Puerto Rico Moving Towards 100% Renewable Energy Goal
Nearly two years after Hurricane Maria’s devastation of Puerto Rico and being months without electricity, Puerto Rico has worked vigorously to move on from the disaster. As part of the rebuilding, Puerto Rico is striving to improve and strengthen their grid. Puerto Rico’s Senate has recently passed a bill to mandate that the islands electric […]
Minnesota Is Home to the First Wind-Solar Hybrid Project in the Country
Solar is on the rise in the U.S and is becoming more appealing to corporations and consumers every day. Energy corporations around the country are looking to find a more efficient and cost-effective way to produce renewable energy. As the cost of solar has dropped, the appeal of adding it to wind installation projects has […]
Community Solar Development Projects are Coming to Pennsylvania
Solar is proving to be one of America’s fastest growing low-cost energy sources. On Thursday February 21, 2019, Pennsylvania lawmakers introduced bipartisan community solar legislation. Currently, there is only a small percentage of people in the state who acquire solar energy, and this legislation will expand access to affordable, clean energy for residents. What is […]
More and More Corporations are Turning Towards Renewable Energy
Corporations have been adamant that they want renewable energy. Last year, corporations and government agencies broke records by signing contracts to buy 13.4 gigawatts of power, with 1 gigawatt being equivalent to 1 billion watts. To put this in perspective, this is similar to Nevada’s total generating capacity. Despite the wave of federal policies that […]
Wind and Solar: Predicted to be the Fastest Growing Sources of Electricity Over the Next Two Years
The U.S. has been making substantial strides towards renewable energy goals recent years by pushing out fossil fuels and replacing them with renewable energy. In fact, The U.S. Department of Energy’s Energy Information Administration is predicting that wind and solar will grow 10-17% over the next two years. If these predictions are accurate, wind and […]
Schools Are Jumping On Board With Solar
With solar on the rise in the U.S., corporations and institutions with huge energy bills have started to realize how much money they can save by switching to solar power. One area where we are seeing great growth is in schools. In early December, the public schools in Arlington, Virginia decided to implement solar power […]
Tariffs Hit Hard in Q3: What Impact Did This Have on Solar Market?
The new 2018 U.S. solar tariff which was signed on January 23, 2018 by the Trump Administration levies a 30% tariff on all solar imports to the United States for the next four years. Although developers and contractors tried to secure models in the past few months before the tariffs hit, Q3 2018 is where […]
Investors and Sources of Capital are Fighting for Solar Power
Although solar power is often thought of as a bespoke investment, recent trends are causing investors and sources of capital to fight for limited supplies of feasible solar power projects. What has led investors to battle for solar power? The Distributed Energy System experts at Point Energy have outlined the three reasons why so many […]
Structural Changes for Trade Relationship Between US and China Being Discussed? What This Means for Solar?
Xi and Trump have agreed to a 90 day ceasefire on future tariffs in order to discuss significant structural changes to the trading relationship between the US and China. Currently, there is a 30% tariff on any imported solar panels, which equates to approximately $0.09/watt of an installation. For utility scale solar, this would be approximately 10% […]
Newly Elected Governors Could Mean Significant Increases in Renewable Energy by 2030
The 2018 elections on November 6th proved to be a big day for energy and climate policies. According to a report released by Wood Mackenzie and Renewables, we could see a 17.7 GWac (gigawatt alternating current) increase in total market solar energy in five states where new governors were elected. That is if all five […]