Renewable electricity

NRG Renew and SunShare Form Community Solar Alliance

NRG Renew, a wholly owned subsidiary of NRG Energy and SunShare, are partnering to finance and build 8.2 MW of community solar projects along the Front Range of Colorado. Once completed and online in mid-2015, this will be one of the largest operating community solar portfolios in the nation, comprised of five ground-mount sites, four in the Denver area and one in nearby Colorado Springs. The renewable electricity generated through this alliance will be available to residential, municipal and commercial subscribers spanning five counties.

ReneSola to Develop 13-MW Solar Farm Project in United Kingdom

ReneSola Ltd will develop a 13-MW solar project in Dorset, England and expects the solar farm to be fully operational and connected to the national energy grid by end of 2014. The company has identified a number of potential buyers for the project, which received planning consent in January 2014 and is eligible for the United Kingdom's support scheme to promote renewable electricity-generating technologies. The project will feature ReneSola PV modules exclusively, specifically the Virtus II.

Renewables and Carbon Markets

Allowance structures will influence project economics.

Carbon-reduction policies are being designed and implemented across the country. One common feature of these regulatory programs is a carbon cap-and-trade system—i.e., a carbon emissions market.