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  • More commercial and community solar projects will be financed through TPO in 2024
    More commercial and community solar projects will be financed through TPO in 2024
    • May 21, 2025

    According to Wood Mackenzie's latest report on the competitive landscape of commercial solar energy in the United States, the third-party ownership (TPO) market share of non residential projects in the United States is expected to increase from 69% in 2023 to 72% in 2024. The report predicts that the TPO sector will continue to lead commercial and community solar financing, with market share reaching 74% by 2026 and dropping to 62% by 2029. According to Wood Mackenzie, Nexamp has the largest TPO market share (7%) in 2024, followed by Summit Ridge Energy (6.5%) and Standard Solar (5.3%). Amanda Colombo, research assistant at Wood Mackenzie, said: "The maturity of the tax credit transferable market is driving the growth of third-party ownership. Transferable tax credits provide TPO projects with simpler, more economical, and more flexible monetization options. Small and medium-sized project developers have stated that transferability simplifies third-party financing. ” The report also found that the overall commercial solar market in the United States reached an annual high in 2024, with a national increase in installed capacity of 2.1 gigawatts. Major states such as California, Maine, and Illinois drove an 8% year-on-year growth. Looking ahead, Wood Mackenzie predicts that the United States will add over 11 gigawatts of direct current commercial solar installed capacity in the next five years. The expected increase in electricity prices, growth in emerging markets, and continued impetus from the Inflation Reduction Act will be key drivers of installed capacity growth. Colombo said, "Driven by favorable factors such as low development costs, untapped solar potential, and sufficient available land, the installation volume of emerging solar state markets across the United States is surging. It is worth noting that commercial solar deployment in underdeveloped markets in the Midwest and Southeast regions is significantly increasing

  • Happy Valentine's Day 520
    Happy Valentine's Day 520
    • May 20, 2025

    Network Valentine's Day is a love festival in the information age, celebrated annually on May 20th and 21st. The festival originated from the metaphor of "520" as "I love you" in singer Fan Xiaoxuan's "Digital Love" and the close connection between "I love you" and "online lover" in musician Wu Yulong's online songs. Later on, "521" was gradually given the meaning of "I am willing, I love you" by couples. Online Valentine's Day "is also known as" Wedding Day "," White Day "," Spoiler's Day ", and" Love Day ". In this trendy, youthful, spiritual, and implicit festival, "520 (521) 1314 I love you (I am willing) for a lifetime" is its classic digital quote, and Wu Yulong's "Online Lover" is the theme song of the festival. People boldly say (show) love through (mobile phone, traditional PC) Internet (WeChat, QQ, microblog, forum, etc. as platforms) or mobile phone text messages, and even send gifts (red envelopes) to convey love and find love on blind dates. There are also countless couples gathering to register for marriage and hold a grand wedding banquet. Many businesses also take the opportunity to carry out group buying, discounts and other promotional activities, which has set off a wave of holiday fever online and offline. With the increasing number of festival participants, various media (newspapers, television, the Internet, etc.) are competing to report the grand events of 520 and 521 "Internet Valentine's Day", "Daying", and "Pettish Day".

  • SMA will begin assembling medium voltage power plants in the United States in 2026
    SMA will begin assembling medium voltage power plants in the United States in 2026
    • May 20, 2025

    SMA America announced that it will begin assembling medium voltage power plant (MVPS) solutions in the United States in 2026 to strengthen the company's logistics network and enhance services to utility scale solar customers across the country. The inverters will still be manufactured in Germany and then shipped to the United States, where they will be integrated with transformers and rails to form the final system, which will ultimately be delivered to customers. MVPS is a fully integrated turnkey solution that integrates SMA central inverters, medium voltage transformers, and switchgear in a 20 foot sliding rail container. It is designed specifically for large-scale solar and energy storage projects, ensuring efficient and grid compliant energy conversion while minimizing on-site installation work. Jay Arghestani, General Manager of Large Equipment Sales, Technology, and Marketing at SMA America, stated, "This is a crucial step forward for both SMA America and our customers. Domestic integration can help shorten project timelines, reduce transportation complexity, and may contribute to domestic content strategies under the Inflation Reduction Act, depending on how customers construct their solutions. ” SMA plans to begin assembling MVPS in the United States in the first quarter of 2026 and gradually launch it to customers in the second quarter of 2026. In the process of increasing local production capacity, the share of local content will gradually increase.

