Tag Archives: renewable auction mechanism

Auriga Discusses California’s Proposed Renewable Auction Mechanism (RAM) – FSLR, YGE, TSL, WFR, STP, SPWRA

In recent days, California has proposed legislation that would help kick start smaller scale solar projects (1 – 20MW) using a feed-in-tariff system, but the rates would be set by an open bidding process which would help curb excessive rates for consumers while generating fair returns for the developer.  The Renewable Auction Mechanism (RAM) as it’s called is just a proposal at this point, but a final ruling could come within 30 days.  It’s likely … Read the rest