Solar growth from the Virginia Clean Economy Act could create 29,500 direct solar jobs in Virginia, and tens of thousands of indirect jobs, according to a new study released today by a coalition of rooftop and shared solar companies and advocates.
In California, the nation’s most populous state, every newly-built home must now come with enough solar panels to satisfy its electricity needs. It’s a quiet revolution tucked into the building codes approved unanimously by the California Energy Commission in 2018.
Utilities like Duke Energy and Xcel Energy have issued billions in green bonds to fund renewables development. Green banks in New York, Connecticut and other states are backing investments in distributed resources and energy efficiency. It appears much more institutional money wants in on the green opportunity.
Though Vivint sales representatives knock on “millions of doors a year,” CEO David Bywater said on the company’s Q3 earnings call that recent power outages have pushed many potential customers to reconsider renewables and storage.
Los Angeles has been sitting on a contract for record-cheap solar power for more than a month — and city officials declined to approve it because of concerns raised by the city-run utility’s labor union, which is still fuming over Mayor Eric Garcetti’s decision to shut down three gas-fired power plants.