  • Climate Access Fund launches Baltimore public school community solar project
    Climate Access Fund launches Baltimore public school community solar project
    • May 19, 2025

    Earlier this year, the Climate Access Fund, Solar Steward, CohnReznick, and other partners launched the Solar4Us @ Henderson Hopkins project, a $3.8 million, 808 kilowatt rooftop community solar project. The project is owned and developed by the Climate Access Fund and is located at Elmer A. Henderson: Johns Hopkins University, a public K-8 school in Baltimore. The Solar4Us @ Henderson Hopkins project not only saved nearly $1 million in energy costs for approximately 150 low - and middle-income households over 35 years and provided vocational training opportunities, but also expanded practical pathways for businesses to participate in energy transition through Social Renewable Energy Certificates (Social RECs). Through the unique arrangement developed by Atlanta based social enterprise Solar Stewards, the school's vocational training and courses will be funded through the purchase of Solar4Us @ Henderson Hopkins' Renewable Energy Credit (REC) by professional service company CohnReznick, generating over $250000 in sustained income for the Solar4Us @ Henderson Hopkins project, Climate Access Fund, and the organization's future community solar goals. We recognize that businesses play an important role as' good stewards' and 'good neighbors' of the local economy, "said Anton Cohen, Partner and Head of Renewable Energy Business at CohnReznick. The collaboration with Solar Stewards has clarified the scope of renewable energy credit lines and provided an economic basis for CohnReznick to pay a premium for social renewable energy certificates (Social RECs). Our collaboration enables hundreds of households to access clean and affordable electricity at reasonable prices, while saving on electricity bills and reducing our company's carbon footprint. ” Through the Solar Stewards market, all revenue from REC will be used to fund community projects that bring social and economic benefits to historically excluded communities, thereby creating social REC. The annual membership of Solar Stewards Marketplace enables businesses to choose available community opportunities and select projects that align with their mission and goals. The Solar Stewards team will review each project. The team provides high-level rigorous review and supervision to verify participation in the community and help businesses reduce risks, ensuring the effectiveness of social impact statements.

  • A new bill in Massachusetts may reduce non residential solar net metering
    A new bill in Massachusetts may reduce non residential solar net metering
    • May 16, 2025

    On May 13th, Massachusetts Governor Maura Healey proposed the Energy Affordability, Independence, and Innovation Act, aimed at reducing costs for residents and businesses. This bill addresses the issues in the solar energy industry from several aspects. Firstly, it will allow the Massachusetts Department of Energy and Resources (DOER) to sign new clean energy procurement contracts instead of requiring them to facilitate contracts through utility companies. The bill will also require Massachusetts utility companies to update their interconnection processes to reduce the time and cost for customers to connect solar projects to the grid. On the negative side, the bill also proposes to reduce net metering compensation for non residential solar projects (including community solar). The Community Solar Access Alliance (CCSA) expressed dissatisfaction with this provision of the bill and demanded that the governor change his approach. CCSA Northeast Regional Director Kate Daniel said in a press statement, "Some of the first community solar projects in the state, as well as many projects serving municipalities and local governments, have adopted net metering pricing. We are concerned that the proposals in the governor's bill may hinder progress on these projects, as well as other solar projects such as the Massachusetts Solar Renewable Energy Target (SMART) program. By changing the compensation rate for solar projects, Governor Healy has taken a step back in providing clean and affordable energy for Massachusetts residents

  • HOMIE and Climate First Bank expand residential solar financing services to 49 states
    HOMIE and Climate First Bank expand residential solar financing services to 49 states
    • May 15, 2025

