Edison Electric Institute, an industry group representing investor-owned utilities, has taken the net metering debate – which pits utilities against the residential solar industry – to the airwaves. Residential solar installations have grown rapidly over the past few years. “Arguably the most severe threat to the traditional utility business model is the advent of rooftop solar systems, which could… Keep reading →
We’re only eight months into the year, and utility-scale solar installations in the United States have already surpassed the total for all of last year. Data from the Federal Energy Regulatory Commission [PDF] shows 1,774 megawatts of new Big Solar capacity as of the end of August – compared to 1,476 MW for the entire… Keep reading →
For many years, Hawaii has been home to one of the strongest solar PV markets in the US. The state has offered renewable energy tax credits since 1976 and at 35% today, the credit is one of the largest in the country. Additionally, the market has been bolstered by the high cost of electricity, which… Keep reading →
The burgeoning US market for leased residential solar systems got some extra help on Thursday with the launch of a new fund to increase financing options for solar installers and their customers.
The fund, named MySolar, was created by Clean Power Finance, an online marketplace for solar financing; MS Solar Solutions Corp, a unit of the investment bank Morgan Stanley, and Main Street Power Company, a developer of solar systems and provider of power-purchase agreements. Keep reading →
