orders for its highly-anticipated solar roofing system today. Since the public launch of the product last fall, Elon Musk has been dropping small details about warranties and performance — but he’s said nothing…
Energy Stats: Tons of New Data on the Cost of Solar, Storage and Customer Acquisition [GTM Squared]
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Can We Please Move Beyond the America-Versus-China Narrative?
By [email protected] A lot of people think that U.S. clean energy technology leadership is under threat. Joe Romm recently published a piece criticizing President Trump’s new budget cuts to climate and clean energy programs. In the piece, Joe suggests that America will lose out on millions of new jobs to China as a result of…
Mr. President, If You’re Listening to Breitbart Radio, They Just Made a Strong Case for Clean Energy
By [email protected] Now that President Trump’s official intelligence sources come primarily from talk radio, Fox & Friends, and Breitbart News, perhaps he was listening to Breitbart News Daily on SiriusXM yesterday. If he’d tuned in, he would have heard the economic case for keeping America’s commitment to clean energy strong. And if liberals had been…
NRG Gets Court Approval to Buy 2 Gigawatts of SunEdison’s Solar and Wind Projects
By [email protected] It’s a new chapter for two of the biggest U.S. players in renewable energy. One of them, SunEdison, entered Chapter 11 bankruptcy proceedings in April after a disastrous series of financial decisions crippled the company. The other, competitive energy supplier NRG Energy, is entering a new phase as it restructures its renewable energy…