All posts from James Ayre

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3 FPL Solar Projects Advancing

The largest utility company in the Sunshine State, Florida Power & Light Company (FPL), has revealed that 3 of the solar photovoltaic (PV) projects that the company is currently having developed in the state are on track to be completed in 2016. Once completed, these 3 projects will effectively triple the firm’s current solar energy capacity. […]

September 30th

4 MW Solar + Storage Installed In US In 2014, Set To Skyrocket In 2015

While only 4 megawatts (MW) of solar photovoltaic (PV) + energy storage capacity was deployed in the US in 2014, significant change is coming to the sector, according to GTM Research. Altogether, less than 0.1% of all solar PV installations in 2014 were accompanied by energy storage systems. Amazingly, this is actually a decrease in installation […]

September 30th

AES Distributed Energy Securitizing $100 Million Worth of Solar Assets

The Colorado-based solar energy project developer AES Distributed Energy has revealed that it will be securitizing a portfolio of solar energy assets for a total of $100 million, according to recent reports. The notes will be secured with the revenue from around 1,548 US solar energy installations. The deal marks the sixth major solar securitization […]

September 30th

SolarCity Silevo Solar Module Aim: 50¢/Watt, 24% Efficiency

SolarCity’s goals for the Silevo solar module manufacturing facility under development in Buffalo, New York, are certainly not unambitious ones — based on the company’s recent SEC filing detailing the achievements needed via its performance-based compensation plan to vest tranches of shares. Amongst these achievements, is the meeting of production costs of just 50¢/watt for […]

August 30th

California Sets Another Solar Power Record

The state of California has achieved a new electricity generation peak record for utility-scale solar energy, according to recent reports. The new record of 6.391 gigawatts (alternating current, not direct current) was achieved on August 20, 2015, according to California’s grid operator. This figure refers to both utility-scale solar photovoltaic (PV) projects and concentrating solar […]

August 29th

11+ GW Of Solar Projects Approved To Compete In Brazil Solar Auction

The current renewable energy auction (First Energy Reserve Auction), which took place yesterday, August 28, 2015, was a crowded one. It included the competition of more than 11.26 gigawatts (GW) of potential capacity, via 341 different projects. This followed the approval of this large number of applicants by the Brazilian authorities. As noted by the Brazilian government’s Energy Research […]

August 29th