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.
Louisville Gas and Electric's solar share program allows ratepayers to purchase a share of a large solar field and get a credit on their utility bills for the solar energy the share generates, WKYU-FM reports.
The implementation plan that Arlington County expects to propose in June 2020 needs to include the creation of a green bank – a quasi-public entity established to facilitate private investment into local low-carbon, climate-resilient infrastructure.
“Smart” contracts leverage blockchain technology to streamline and automate many of the most technical and time-consuming financial and logistical steps in smaller-scale solar development. Furthermore, smart contracts integrate peer-to-peer financial mechanisms, tapping into new capital pools for small and distributed renewable systems.
With so much sunlight on tap, solar power has begun to boom in Puerto Rico since Hurricane Maria. Across the island, individuals, communities and businesses are installing solar panels and battery systems.
The city's municipal utility, the Tennessee Valley Authority's largest customer, has launched a study to explore whether it can save money by breaking away from TVA, possibly by developing or buying renewable energy sources like solar and wind.