    HOMIE is a home solar and thermal insulation company that is currently partnering with Climate First Bank to expand financing channels for low - and middle-income homeowners seeking energy upgrades. HOMIE founder Travis Montaque said, "Collaborating with Climate First Bank is an important step towards achieving our mission. We are committed to eliminating barriers that prevent families from moving into safe, affordable, and durable homes. Joining hands with Climate First Bank, we are partnering with an institution that upholds our vision of fairness, sustainable development, and healthier communities. Working hand in hand, we will ensure that more people have clear and convenient access to healthier and more energy-efficient homes. ” Through collaboration with Climate First Bank, HOMIE financing services will be available to homeowners in 49 states. In the past two years, Climate First Bank has issued over $300 million in solar loans. HOMIE's services cover from initial home health assessment to final installation. HOMIE will integrate with OneEthos, the fintech platform of Climate First Bank, allowing homeowners to access financing options, incentives, and solar tax credits through the platform. Currently, 17% of Climate First Bank's solar loans support low - and middle-income homeowners, and the launch of HOMIE will further expand its influence, the two companies said in a press release. I am pleased to announce the establishment of a new partnership between Climate First Bank and HOMIE. This cooperation represents an important step forward for the bank in its commitment to providing affordable clean energy. Chris Castro, Chief Sustainability Officer of Climate First Bank, said, "We are committed to providing solar financing solutions across the United States. By combining the bank's expertise with HOMIE's unique approach, we aim to create impactful initiatives that benefit communities and drive positive change. We will work together to build a brighter and more sustainable future. ” HOMIE was launched in Florida earlier this year, offering solar and thermal insulation services, and plans to expand its service coverage nationwide.

  • Solar energy has become the largest new source of electricity in the United States for 19 consecutive months
    Solar energy has become the largest new source of electricity in the United States for 19 consecutive months
    • May 14, 2025

    In the first quarter of 2025, solar and wind energy accounted for nearly 98% of the newly added electricity to the US power grid, and were the only source of new electricity added in March. The "Sunshine Day" campaign reviewed data from the Federal Energy Regulatory Commission (FERC) and found that March 2025 is the 19th consecutive month in which solar energy has become the largest source of new electricity generation. The Federal Energy Regulatory Commission (FERC) stated in its latest monthly "Energy Infrastructure Update" report that a total of 31 solar power plants were put into operation in March, with a total installed capacity of 446 megawatts, and another wind power plant - the 223.9 megawatt Shamrock Wind and Energy Storage Project located in Crockett County, Texas - was put into operation. These projects together account for 100% of the newly added power generation capacity for the month. In the first three months of this year, the total capacity of solar and wind energy (7076 megawatts) accounted for 97.8% of the newly added capacity, while natural gas (147 megawatts) only accounted for 2.0%, and the remaining 0.2% came from oil (11 megawatts). Solar energy accounted for two-thirds (66.6%) of the newly installed electricity capacity in March. In the first quarter, solar energy accounted for 72.3% of the newly installed capacity. From September 2023 to March 2025, solar energy has been the largest source of monthly new installed power generation capacity for 19 consecutive months. New wind power accounted for the remaining one-third (33.4%) of the newly installed capacity in March, and more than a quarter (25.5%) of the newly installed capacity in this quarter. At present, the installed capacity of solar energy (10.7%) and wind energy (11.8%) has exceeded one tenth of the total installed capacity in the country. The two together account for nearly a quarter (22.5%) of the total installed capacity of public utility scale power generation in China. In addition, about 30% of the solar power generation capacity in the United States exists in the form of small (rooftop) systems, which is not reflected in the data from the Federal Energy Regulatory Commission. If these newly added solar power generation capacities are taken into account, solar and wind power will account for over a quarter of the total electricity generation in the United States. Combined with hydropower (7.7%), biomass energy (1.1%), and geothermal energy (0.3%), renewable energy currently accounts for 31.5% of the total utility scale power generation capacity in the United States. If small-scale solar power generation is included, renewable energy currently accounts for about one-third of the total electricity generation capacity in the United States. By comparison, a year ago, renewable energy accounted for 29.4% of the total installed capacity of public utilities, including solar energy (8.3%) and wind energy (11.8%). Five years ago, this proportion was 22.7%, with solar...

