Mercom Capital Group released its report on funding and merger and acquisition (M&A) activity for the global solar sector in the first quarter of 2019 and found that total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q1 2019 came to $2.8 billion. Year-over-Year (YoY) funding in Q1 2019 was about 10 percent higher compared to the $2.5 billion raised in Q1 2018.

Just after the midnight hour of New Year’s Eve 2020, more than confetti will be abandoned on America’s sidewalks and parlors. Somewhere around $130 million dollars of Investment Tax Credit (ITC) from that year’s anticipated Commercial & Industrial solar projects will fall out from any hope of reaching the proverbial pocket books of the nation’s infrastructure investors (assuming 2000MW of C&I and Community solar, and a $2/w installation cost). On 1/1/20, the ITC drops to 26 percent, a first step to further decrease the following year.

On Thursday, Puerto Rico’s Governor Ricardo Rosselló signed into law the Puerto Rico Energy Public Policy Act which lays the groundwork for the island’s transition to 100 percent clean energy by 2050.

This weekend at its “Earth Day Every Day Fair,” Green Mountain Power announced an energy vision to have a 100 percent carbon free energy supply by 2025 and 100 percent renewable energy by 2030. The utility said the move is among the most aggressive carbon targets for a utility of GMP’s size in the country.

Yuba College, a community college part of the Yuba Community College District, this week completed a 1-MW solar carport installation that it says could result in $10 million of avoided utility costs over the life of the system. The District purchased the solar outright, which resulted in optimal savings.

Duke Energy Corp. will develop six utility-scale solar power projects in North Carolina that may cost up to $404 million as part of the state’s bid to boost renewable energy.

Nevada is joining the growing list of U.S. places that aim to ban fossil fuels from its electricity supply.

This week global energy and infrastructure group, Eversheds Sutherland, announced that it helped Ball Corporation secure two virtual power purchase agreements (VPPAs) – one wind and one solar – for a total of 388 MW of new renewable energy. According to Ball, these agreements will allow the company to power 100 percent of its corporate, packaging and aerospace operations electricity load in North America with renewable energy by the end of 2021.

Developing carbon capture and storage technology and low-carbon hydrogen is “a necessity not an option” for the UK to achieve a net zero carbon economy by 2050.

As of 2018, the city of Los Angeles boasted close to 350 MW of installed local solar power, according to reports. Its solar capacity increased some 44 percent year over year.

This week in Seattle, Washington, Senate Bill 5116 was signed into law in by Governor Jay Inslee after passing the state legislature earlier this month. This bill cuts out coal power by 2025 and requires an equitable transition to 100 percent clean electricity for the entire state by 2045.

Today, IREC proudly joins the collective voice of advocates and industry celebrating a milestone we have worked for 37 years to witness: two million solar installations now in the U.S. What better timing than in a year when children and governors, presidential candidates and corporate CEOs are all making headlines about the urgency of climate change action.

CleanChoice Energy on Thursday said it was opening an additional 20.51 MW of community solar capacity for residential customers of Xcel. The new capacity is being supplied by fifteen solar farms owned and operated by AltusPower America in various locations in Minnesota. CleanChoice Energy is the largest community solar provider in Minnesota with more than 85 megawatts of solar capacity.

Renewables energy investment in Asia excluding China will overtake spending on upstream oil and gas projects in the region as soon as next year, according to Rystad Energy.

Today, Alabama Municipal Electric Authority (AMEA) and Lightsource BP announced the development of a 100-MW (AC) solar energy project in Montgomery County, Alabama. Lightsource BP will finance, develop, build, own, and operate the solar facility and will deliver energy to AMEA under a 20-year power purchase agreement (PPA). The project, situated 15 miles from AMEA’s headquarters in Montgomery, will supply clean energy to AMEA’s 11 Member utilities located across the state and will generate enough electricity to power more than 20,000 homes.

Yesterday, energy storage company Saft said it delivered and installed a turnkey Energy Storage System to Bermuda Electric Light Company (BELCO). The system provides up to 10 MW power for spinning reserves and frequency response to maintain grid stability and has a storage capacity of 5.5MWh, said the company. The official ribbon-cutting ceremony was held on May 16.

