The Virginia Clean Economy Act, narrowly passed by both chambers of the state legislature, sets one of the largest energy storage targets in the country at 2.4 GW by 2035 and pushes state regulators to devise a carbon dioxide cap and trade program that complies with the Regional Greenhouse Gas Initiative (RGGI).
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.
The utility has chosen to disregard the goals of the state of Rhode Island and only procure electricity from one of the projects that completed a recent solicitation.
Renewables, storage and energy efficiency may get a stronger foothold in Mississippi after utility regulators last week took an unprecedented move to create a formal long-term energy planning process for the electric companies they regulate.
Gov. Ralph Northam signed a budget barring Virginia from participating in the Regional Greenhouse Gas Initiative, a cap-and-trade program encompassing power plants in nine Northeastern states.
Student-managed funds, including at universities in Connecticut and Rhode Island, are starting to invest more aggressively in renewable energy companies to hedge their portfolios and to gain from market returns.
A proposal making its way through the Iowa legislature would impose new monthly fees on homes and businesses that own solar power systems, adding years to the payoff period before customers' utility-bill savings would cover the cost of adding solar.
