CEC

$1B Palen Solar Project Gains Fed Approval for 500 MW PV, Side-Steps California Energy Commission

The decade-old 500 MW Palen Solar Project has finally won decisive federal approval to go ahead as an estimated $1 billion photovoltaic project in the California desert after years of controversy and varied ownership. The November 1 approval by the US Bureau of Land Management also side-steps years of regulatory consideration of the project by the California Energy Commission, when the plant was still being proposed as a solar thermal project.

California’s New Solar Regulations Prop Up Vivint Solar’s Lackluster First Quarter

Vivint Solar, one of the United States’ leading residential solar installers, announced its first-quarter earnings this week, posting lackluster growth and a larger-than-expected net loss, causing the company’s shares to tumble until investors took notice of California’s new building regulations mandating solar on all new residential buildings from 2020 onwards.