Jim Wood

Reconductoring could enable 764 GW of transmission-connected solar by 2035. (My latest for PV Magazine USA) Replacing existing transmission lines, known as conductors, with advanced conductors could enable 764 GW of transmission-connected solar by 2035 even if transmission in new corridors was limited, found a study by UC Berkeley and GridLab researchers. 3M CTC Global TS Conductor Amol Phadke #Reconductoring

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The clean energy transition will have a profound impact, including reducing global climate instability, promoting health and safety through lower emissions, and supporting energy independence and economic growth. It also aims for a fair distribution of benefits and costs, enhancing community well-being. Energy independence will be the most dramatic change people alive today will see in their lifetime. The smallest and poorest countries, not beholden to others will lead to contractions of the fossil fuel and munitions industries. As a result, autocracy will decline and human nature will be redefined.

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Global solar energy installations saw a 29% increase in 2017, reaching 98.9 GW. Today, solar energy is a proven, rapidly growing technology, and by 2024, it's expected to reach an impressive 520 GW. The future is solar, and the time to invest in clean energy is now! #SolarEnergy #RenewableEnergy #Sustainability #CleanEnergy #EnergyTransition

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Is your #solarPV project delivering the expected energy yield? Our latest white paper compares pre-commercial operation energy yield assessments against real-world data from five different projects to offer insights into optimizing your solar investment. Check it out to learn how to improve your project's performance and bottom line: https://lnkd.in/eJ7XHHEc #renewableenergy #energyyield #whitepaper #solar #PowerWasJustTheBeginning #WeAreHiring

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Solar Alliance sees strong potential for 2024 growth fueled by $2.3 million in contracted backlog and $3.7 million in solar grant applications Company signs contracts for $615,00 in Tennessee, Kentucky, and Alabama as medium size project pace accelerates Toronto, Canada and Knoxville, Tennessee, May 13, 2024 – Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and utility solar sectors, is pleased to announce several contract signings that have contributed to a backlog of contracted projects exceeding $2.3 million and provide an update on its grant-supported project pipeline, which currently totals $3.7 million. The Company is currently working with clients to submit projects for U.S. federal grant applications with a combined $2.6 million capital cost, in addition to $1.1 million in grant-supported projects announced on April 15, 2024. The grant applications are for United States Department of Agriculture (“USDA”) Rural Energy for America Program (“REAP”) eligible projects. Subject to USDA approval, the Company anticipates these projects will be added to the Company’s backlog as early as the end of Q3, 2024. “Solar Alliance is extremely proud to be supporting rural businesses as they make the transition to solar and reduce their electricity costs”, said CEO Myke Clark. “These projects allow for a faster cycle time from sale to construction and can generate consistent cash flow. The Solar Alliance team has developed sufficient capacity to provide solar solutions to commercial clients of all sizes. In addition to executing on these medium-sized projects, we remain committed to delivering larger projects that require a longer sales cycle. The combination creates an ideal cashflow combination as we continue to scale our business.” The Company is also pleased to announce it has signed contracts for four medium-sized commercial projects for retail, agriculture, and education customers in the Southeast U.S. The four projects have a combined capital cost of $615,000 and are located in Tennessee, Kentucky and Alabama. The project in Alabama is the first for Solar Alliance in the state. All four projects are expected to be built in 2024. For a Full Profile View & Press Release of Solar Alliance Energy Visit: https://lnkd.in/exTSu5a #stockstowatch #stocks #smallcap #greenenergy #smallcaps #Investment #investing #stockstobuy #investors #renewables #renewableenergy #cleanenergy #solar #greenenergy #solarenergy #energy #solarpower #gosolar #solarpanels #sustainability #climatechange #environment #sustainableenergy #solarinstallation #sunpower @solaralliance $SOLR

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The solar industry in the U.S. is on the rise, and new tax benefits are set to give it an even bigger boost. According to PV Magazine, guaranteed and transferable tax credits will provide critical support, making the solar sector "too big to fail." These benefits include transferable Investment Tax Credits (ITC), which have increased from 26% to 30% trough 2032, offering developers greater flexibility and financial security. This change is expected to ensure more projects get off the ground. The article states: “When’s the last time you’ve had a 10-year time frame where you feel pretty good that these tax credits are going to be there, right?” At REplace, we believe the timing is perfect for our penetration into the US market to help develop these solar farms with minimum development risk and maximum ROI. Want to learn more? DM me. Source: https://lnkd.in/d6Px-arD

