The U.S. state’s latest report shows that it has beat its 2020 target for emissions reductions four years early, mostly thanks to more renewable energy.
A new study finds that from 2013 through 2015, distributed PV reduced peak solar hour mean wholesale electricity prices by 8–9%, avoiding costs of US$650–730 million.
A new poll by Morning Consult found surprisingly strong support for a California-style mandate across the political spectrum, although Liberals were more likely to favor the measure than Conservatives.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
Perth-based blockchain startup Power Ledger has announced its first carbon credit project as part of its partnership with Chicago-based startup Clean Energy Blockchain Network and in collaboration with California’s municipal utility Silicon Valley Power. The company’s platform will manage credits generated by the use of solar energy in electric vehicle charging.
Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.
Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at US$2.49¢/kWh (AUD3.27c/kWh), the lowest price for a public solar power contract to date. The deal also involves shutting down a coal plant.
During May utility-scale solar provided 17% of generation on California’s grid, outpacing gas for the first time on a monthly basis.
The tracker maker will also supply a new type of racking for the roll out of First Solar’s large-format Series 6 modules.
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