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.

Australian Clean Energy Council Argues For Protecting Renewable Energy Funding

Australia’s Clean Energy Council has argued convincingly against legislation intended to cut future renewable energy grant funding from the Australian Renewable Energy Agency. “Legislation to be introduced to Parliament this week includes a $1 billion cut to ARENA’s grants funding, and puts everything that it has achieved at risk,” said Clean … [continued]