News

A battle over clean energy and where Vermonters get their power is expected to come to a head later this week. A bill requiring utilities to source power from all renewable sources by 2035 faces a veto threat from Governor Phil Scott over affordability.

The Renewable Energy Standard would require the state’s larger utilities to source 100% of their power from hydro, wind, and solar by 2030. Smaller utilities would have until 2035. It would require the state of Vermont to ramp up in-state production of renewable energy.

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Sens. Joe Manchin, D-W.Va., and John Barrasso, R-Wyo. — chairman and top Republican, respectively, on the Senate Energy and Natural Resources Committee — plan to soon share with colleagues draft bipartisan permitting reform legislation.

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BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net-zero by 2050. Its net-zero scenario targets a combined solar and wind capacity of 31 TW by 2050.

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The small southern New Hampshire town of Jaffrey is working with ReVision Energy to develop a community solar project on a former landfill despite ongoing policy barriers in the state.

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Central Maine Power and its parent company, Avangrid Inc. may soon be under the total control of privately owned energy giant Iberdrola S.A.

Iberdrola would pay a total of $2.6 billion under the agreement — $35.75 per share — in an all-cash transaction.

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To help owners and residents of affordable multifamily housing in Connecticut have easier access to the benefits of solar energy and battery storage, the Connecticut Green Bank announced its Solar Marketplace Assistance Program (Solar MAP) is now available to affordable properties with five or more units. 

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Low-income households receiving assistance with their utility bills who live in New York state-designated areas historically impacted by pollution will next year automatically get additional credits on their bill from solar and storage projects.

The New York state Public Service Commission on Thursday approved a “Statewide Solar for All” program that allows utilities to procure community solar projects and pass the credits for energy generated on to certain low-income customers. Currently, the program requires most residents to proactively sign up for the type of credit, but the new program would require no action unless eligible customers opt out.

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A climate trust fund proposed in Portland, Maine, would use money from the sale of city-owned renewable energy credits to kickstart further efforts to cut local carbon emissions. 

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PosiGen, PBC is pleased to announce that a direct lending infrastructure fund managed by Brookfield Asset Management (Brookfield) has expanded upon its funding commitment with an additional $150 million investment.

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The Biden administration is ending a key solar tariff exemption in a move long sought by domestic manufacturers. It's another front in the ongoing solar trade wars that could bolster nascent efforts to make solar panels in the U.S. — and divide the industry.