  • Castillo Engineering develops proprietary software to enhance transparency in utility scale solar power generation
    Castillo Engineering develops proprietary software to enhance transparency in utility scale solar power generation
    • May 13, 2025

    Castillo Engineering has invested in software aimed at addressing the shortage of qualified engineers in the solar industry and maintaining accurate communication with customers. Castillo Engineering is a utility scale solar engineering company headquartered in Maitland, Florida. The company has invested $2.5 million in two independent proprietary software platforms, PMO 360 and Design IQ, and has expanded its senior workforce to guide companies currently equipped with these programs. PMO (Project Management Office) 360 aims to enhance transparency between projects and clients by providing real-time disclosure of engineering plans, schedules, personnel, and array components on a dashboard available to project managers. The company hopes that granting access to the latest project engineering can reduce errors caused by poor communication. We want to ensure that the products we create are unique in the market, unlike the generic tools used by the entire industry - that is, the entire construction industry, "said Rick Castillo, founder and COO of Castillo Engineering. For many years, I have been working with clients, so I have decided to create a very transparent product. All expected information related to the project will be presented to the client Design IQ is a photovoltaic project design software that uses data from Castillo Engineering's array asset portfolio to draw project schematics. The program runs automatically and has a single interface that can generate relevant calculations and AutoCAD design drawings. Through Design IQ, data from previous projects can be applied to new projects with similar design challenges. Christopher Castillo, CEO of Castillo Engineering, stated that the technology aims to reduce the demand for solar project engineering, and the industry is currently facing a shortage of qualified engineers. Gary Joseph, Vice President of Sales and Marketing at Castillo Engineering, said, "We have extensive experience dealing with customers and understand the challenges they encounter in many (or even all) projects. We have summarized all the lessons learned over a period of time and decided to make them our focus for future development Castillo Engineer will specifically use PMO 360 and Design IQ in its utility scale solar services.

  • SolarKal and G&S Solar install community solar panels on rooftops near New York City
    SolarKal and G&S Solar install community solar panels on rooftops near New York City
    • May 12, 2025

    SolarKal has partnered with EPR Properties to develop a 1.4 megawatt community solar project on the top floor of the 230000 square foot New Roc City building in EPR, New Rochelle, New York. As the main user, EPR Properties will provide renewable energy power to the public areas of the building, while offering community solar subscription discounts to nearby residents and businesses. The New Roc City complex has various entertainment venues and is an important gathering place in the local area. Cassie Lane, Director of Asset Management at EPR Properties, said: 'We are pleased to see the completion of our solar project in collaboration with SolarKal and G&S, which will bring sustainable energy solutions and have a significant impact on the local community.'. ” SolarKal conducted a feasibility analysis of EPR's investment portfolio and determined that New Roc City is an ideal location for community solar projects. Subsequently, the team facilitated a competitive Request for Proposal (RFP) and ultimately selected G&S Solar, a developer with deep expertise in the New York market. SolarKal's Chief Commercial Officer Neil Sharma said, "SolarKal is honored to help EPR Properties unlock the economic value of its roofs while advancing its sustainable development goals. This project has reduced operating costs, created long-term rental income, and brought real energy savings to the community. As an ice hockey enthusiast who grew up in New Rock, I am immensely gratified to see this building become a model of positive influence. ” Abe Naparstek, Chief Operating Officer of G&S Solar, said, "This project demonstrates how solar energy can bring benefits beyond rooftops. We are honored to collaborate with SolarKal and EPR Properties to bring clean and affordable energy to New Rochelle, while helping the state achieve ambitious climate goals. ” The final construction of the project is underway, and SolarKal will provide ongoing project management to ensure the smooth implementation of the project. About 150 community solar energy users will benefit from the water and electricity cost savings brought by the project.

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