In light of California grid shutdowns due to fire safety, pv magazine USA is reviewing solutions to keep the electricity on.
Community choice aggregators in California have now signed over 2 GW of power purchase agreements for renewable energy projects, with 1.4 GW in 43 projects coming from solar power.
Dear Members of Congress,
As some of the nation’s leading solar energy companies, we write to convey the importance of extending the Section 48 and Section 25D investment tax credits (ITC) for solar and other clean energy resources.
The ITC has a tremendous track record of spurring clean energy deployment across the country, creating nearly a quarter million well-paying jobs and driving down electricity costs for consumers, businesses and municipalities. It also has generated significant economic activity, accounting for $140 billion in private investment since its inception.
As you consider clean energy tax legislation, we urge you to include a multiple-year extension of the Section 48 and Section 25D tax credits before they begin to phase down at the end of this year. The residential and commercial investment tax credits will step down from 30 percent at the end of this year. The credit falls to 26 percent in 2020, 22 percent in 2021, and, in 2022, the residential renewable energy credit is eliminated, and the commercial investment tax credit drops to 10 percent.
As a result of these credits and greater competition in the electricity sector, more Americans have access to clean energy than ever before. The greatest solar job growth today is happening in the Midwest and Southeast, in emerging markets such as Kansas, North Dakota, Illinois, Alabama and Florida. More than 240,000 Americans work in solar energy today, a figure that has more than doubled since 2010. According to the Bureau of Labor Statistics, “solar installer” could become the fastest-growing occupation in America.
While this recent success has driven 50 percent annual solar growth over the past decade, solar energy can do more for the economy, especially since it accounted for only 2.3 percent of total U.S. electricity generation in 2018 and less than 1 percent of generation in 29 states. Harmful public policy changes could quickly compromise future growth. For instance, the solar industry has experienced $8 billion of cancelled or deferred investments and the loss of 9,000 jobs in the wake of federal policy changes singling out solar. That's why we're asking you to extend the Section 48 and Section 25D investment tax credits for clean energy resources and support the continued growth of solar nationwide.
Thank you for your continued work and leadership developing American-made clean energy. We appreciate your consideration of our views and look forward to bringing solar to more of your constituents.
Breiter Planet Properties
m: (401) 954-6450
National Renewable Energy Laboratory (NREL) researchers estimate that installing floating solar photovoltaics on the more than 24,000 man-made U.S. reservoirs could generate about 10 percent of the nation’s annual electricity production. Their findings, published in the journal Environmental Science & Technology, reveal for the first time the potential for floating PV to produce electricity in the United States.
While the United States was the first to demonstrate floating PV panels—with the first installation occurring 10 years ago on pontoons on an irrigation pond in Napa Valley, California—the idea has not received widespread national acceptance. The U.S. focus has primarily been on installing large-scale, ground-mounted solar panels, and only had seven floating PV sites as of December 2017. Floating PV sites are being deployed more overseas, however, with more than 100 sites as of the end of last year. Japan, for example, is home to 56 of the 70 largest floating PV installations.
Sunrun made a splash at the BNEF Summit in New York City at a time when utilities are increasingly struggling to adapt to new realities. But distributed energy resources have a long way to go to play a major role, and we will still need additional energy sources in future power systems.
Sunrun CEO Lynn Jurich. Image: Bloomberg
Dr. Miguel Oneto has developed a 682 MWdc solar power project in Childress County, Texas. The project is the second by the new developer, following a 324 MWdc project under construction nearby.
It’s a story that would only happen in Texas, where everything is a little bit bigger – including the business opportunities.
In August of last year, pv magazine reported on a 240 MWac / 324 MWdc solar power project that broke ground in northern Texas. A couple of months later, the developer reached out to start a conversation with us about the next project he was developing, and gave us a bit of a background story.
While the Super Bowl victory parade rolled by, solar energy professionals shook hands, shared stories, made deals and visited more than 80 industry exhibitions on the floor in Boston, Massachusetts.
Contrary to President Trump, more and more U.S. states are setting their sights on an ambitious expansion of solar and other renewables. Five new state governors elected in the midterms are committed to achieving 100% renewable electricity. Several others are also pro-clean energy and pro-solar.