LONGi Solar this week said that it has invented a new “seamless soldering” technique that could help it produce a more efficient solar module. As a reminder, the more solar cells you can pack into a module, the more efficient it is. And the more efficient your modules, the fewer you need to achieve the wattage you seek in an array. By using less modules, you reduce the overall installed cost of solar.

In the first quarter of this year, China added 5.2 gigawatts (GW) of installed photovoltaic (PV) capacity, according to the National Energy Administration. The figure is a drop from the 9.65 GW in the same period of 2018, due to the new policy on the construction of PV facilities for 2019 having been issued later in the year than similar policies issued in earlier years.

On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.

Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA).

In the first three months of the year, the U.S. installed 2.7 gigawatts of solar photovoltaics (PV), making it the most solar ever installed in the first quarter of a year. With the strong first quarter, Wood Mackenzie Power & Renewables forecasts 25% growth in 2019 compared to 2018, and it expects more than 13 GWdc of installations this year.

8minute Solar Energy, NV Energy and the Moapa Band of Paiutes announced that NV Energy selected 8minute to develop the largest solar plus storage project ever built in Nevada and one of the largest in the world.

Chinese solar company Hanergy Thin Film Power Group has won a deal to build the first solar PV plants in the Democratic Republic of Congo.

Clarion Energy & iTEN Media announce the launch of POWERGEN India 2020 co-located with Indian Utility Week & DISTRIBUTECH India

Clarion Energy’s Teresa Hansen, vice president of global content, for a webcast Wednesday  will be making some important announcements regarding this year’s event in New Orleans. Hansen also will offer key details on content, the exhibit floor and resources available to attendees.

Elizabeth Warren and Bernie Sanders stuck together, Pete Buttigieg took the middle path, Marianne Williamson took on racism and Beto O’Rourke faded into the background.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

The renewable energy transition promises to reduce carbon emissions, but it’s happening at different speeds around the world. Read on for some key insights from BloombergNEF’s New Energy Outlook 2019, which provides a detailed road map to the future.

Bernie Sanders wants renewable energy to power U.S. homes and vehicles by 2030 -- and he wants to do it by enlisting the federal government in building and running new solar, wind and geothermal electricity projects.

MORE THAN 170 NEWS OUTLETS from around the world have now signed up for Covering Climate Now, a project co-founded by CJR and The Nation aimed at strengthening the media’s focus on the climate crisis.

The Clean Energy Regulator of Australia has approved enough capacity to guarantee that the large-scale Renewable Energy Target of 33,000 GWh of additional renewable energy will be met in 2020.

2020 Hyundai Elantra vs. 2020 Toyota Corolla: Compare Cars The 2020 Toyota Corolla and 2020 Hyundai Elantra are two compact cars—and hatchbacks—that are great values with thrifty hybrids. Mailbag: What's the difference between car, crossover, and SUV anyway? "Why isn't an SUV a station wagon or a crossover?" a perplexed reader wrote...

Compact sedans like the Elantra and Corolla mostly form the role of commuter cars in American households, and they’re spacious enough to be family vehicles for those with smaller kids or pets to put in the back seat. If your budget is tight, the 2020 Toyota Corolla and 2020 Hyundai Elantra are two of the best values on the market. They both...

The 2021 Kia Sedona minivan sits across the lot from more interesting family crossovers and vehicles. (That it shares the same showroom as the Telluride crossover is just not fair, man.) Still, some families can’t escape the need for comfortable transportation for two or more small children. And for convenience, it’s hard to top a van...

2020 Honda Pilot vs. 2020 Ford Explorer: Compare Crossover SUVs Two of the bestselling three-row SUVs, the 2020 Honda Pilot and 2020 Ford Explorer, go about their family business a bit differently. Pickup trucks outsell cars for the first time, and it may not be temporary The Ford F-150, Ram 1500, and Chevy Silverado have been the best-selling...

Three-row crossover SUVs are having their day in the sun. These family haulers provide the spaciousness and safety of a minivan with the style and performance of something less...egg-shaped. Two of the bestselling three-row SUVs, the 2020 Honda Pilot and 2020 Ford Explorer, go about their family business a bit differently. What the Pilot lacks in...

