Duke Energy proposes changes to PURPA rules that effect (1) size, (2) term, (3) competitive bid process, (4) reprice every 3 years and (5) 5-year PPA for 5MW projects. MidAmerican and Xcel plan to add solar PV using avoided cost contracts that sell power at retail rates.
VA allows solar PV on up to 25% of land and sell excess power to utility.
ORIX developing 13 solar PV projects in the US.
Clean energy provided 55% of new capacity in 2016. $241.6BN investment in clean energy. 11.3% energy, up 6.1% from 2006. $113.7BN in 75GW solar PV represents 50% new renewable energy investment, most ever. Solar panel prices fell more than 80% since 2010.
FPL plans to build 2.1GW solar PV in FL, 300MW/year
US power companies will close 8GW of coal-fired power in 2017, closed 13GW in 2016.
MUFG awarded MLA of the Year. $325MM fund for clean energy investment in solar PV, energy efficiency. Potential dampening in long-term power prices. Majority of investor dollars go into 4 technologies (1) solar PV, (2) wind (3) LED lighting and (4) electric cars. Investors building green-power transmission lines. Impediment to energy efficiency market expansion is access to capital. Addressable market for energy storage is $30BN. JPMorgan created the first socially conscious muni bond fund, JPMorgan Municipal Income Fund. Cosan export 2MM TPY of wood pellets to Japan by 2025 helped by proposed rail link.