In a recent development in the solar energy sector, a new qualification metric is being introduced to better assess eligibility for solar programs among low-income households. This innovative approach seeks to replace traditional FICO credit scores, which have been criticized for disproportionately disadvantaging low-income families. The new metric aims to make solar energy more accessible and equitable, marking a significant shift in how solar programs assess financial eligibility.
The Limitations of FICO Scores
FICO credit...
In a landscape characterized by evolving energy demands and increasing pressure to transition to renewable sources, the Pathways Initiative is proposing a significant restructuring of power market oversight in the Western United States. This initiative seeks to create a regional organization that...
In recent years, the United States has made remarkable strides in embracing renewable energy, positioning itself for a more sustainable future. This transition has been driven by a combination of factors, including environmental concerns, economic opportunities, and technological...
As the U.S. strives to strengthen its domestic renewable energy sector, ES Foundry, a new player in solar cell manufacturing, is helping to reshape the landscape. The company recently celebrated the grand opening of its cutting-edge facility in South Carolina, marking a significant step toward...
The Georgia Public Service Commission (PSC) has approved a significant expansion of the state's energy storage infrastructure, green-lighting a plan for Georgia Power to install 500 megawatts (MW) of battery energy storage systems (BESS). This decision marks a major step forward in the...
In both the United States and Canada, students are at the forefront of the climate crisis, confronting not only the real-world impacts of environmental degradation but also the political tensions that surround the necessary changes to address it. The rising challenges of climate change have sparked...
Canada's carbon tax has long been a topic of debate. As the federal government implements and adjusts its policies to address climate change, the carbon tax has emerged as a central tool in reducing greenhouse gas emissions and fostering a transition to cleaner energy. However, recent discussions...
Duke Energy Florida has announced plans to build four new utility-scale solar energy facilities across the state, aimed at adding 300 megawatts (MW) of renewable energy to the grid. This expansion is part of the company’s broader strategy to increase its solar generation capacity and...
New York is one step closer to bringing offshore wind power to the city’s grid with the recent approval of transmission infrastructure for the Empire Wind 1 project. The New York State Public Service Commission (PSC) granted final approval for the construction and operation of the offshore...
The SouthCoast Wind project, a major offshore wind initiative set to deliver clean energy to the New England grid, has encountered significant delays as contract negotiations stretch into their third extension. The project, located south of Martha’s Vineyard and Nantucket, has already been...
GE Vernova, a leading global energy technology company, has announced a significant agreement with renewable energy developer RWE to provide over 100 of its advanced wind turbines to two major wind farms in Texas. The deal, which includes the delivery of 109 turbines to the Honey Mesquite wind farm...