Estimated traffic fatalities decreased in 2019 despite an increase in driving, according to a report from the NHTSA released on Wednesday. There were projected to be 36,120 traffic fatalities in 2019, which is a 1.2% decrease from 2018. It marks the third consecutive year of declines from a post-recession high point of 37,806 traffic fatalities in...

These are halcyon days for fleet-footed crossover SUVs. Saucy ‘utes like the 2020 Mercedes-Benz GLC 43 AMG hardly look like they’re just as quick as their smaller siblings but stopwatches don’t lie. In the example above, Mercedes says the GLC43 crossover takes just 4.7 seconds from 0-60 mph compared to the C43 sedan’s time...

Review update: The 2020 Mercedes-Benz AMG GLC 43 SUV "nose" the right spice level These are halcyon days for fleet-footed crossover SUVs. Saucy ‘utes like the 2020 Mercedes-Benz GLC 43 AMG hardly look like they’re just as quick as their smaller siblings but stopwatches don’t lie. 5 things to know about Uconnect 5 Uconnect 5, the...

Many car buyers aspire to own a Mercedes-Benz. The cars are a symbol of quality, bulletproof German engineering, and, yes, status. But if you can’t get the lord to buy you a Mercedes-Benz, you have to do it yourself, and that can really stretch the budget. Mercedes answers that issue with its two lowest-priced cars, the A-Class and...

We’re keen on small crossovers like the 2021 Audi Q3, and by looking at the road outside our windows, everyone else is too. This year, the Q3 returns and it’s largely the same as last year, except the price. The 2021 Audi Q3 nets a 6.7 TCC Rating, propelled by good safety scores and standard features. (Read more about how we rate...

We spent some time in the 2020 BMW 8-Series Gran Coupe; we drove the 2020 Genesis G70; and coronavirus has affected the 2020 Chevrolet Corvette. It's the Week in Reverse, right here at Motor Authority. The 2020 BMW 8-Series Gran Coupe is a more stylish four-door alternative to the 7-Series. We found it has a Teutonic rumble from its twin-turbo...

Although midsize sedans might no longer be the heart of the American market, Hyundai is showing with the redesigned 2020 Sonata that it can put its heart into one. The 2020 Hyundai Sonata has a dramatic new design language that finally brings the exterior look of this sedan up to the higher standard for its cabin that it introduced with the...

The rumor mill has been going into overdrive with news that a Porsche 718 Cayman GT4 RS is coming. Giving some credence to the rumors is a prototype spied this week of a Cayman even more hardcore than the GT4. Another prototype we spied was what appeared to be a new performance flagship for the M5 range. Word on the street is that the car, which...

The idea of communities, cities, states, or countries being powered by 100 percent renewable energy used to be perceived as fantasy. Enter the Go 100% Renewable Energy Project, which aims to perpetuate the clean energy movement by creating a revolutionary online platform that showcases real-time 100 percent renewable energy progress. So far, the project has mapped 8 countries, 59 Cities, and 61 Regions/States, representing more than 62 million people who have set, reached, or surpassed official 100 percent renewable targets in at least one sector (electricity, transportation, heating/cooling). Discover what’s driving the shift to 100% RE, the common trends emerging, and learn more about the Go 100% project with Founding Director of the Renewables 100 Policy Institute Diane Moss!

The Trump administration is weighing a broad array of strategies for keeping coal and nuclear power plants online as a matter of national security, with options ranging from invoking a 68-year-old law to a three-year-old one, according to a senior Energy Department official.

The nation’s energy sector employed 6.5 million Americans in 2017, up 133,000 jobs from the year prior, according to a comprehensive report released today from the Energy Futures Initiative (EFI) and the National Association of State Energy Officials (NASEO). This two percent growth rate exceeded the national average of 1.7 percent.

Today’s topics include the impact of section 201 tariffs on module supply and prices. Will they go up? We’ll also talk about developing the next generation solar workforce based on a new report about energy jobs in the U.S.

Ice Energy, a California firm that uses chunks of ice to cool buildings, has secured $40 million in financing from private equity group Argo Infrastructure Partners LLC.