Dive Brief: The public-private Transportation Electrification Partnership (TEP), led by the Los Angeles Cleantech Incubator (LACI), wrote a $150 billion federal stimulus proposal to create jobs, reduce air pollution and build climate resilience in Los Angeles County and beyond, amid the novel coronavirus (COVID-19) pandemic. The package calls for five key … [Read more...] about Transportation Electrification Partnership proposes $150B federal stimulus package
New York expedites energy efficiency vendor payments to bolster industry rattled by COVID-19
Dive Brief: The New York Department of Public Service (DPS) and the New York State Energy Research and Development Authority (NYSERDA) on April 23 announced additional flexibility for energy efficiency administrators and workers hit hard by the COVID-19 pandemic. Program modifications include expedited payments to vendors and contractors for all completed work, and … [Read more...] about New York expedites energy efficiency vendor payments to bolster industry rattled by COVID-19
Dominion tries again on rejected AMI plan amid Virginia's new clean energy law
Dive Brief: Dominion Energy filed a petition with the Virginia State Corporation Commission (SCC) on April 14 for the approval of its distribution grid projects that were rejected in March. Dominion seeks a path forward to roll out its $752 million smart meter plan, which was pared back from an initial $1.49 billion proposal in 2018. State regulators last month wrote Dominion … [Read more...] about Dominion tries again on rejected AMI plan amid Virginia's new clean energy law
Post-COVID-19: A positive outlook for the commercial solar industry
The following is a contributed article by Marc Palmer, Managing Director at clean energy project facilitator New Resource Solutions. Like just about every other industry in the country, the COVID-19 pandemic has struck commercial solar. Most of New Resource Solutions' ("NRS") active projects have hit roadblocks in some way. Here are a few scenarios which depict the challenging … [Read more...] about Post-COVID-19: A positive outlook for the commercial solar industry
FirstEnergy's 'bullet-proof' pandemic strategy: $3.5B in liquidity, favorable rate structure
Dive Brief: FirstEnergy Corp. is navigating the coronavirus pandemic without the liquidity problems some utilities are facing. The Ohio-based company with operations in six states has cash liquidity of $3.5 billion, continued access to capital markets and a well-funded pension plan, CEO Charles Jones told analysts during Friday’s first quarter earnings call. FirstEnergy … [Read more...] about FirstEnergy's 'bullet-proof' pandemic strategy: $3.5B in liquidity, favorable rate structure