The authorities in Arizona have upheld the precedent of capping the reduction at 10% for compensation rates for rooftop PV, following a proposal for a 37% cut. However, there is a possibility of new risks emerging, according to the Arizona Corporation Commission.
Globeleq has revealed plans to build a green hydrogen facility in the Suez Canal Economic Zone, and Air Liquide has agreed to run a hydrogen production unit for TotalEnergies in France. Doosan Fuel Cell, meanwhile, has said it will export 105 MW of hydrogen fuel cells to China by 2026.
Made up of distributed residential energy storage, these “plants” stabilize the grid and often end the need for new fossil generation. Tesla customers in California are the latest to join the movement.
Capital Dynamics’ Clean Energy Infrastructure unit previously acquired a 30% stake in Arlington Valley Solar Energy II as part of the acquisition of three PV projects from LS Power in November.
A series of failures triggered thermal runaway and an explosion at Arizona Public Service Electric’s McMicken battery facility, according to two new reports that look at how to prevent similar disasters in the future.
The latest PV finance report released by Mercom Capital had solar investment falling almost entirely across the board with the number of new solar funds launched in the last three months offering a rare piece of good news.
An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.
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