Community Solar Gets Big Thumbs-Up From Global Investors
The community solar movement in the US continues to attract support from global financial stakeholders, with or without support from federal energy policy.
The community solar movement in the US continues to attract support from global financial stakeholders, with or without support from federal energy policy.
Originally published on ILSR.org Residents of Puerto Rico are ready for energy democracy. Specifically, a resilient, renewable electricity system with equitably shared benefits. Is this vision possible for the island, whose democratic power is limited to begin with? For this episode of the Local Energy Rules Podcast, host John Farrell speaks … [continued]
In 2011, the neighborhoods of Highland Park, Michigan, went dark. The utility company had repossessed streetlights to collect on the city’s debt. Unwilling to stand idly by, the people of Highland Park organized to light the streets themselves using off-grid, renewable energy.
Last year saw the largest growth in new power generation capacity in the US in more than a decade — 34.7 gigawatts of new capacity came online. While growth across a mix of energy resources contributed to this jump, new gas plant development overshadowed all renewable energy sources, combined.
Renewable energy continued to expand across the country in 2018. This expansion in renewable energy complements a growing number of states, utilities, and cities that have set ambitious goals to transition to 100% renewable and carbon-free power generation.
In the 2019 Community Power Scorecard, four states excelled, 11 states and the District of Columbia saw above average scores, 15 were mediocre, and 20 states received failing grades at enabling individuals and communities to take charge of their energy futures.
As new power generation comes online, investments in renewable technologies consistently outpace those in fossil fuel development. Continued growth in both distributed and utility-scale solar has further solidified this trend in recent months.
Earlier this spring, the Institute for Local Self-Reliance released its 2018 Community Power State Scorecard, revealing the the best and worst states for local clean energy across the country.
Energy production from renewable sources continues to expand in the US at a rapid clip, thanks in no small part to the substantial growth of solar energy — and distributed solar in particular — in recent years. More states than ever are making solar a priority. But where have these gains been greatest, and what are the economic implications for residents from one state to the next?
How can community solar gardens be financed in ways that ensure broad participation?