Markets & Policy
Idaho drops solar compensation rates by 31%
After utility Idaho Power proposed paying 60% less for the energy it buys from rooftop solar owners, the utilities commission landed about in the middle, deciding to cut net metering rates by 31%. Rooftop solar owners will receive 31% less compensation for the excess energy they send to the grid following a final rule by […]
Coalition sues EPA for rescinding $7B solar program
A coalition of grant recipients and large law firms filed suit against EPA and its head Lee Zeldin for pulling funds intended to support low-income community solar projects across the nation. Recipients of the Environmental Protection Agency’s (EPA) $7 billion Solar For All grant program have sued Environmental Protection Agency (EPA) and its head administrator […]
IEA lowers 2025-30 forecast for solar growth
The International Energy Agency (IEA) cut its 2025–30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80% of 4.6 TW expected growth. From pv magazine Global Around 3.6 TW of solar is expected to be installed globally between 2025 and 2030, according to the IEA‘s latest analysis. The agency’s medium-term forecast […]
Newsom vetoes another bill to curb California’s rising energy demand
Gov. Newsom said the virtual power plant bill would not have improved electric grid reliability planning because it did “not align with the California Public Utility Commission’s Resource Adequacy framework.” Gov. Gavin Newsom vetoed AB 740, a bipartisan bill that would have required California to adopt a virtual power plant (VPP) deployment plan. Newsom said […]
Residential solar installer Palmetto closes $420 million asset backed securitization
The transaction is backed by over 22,000 residential solar leases and power purchase agreements and marks the second major ABS deal in 2025 for Palmetto. Residential solar, battery energy storage and heat pump provider Palmetto announced it has closed its second major asset-backed securitization of 2025. The $420 million transaction is backed by a pool […]
California proposes order of 6 GW by 2032 to get ahead of expiring tax credits
A California Public Utilities Commission Judge called for a “premature” order of additional electric capacity in the state to take advantage of lucrative renewable energy federal tax credits while they still exist. A California Public Utilities Commission (CPUC) judge proposed the commission order an additional 6 GW of capacity in the state between 2029 and […]
Zombie apocalypse-ready solar + storage kit
JDEnergy introduced its eBlock 100C, eStation MV-6880, combined control systems, and the milestone deployment of its 20,000th energy storage block. Exhibiting at its booth at the RE+ trade show, battery integrator JDEnergy focused on the gear: specifically, how its products integrate, how they’re installed, and how control systems can be streamlined by removing unnecessary components. […]
EcoFlow launches energy management system providing whole-home backup
Global energy company EcoFlow’s latest product, Gateway, is a wall mounted hardware system that can be installed indoors or outdoors and is compatible with third-party inverters and diesel generators as well as EcoFlow’s own extensive product suite. From ESS News EcoFlow has launched a new home energy management system to help householders manage their energy usage. The […]
TotalEnergies sells 50% stake in 1.4 GW solar portfolio
TotalEnergies announced it is acquiring a 49% interest in natural gas assets in Oklahoma on the same day it announced it is selling a 50% stake in its North American solar portfolio. French energy giant TotalEnergies signed a deal to sell a 50% stake in a 1.4 GW North American solar portfolio to private equity […]
California allows flexible interconnection for distributed solar, storage to avoid grid upgrades
California is the first state to enable distributed solar or storage projects to use flexible interconnection, but the hardware required to flexibly control output may not yet be available. A flexible interconnection option for distributed solar or storage in California that was long in the works has now taken effect. The option will enable projects […]