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With three months of data still to trickle in, #Georgia has already added a record amount of new #solar so far this year, a new report released Wednesday finds. The Peach State added 1,376 megawatts of solar in the first three quarters of this year, enough to #power roughly 160,000 homes, according to the new analysis from the Solar #Energy Industries Association and the data analytics firm Wood Mackenzie. That’s the fifth most in the country, trailing only #Texas, #Florida, #California and #Nevada, the report found. https://lnkd.in/eMsHxvuz

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US queue (from the EIA generator inventory October file) - https://lnkd.in/gaxU2JAd Through to 2030 there is about 98 GW of solar planned, 45 GW of batteries, 22 GW of onshore wind, 12 GW of CCGT, 9 GW of CT, 6 GW of offshore wind, and 2.6 GW of Pumped Storage Hydro.

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Here’s a helpful intro to community solar from the U.S. Department of Energy’s Office of Energy Efficiency & Renewable Energy: https://lnkd.in/dQh_pCT6

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Wind power purchase agreement prices rose 7% during the second quarter, while the cost of the average North American solar PPA rose 3%, according to LevelTen Energy, which runs an online marketplace for energy transactions. Solar PPA prices remain relatively flat; prior to this quarter’s modest rise, prices had dropped 1% in the first quarter. Wind PPAs, however, are increasingly expensive, with the average price for a North American, wind-based PPA up 13.5% year-over-year. Wind projects face a growing number of upward price pressures, according to Mitchell Reay, senior manager for operational analytics at LevelTen Energy. But he said the trajectory for solar PPAs seems less certain. LevelTen Energy Mitchell Reay Electricity and Power Generation – May 2024 - https://lnkd.in/grcnViY3

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... The decline in PV module costs is said to have contributed 45% to the LCOE reduction of utility-scale PV since 2010, while inverters contributed another 9%. Racking, mounting and other BoS hardware contributed a further 9%. EPC, installation and development costs and other soft costs were responsible for 28% of the LCOE decline, with the rest of the reduction attributed to improved financing conditions as markets have matured, reduced O&M costs and an increased global weighted average capacity factor, driven by a shift to sunnier markets. https://lnkd.in/dVqYy-HD

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The New York Solar Energy Industries Association (NYSEIA) advocates for raising New York's distributed solar goal to 20 GW by 2035. The new policy report emphasizes doubling down on distributed solar to meet climate targets. NY added over 800 MW of solar capacity last year but it is targeting 6 GW by 2024. The NYSEIA report concludes that legislative and regulatory action is crucial to sustain this growth. Smart policies and federal incentives can also help achieve these goals. #SolarEnergy #RenewableEnergy #ClimateAction #NewYorkSolar #CleanEnergy #Sustainability #NYSEIA #DistributedSolar https://lnkd.in/eqAR63sC

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Check out what Justin Spencer has to say about the potential impacts on energy efficiency of PJM's proposal to eliminate energy efficiency capacity payments. We hope the impacts are small, but there's plenty of cause for concern.

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DOE proposes ten “national interest” transmission corridors (my latest for PV Magazine USA) Eight of the ten transmission corridors proposed by the U.S. Department of Energy would facilitate transmission between grid regions; one would expand transmission within the Mid-Atlantic’s #PJM grid region; and one would expand transmission in the Northern Plains.

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@RenewableEnergyWorld reporting that community solar is advancing again in PA. Maybe it will finally pass this time? "On March 26, 2024, the Community Solar Act, HB 1842, was passed by vote of the Pennsylvania General Assembly and sent for consideration by the Senate. The Act establishes a third-party-owned community solar program in the Commonwealth. Under the legislation, community solar facilities must have a maximum nameplate capacity of 20 MW (AC) for facilities located on a brownfield or rooftop and 5 MW (AC) if located elsewhere. Community solar facilities cannot have any single offtaker with a subscription for more than 50% of the facility’s capacity or energy output, except for master-metered multifamily residential or commercial buildings. At least 50% of the facility’s subscribed capacity must be for subscriptions of 25 kW or less. Some or all of the facility’s generated electricity must be credited to subscribers’ electric bills to offset all charges except volumetric or demand-based distribution charges. Community solar facilities may be remotely located and are not required to provide energy serving on-site load." Read more at https://conta.cc/49SgukV #solar #energy #solarenergy #renewables #renewableenergy #electricity #energystorage #ESS #distributedenergy #sola

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