Thornova Solar Insights for Feb. 8, 2024

Thornova Solar Insights for Feb. 8, 2024

Partner Spotlight

This week we celebrate Frankensolar Americas for their partnership in Canada. We look forward to working together to deliver on the promise of solar and help Canada reach its net-zero goals.?

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Trendlines

North American solar PPA prices rise, while European prices fall

Power market analysts LevelTen Energy has published its latest report into the European and North American renewable power purchase agreement (PPA) sectors, noting a slight increase in the value of solar PPAs signed in North America, and a slight decrease for those signed in Europe.

Opportunities

Utility PGE seeks to contract 753 MW of renewables in Oregon

US utility Portland General Electric (NYSE:POR) has opened an all-source Request for Proposal (RFP) to contract non-emitting dispatchable and renewable generation power capacity in Oregon. Specifically, the utility will award PPAs for up to 753 MW of renewable energy projects that should be commissioned by the end of 2027.?

Xcel Energy to build 3.6GW of renewable capacity and 600MW of storage in Minnesota

Xcel Energy filed a new clean energy plan for the Upper Midwest that the utility says will reduce carbon emissions by up to 88% by 2030, relative to 2005, while raising customer rates less than 1% per year through 2040. The plan includes an additional 3,600 MW of new wind and solar and 600 MW of battery storage by 2030.

Policy

The Solar Policy Scoop for February 2024

Solar Power World gathers the scoop around the U.S. for policy changes impacting the solar and storage industry.


Product Spotlight

Seven Advantages of TopCon Technology

Take a closer look at the advantages of TOPCon solar technology and examine why it’s becoming the fastest growing solar technology in the industry.


?? "The secret of change is to focus all of your energy not on fighting the old, but on building the new." - Socrates ?? As you delve into the latest in solar innovation with #ThornovaSolarInsights, remember the power of nurturing new growth. Speaking of growth, Treegens is excited about the potential for partnership in the Guinness World Record of Tree Planting event! ?? Find out how you can join us: https://bit.ly/TreeGuinnessWorldRecord ?? Let’s grow together.

Absolutely! Keeping pace with the solar industry's evolution is crucial. As Benjamin Franklin once said, "An investment in knowledge pays the best interest." ??? Subscribing to #ThornovaSolarInsights not only enriches your understanding but empowers you to make informed decisions. Let's illuminate the world together! ???? #ManyMangoesSupportsGreenEnergy

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