LBNL_PV_Pricing_Final_Dec 2014.pdfInstallations of solar photovoltaic (PV) systems have expand
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In another step forward for clean, renewable solar energy, the New York Public Service Commission (PSC) has approved raising the net energy metering (NEM) cap from 3 percent to 6 percent for all utilities. At the same meeting, the PSC announced plans to advance Community Shared Renewables, an innovative concept that could enable renters and millions of other New York energy consumers to go solar for the first time.
This whitepaper, commissioned by Oncor Electric Delivery Company, shows that deploying electricity storage on distribution systems across Texas could provide substantial net benefits to the state.
Continuing its strong growth, the United States installed 1,354 megawatts (MW)[i] of solar photovoltaics (PV) in Q3 2014, up 41 percent over the same period last year. The numbers come from the latest edition of GTM Research and the Solar Energy Industries Association's (SEIA) U.S. Solar Market Insight Report, released today. According to the report, Q3 was the nation's second largest quarter ever for PV installations and brings the country's cumulative solar PV capacity to 16.1 gigawatts (GW), with another 1.4 GW of concentrating solar power (CSP) capacity.
8minutenergy Renewables, LLC today announced that it has joined board of directors for the Solar Energy Industries Association® (SEIA), the national trade association of the U.S. solar energy. The nation's leading independent solar PV developer, 8minutenergy has over 1,100 megawatts (MW) in power purchase agreements (PPAs), has successfully built 260 MW and has 15,000 acres of land under contract.
As distributed generation continues its rapid expansion, these new resources will have an increasingly larger role.
Utilizing a unique dataset from the residential PV market in Texas, the authors construct a financial model based in part on an NREL model that calculates the expected lifecycle costs and revenues of PV system ownership for the residential buying
The Executive Summary from the report:
LAS VEGAS, NV – Calling solar "critical to the United States" when it comes to meeting its future carbon reduction goals, Department of Energy Secretary Ernest Moniz today delivered the keynote address at Solar Power International (SPI), the largest solar trade show in America, co-sponsored by the Solar Energy Industries Association (SEIA).
"Cost reduction, as we have seen dramatically in solar energy, is very much a part of shaping our clean energy future," Moniz said. "We've seen costs of modules decline by nearly 80 percent.