Posts by John Fitzgerald Weaver

The term the industry strove for was investor grade. Anything otherwise suggests risk. Risk is expensive. Researcher at ETH Zurich, Florian Egli has published his first single authored publication – A dynamic analysis of financing conditions for renewable energy technologies. The analysis found that between the early period of the renewable finance industry (2000–2005) and…

Australia and California are guiding the rest of the planet in how to deploy energy storage. And they’re doing it faster than any energy resources have been deployed prior. This week, Southern California Edison announced seven energy storage projects totaling 770 MW/3,080 MWh. The projects signed contracts with some of the nation’s largest electricity generation…

The purpose of this post is to track the top ten lowest priced solar power plants globally. Here they are, as of May 18, 2020: 1.35¢/kWh – Abu Dhabi, 1.5 GW, announced April 2020 1.50¢/kWh – New Mexico, USA, 100 MW, announced May 2020 1.57¢/kWh – Qatar, 800 MW, announced January 2020 1.61¢/kWh – Saudi…

Hanwha Q Cells solar panels are the leading market share products in the residential and commercial markets per research firm Wood MacKenzie Renewables & Power. The manufacturer supplied 25.2% of all residential solar modules, and 13.3% of commercial modules. Considering the residential market installed 2.8 GW, and the commercial space 2 GW in 2019 –…

NextEra, the most valuable energy company in the United States and the nation’s largest renewable energy company, announced 8.2% year over year growth. This number was near the top end of the projections. Energy Resources, their wind+solar+storage subsidiary, grew 11.3%. The Energy Resources team added 1,590 MW to their construction backlog. This includes 600 MW…

The Massachusetts Department of Energy and Resources has updated its SMART solar power program. Updated documentation can be found on the emergency rule making page. At the highest level, the most needed change is that the program has doubled in size from 1.6 GW to 3.2GW of total solar power. This needed to occur because…

Whether the policy is sound is a discussion for another day. Today though, it is of fundamental importance that you know how to maximize the tax benefits associated with solar power in order to gain the greatest financial benefit. And that means, you need learn about the recently signed CARES Act that granted U.S. taxpayers…